Common use of Operational Matters Clause in Contracts

Operational Matters. 7.1. The LGB shall comply with the obligations set out in Appendix 2 which deals with the day-to-day operation of, and delegation of responsibilities to, the LGB. 7.2. The LGB will adopt and will comply with all policies of the Directors communicated to the LGB from time to time. 7.3. Both the Directors and all members of the LGB have a duty to act with integrity, objectivity and honesty in the best interests of the Company and the Academy and shall be open about decisions and be prepared to justify those decisions except in so far as any matter may be considered confidential. 7.4. The LGB will review its policies and practices on a regular basis and in accordance with any advice, recommendation or instruction issued by the Directors from time to time in order to ensure that the governance of the Academy is best able to adapt to the changing political and legal environment. 7.5. The LGB shall provide such data and information regarding the business of the Academy and the pupils attending the Academy as the Directors may reasonably require from time to time. 7.6. The LGB shall submit to any inspections by the Directors. 7.7. The LGB shall co-operate with the Directors and shall promptly implement any advice, recommendation or instruction issued by the Directors where intervention is either threatened or is carried out by the Secretary of State and the Directors expressly reserve their unfettered right to review and/or remove any power or responsibility conferred on the LGB under this Scheme in such circumstances.