Organizational Effectiveness Sample Clauses

Organizational Effectiveness. Due to the complex administrative structure of the GNWT Department of MACA (the GTF monitoring department), there are many different employees which monitor, provide advice and assist with the various aspects of the agreement. There is a risk that due to the lack of a single manager or director responsible for every employee providing support to the program, those priorities are not consistently aligned to the GTF Agreement and its delivery. The intest is that with the adoption of this control management framework, an acceptable level of organizational effectiveness is met due to an increased accountability of how complex relationships work together to administer the program in the NWT. Commitment to the Execution of the Agreement‌ By tabling this control management framework to the Oversight Committee of the Gas Tax fund on November 26, 2009, the GNWT reinforces its commitment to complying with the GTF Agreement and will ensure that mechanisms are in place to assist community governments in maintaining their compliance. The framework presented above demonstrates the formal reporting relationships with in the GNWT to ensuring that the obligations and responsibilities that the GNWT undertook by signing the Agreement. Furthermore, the information presented demonstrates that the greatest risk is barred by the GNWT and community governments. All financial risk is barred by the GNWT as the delivery model chosen by the jurisdiction allows for the GNWT to flow community government’s GTF allocation in advance of receipt from the Federal Government. Should the GTF be spent inappropriately, the GNWT has mechanisms in place to retrieve funding from community governments to offset this occurrence. The risk associated with the Federal Government is political risk should community governments fail to utilize all GTF within federally expected timeframes. Currently there are no measures in the Agreement to insist that community governments spend GTF by a specific date. However, the GNWT will commit to encouraging all community governments to spend GTF effectively and efficiently as eligible project opportunities become available. The GTF will not be utilized for the sake of utilization, but in order to most effectively comply with the outcomes outlined in the agreement.
Sample 1
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Organizational Effectiveness. ● Develop a strong & performing organisation with the right people in the right positions. ● Together with the Chairman and the Board, ensure that the Corporation has an effective senior Management team below the level of the CEO. ● Ensure that the Chairman and Board has regular exposure to senior Management team members, and that there exists an effective plan of succession and development for the CEO and senior Management. ● Effectively manage the human resources of the organisation according to authorised personnel policies and procedures that fully conform to current laws and regulations and ensures the Corporation operates with high staff morale. ● Recommend appointments to senior Management, monitor performance of senior Management and provide feedback and training as appropriate.
Sample 1

Related to Organizational Effectiveness

  • Organization and Status Purchaser (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation as set forth in the preamble to this Agreement, (b) is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary, and (c) has all requisite power and authority to own or hold under lease the property it purports to own or hold under lease and to carry on its business as now being conducted. Purchaser has made available to Seller complete and correct copies of the Organization Documents for Purchaser.

  • Organizational Existence Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

  • Organization, etc The Purchaser has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware, with corporate power and authority to execute and deliver this Agreement and to perform the terms and provisions hereof.

  • Organizational Structure The ISO will be governed by a ten (10) person unaffiliated Board of Directors, as per Article 5 herein. The day-to-day operation of the ISO will be managed by a President, who will serve as an ex-officio member of the ISO Board, in accordance with Article 5 herein. There shall be a Management Committee as per Article 7 herein, which shall report to the ISO Board, and shall be comprised of all Parties to the Agreement. There shall be at least two additional standing committees, the Operating Committee, as provided for in Article 8, and the Business Issues Committee, as provided for in Article 9, both of which shall report to the Management Committee. A Dispute Resolution Process will be established and administered by the ISO Board in accordance with Article 10.

  • Organization of Company The Company, a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

  • Organization; Power; Qualification Each of the Borrower, the other Loan Parties and the other Subsidiaries is a corporation, partnership or other legal entity, duly organized or formed, validly existing and in good standing under the jurisdiction of its incorporation or formation, has the power and authority to own or lease its respective properties and to carry on its respective business as now being and hereafter proposed to be conducted and is duly qualified and is in good standing as a foreign corporation, partnership or other legal entity, and authorized to do business, in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization and where the failure to be so qualified or authorized could reasonably be expected to have, in each instance, a Material Adverse Effect.

  • Organization and Good Standing; Qualification The Seller has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware, with the power and authority to own or lease its properties and to conduct its activities as such properties are currently owned or leased and such activities are currently conducted.

  • Organization; Qualification The Company is a corporation duly organized and validly existing under the laws of the State of Delaware and is in good standing under such laws. The Company has all requisite corporate power and authority to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction in which the ownership of its property or the nature of its business requires such qualification, except where failure to so qualify would not have a material adverse effect on the Company.

  • Business Activities; Change of Legal Status and Organizational Documents The Credit Parties shall not: (i) engage in any line of business other than the businesses engaged in on the date hereof and business reasonably related thereto; (ii) change its name, its type of organization, its jurisdictions of organization or other legal structure; or (iii) permit its articles of incorporation (including any certificates of designation, is applicable), bylaws, operating agreement, partnership agreement, certificate of organization or similar governing or organizational documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect.

  • Organization, Standing, Etc The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into and perform all of its obligations under this Agreement and each of the Collateral Agreements to which it is a party, to issue and sell the Shares to be issued and sold at the Closing and to carry out the transactions contemplated hereby or thereby.

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