Common use of Powers and Duties of Manager Clause in Contracts

Powers and Duties of Manager. Subject to the terms and provisions of this Agreement, the Manager shall have the following powers and duties which shall be discharged in accordance with approved Programs and under the general guidance of the Management Committee: (a) the Manager shall manage, direct and control Operations; (b) the Manager shall implement the decisions of the Management Committee and shall make all expenditures necessary to carry out adopted Programs, and shall promptly advise the Management Committee if it lacks sufficient funds to carry out its responsibilities under this Agreement;

Appears in 1 contract

Samples: Property Option Agreement

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Powers and Duties of Manager. Subject to the terms and provisions of this Agreement, the Manager shall have the following powers powers, duties and duties obligations which shall be discharged in accordance with approved adopted Programs and under the general guidance of the Management CommitteeBudgets: (a) the The Manager shall manage, direct and control Operations; (b) the Manager Operations and shall implement the decisions of prepare and present to the Management Committee proposed Programs and shall make all expenditures necessary to carry out adopted Programs, and shall promptly advise the Management Committee if it lacks sufficient funds to carry out its responsibilities under this Agreement;Budgets as provided in Article IX.

Appears in 1 contract

Samples: Operating Agreement (Hecla Mining Co/De/)

Powers and Duties of Manager. Subject to the terms and provisions of this Agreement, the Manager shall have the following powers and duties duties, which shall be discharged in accordance with approved adopted Programs and under the general guidance of the Management CommitteeBudgets: (a) the Manager shall conduct, manage, direct and control Operationsoperations, including exploration operations and the preparation of proposed Programs and Budgets; (b) the Manager shall implement the decisions of the Management Committee and shall make all expenditures Expenditures necessary to carry out adopted Programs, and shall promptly advise the Management Committee if it lacks sufficient funds to carry out its responsibilities under this Agreement;

Appears in 1 contract

Samples: Earn in Agreement (Evolving Gold CORP)

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Powers and Duties of Manager. Subject to the terms and provisions of this Agreement, the Manager shall have the following powers and duties which shall be discharged in accordance with approved adopted Programs and under the general guidance of the Management CommitteeBudgets: (a) the Manager shall manage, direct and control Operations; (b) the Manager shall implement the decisions of the Management Committee and shall make all expenditures necessary to carry out adopted Programs, and shall promptly advise the Management Committee if it lacks sufficient funds to carry out its responsibilities under this Agreement;

Appears in 1 contract

Samples: Global Settlement Agreement (Idaho Consolidated Metals Corp)

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