Common use of Powers and Duties of the Manager Clause in Contracts

Powers and Duties of the Manager. The Manager has the power and authority to take such actions on its own behalf or on behalf of the Company as it from time to time considers necessary or appropriate to enable it to perform its obligations under this Agreement, subject to customary oversight and supervision of the Company, its Board of Directors and its executive officers.

Appears in 6 contracts

Samples: Administrative Services Agreement (OceanPal Inc.), Administrative Services Agreement (OceanPal Inc.), Administrative Services Agreement (OceanPal Inc.)

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Powers and Duties of the Manager. The Manager has the power and authority to shall take such actions on its own behalf or on behalf of the Company Group as it from time to time considers necessary or appropriate to enable it to perform its obligations under this Agreement, subject to customary oversight oversight, direction and supervision of the Company, its Board of Directors and its executive officers.

Appears in 1 contract

Samples: Administrative, Advisory and Support Services Agreement (Dorian LPG Ltd.)

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