Powers and Limitations. All the powers and authority of the Agency shall be exercised by the Board, subject, however, to the rights reserved by the Members and Affiliated Parties as set forth in this Agreement.
Powers and Limitations. The Village Charter School is a legally and operationally independent entity established by the nonprofit corporation’s Board. The Board is legally accountable for the operation of the charter school. TVCS acknowledges that upon approval of the petition and the contract, the Board members are public agents required by the Commission to control the charter school. The Board commits to compliance with all federal and state laws and rules, and acknowledges that the responsibility for identifying essential laws and regulations, and complying with them, lies with the Board, not the Commission. TVCS may not extend the faith and credit of the Commission to any third person or entity. TVCS may not contractually bind the Commission with any third party. TVCS commits to keeping complete and accurate board meeting minutes and to making them available to the public. The Board shall have the full power and duty to manage and oversee the operation of the Corporation’s business. The Board responsibilities include but are not limited to: aiding in the business operations of the school including the procurement of funding monitoring and assessing the school’s compliance with the provisions of its charter under the Idaho Public Charter Schools Act holding meetings which follow the open meetings laws, keeping accurate minutes, and making the minutes available to the public meeting as necessary, with one meeting serving as the annual meeting of the corporation approve the selection of the Principal, who may not be one of its members, according to the bylaws of TVCS fiduciary responsibilities hearing and approving or disapproving the recommendations of the Principal with respect to changes in staffing, program, budget, curriculum, or instructional methods adjudicating disagreements between parents and the administration when necessary The Village Charter School recognizes the Principal as the key leader responsible for implementing institutional procedures and policies. In conjunction with the Board, the Principal is responsible for meeting the school’s vision, mission and core values as described in the authorized charter. The Principal is accountable to the Board and is critical in the development of curriculum and educational programs. The success of the school in implementing its charter and creating an atmosphere for standards-based learning is critical to the role of the Principal. The Board anticipates contracting with a Principal prior to the opening of...
Powers and Limitations. All the power and authority of the Authority shall be exercised by the Board, subject, however, to the provisions of this Agreement, the JPA Law, and the rights reserved by the parties as herein set forth.
Powers and Limitations. All of the powers of the Participating Agencies are reserved to them except to the extent powers are conferred on the Authority and the Board pursuant to this Agreement. Each Board member, or alternate in the absence of any voting member, shall be entitled to one (1) vote and, except as expressly provided in this Agreement, the affirmative vote of the majority of those present and qualified shall effect adoption of any motion, resolution, order or action the Board deems appropriate.
Powers and Limitations. All the power and authority of the Regional Authority will be exercised by the Board, subject however, to the rights reserved by the Members as herein set forth, provided, that the Board may delegate its powers and authority to the Executive Committee or the Executive Director. (RWA Joint Powers Agreement, para. 14, p. 7.)
Powers and Limitations. All powers of the Authority set forth in Section 2.4 are reserved to it and may be exercised by the Board, unless otherwise limited by law. The Board may adopt rules and regulations for the conduct of its affairs that are not in conflict with this Agreement.
Powers and Limitations. The following acts may be done only with the unanimous written consent of all the Partners:
(a) Borrow money in the Partnership's name;
(b) Acquire, by purchase, lease or otherwise, interests in real or personal property;
(c) Transfer, hypothecate, compromise or release any Partnership claim, except on payment in full or in the ordinary course of business;
(d) Sell, lease or hypothecate any Partnership property or enter into any contract for such purposes;
(e) Any act in contravention of this Agreement;
(f) Any act which would make it impossible to carry on the ordinary business of the Partnership;
(g) Confess a judgment against the Partnership;
(h) Possess Partnership property or assign a Partner's rights in specific Partnership property for other than a Partnership purpose;
(i) Admit a person as a Partner;
(j) Act on behalf of the Partnership, except to the extent that the ability to do so is delegated to the General Partner in this Agreement or by law; or
(k) Amend this Agreement; or
Powers and Limitations. The Participants hereby grant the Management Committee all authority, right and power to exercise the Management Committee Powers in accordance with the terms of this Agreement. No Participant shall have any right to exercise control or management powers over the Project solely by virtue of being a Party to this Agreement or having an Ownership Interest. The Management Committee may delegate certain Management Committee Powers, from time to time, to the Project Operator, provided, however, the Management Committee may not delegate to any other Person or authorize any other Person by contract or agreement to undertake any of the following actions on behalf of the Management Committee or the Participants unless expressly authorized by a Majority Vote: (i) approve any Material Budget Overrun, (ii) take a Material Project Action, (iii) make or submit applications for, amend or change or accept any conditions to Material Project Permits (but excepting ministerial and administrative actions undertaken in the ordinary course of the operation of the Project), (iv) select a Project Operator, or its replacement, (v) make or authorize any changes to the metes and bounds to or the nature of the rights or interest that comprise the Project Site except as otherwise authorized under this Agreement, (vi) act with respect to such other matters expressly reserved for Management Committee determination under this Agreement; and
Powers and Limitations. Legacy Public Charter School, Inc. will be a legally and operationally independent entity established by the nonprofit corporation’s Governing Board. The Governing Board will be legally accountable for the operation of the charter school. Legacy Public Charter School acknowledges that upon approval of the petition, the school’s Governing Board will be public agents required by its authorizer to oversee the school. Legacy Public Charter School commits to comply with all federal and state laws and rules and acknowledges its responsibility for identifying essential laws and regulations, and complying with them. The Governing Board will have the responsibility to approve the selection of the Administrator, who may not be one of its members. The Governing Board also will be responsible for hearing, and approving or disapproving, the recommendations of the Administrator with respect to changes in staffing, program or curriculum. The Governing Board will, when necessary, adjudicate disagreements between parents and the administration. Legacy Public Charter School commits to keeping complete and accurate Governing Board meeting minutes and to making them available to the public. We anticipate contracting with an Administrator prior to the opening of the school to assist in purchasing, recommending teacher applicants to the Governing Board for employment, school set-up, policy review, and student recruitment. A preliminary job description of the Administrator is included below. A more detailed description of the Administrator’s responsibilities in a Harbor Method School is identified in Harbor Essentials document in Appendix O. Responsibilities:
Powers and Limitations. For the purpose of carrying out its functions and duties under this Agreement, but subject to any express restrictions set out in this Agreement, the Manager has the powers of a natural person to deal with the Portfolio and to do all things and execute all documents necessary for the purpose of investing and managing the Portfolio (including, without limitation, entering into a Block-Booked Transaction), but the Manager must not knowingly do anything wliich the Manager is proliibited from doing by a Relevant Law and must not without the prior consent of the Trustee (which may be expressed in this Agi'eement):
(a) enter into or hold Derivative Contracts unless there are at all times, in the case of each contract, sufficient assets in the Portfolio to support the underlying liability of the Trustee under every such contract in the form of one or more of the following:
(i) assets of the kind required to be delivered under the contract;
(ii) other contracts or assets which substantially offset the underlying liability under the contract; and/or
(iii) cash or immediately realisable assets of sufficient value either to discharge the maximum contingent liability or effect an offset as described in (ii);
(b) except as disclosed in paragraph 4 of Schedule 1, delegate any of its discretionary management powers under this Agreement without the prior consent in writing of the Trustee;
(c) charge or encumber in any way (except where permitted by Relevant Law or other than as arises by lien in the ordinary course of business or by statutory charge) any asset in the Portfolio;
(d) perform any broking function in relation to the Portfolio without the prior consent in writing of the Trustee, but the Manager may on behalf of the Trustee appoint any broker to act on behalf of the Trustee in relation to the Portfolio provided the Manager uses reasonable care and diligence in:
(i) making the appointment; and
(ii) monitoring the capacity and performance of the broker,
(iii) and otherwise complies with its obligations under this Agreement in relation to such appointment; or
(e) participate in securities lending in relation to the Portfolio without the prior consent in writing ofthe Trustee.
