Powers of Officers Sample Clauses

Powers of Officers. (1) An officer may, for the purposes of enforcing this Act and the Code: (a) at any reasonable time of the day, enter and inspect a planted forest; and (b) require a rights holder to provide such information as the officer reasonably requires within 14 days after receiving a written notice requiring that information under subsection (2). (2) The information that can be required by an officer under paragraph (1)(b) must: (a) relate to matters that are reasonably connected with the administration of this Act or the Code; or (b) be information that is required for the purposes of determining whether this Act or the Code is being complied with. (3) To avoid doubt, commercially sensitive information cannot be required by an officer under subsection (2). (4) A rights holder who: (a) fails to provide the information required under subsection (2); or (b) fails to provide the information required within the required time without a reasonable excuse under subsection (1); or (c) provides information that is false or misleading in a material respect, commits an offence punishable on conviction to a fine not exceeding VT200,000.
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Powers of Officers. 9.1 The Officers will possess all of the general powers and rights of a Officers under the LLC law prevalent in the State of Florida including the power, in the Officers’ absolute discretion and on behalf of the LLC, to: 9.1.1 Sell, assign, convey, or transfer title to any portion of the LLC’s real and personal property; 9.1.2 Lease the LLC’s real or personal property; 9.1.3 Borrow money for the LLC; 9.1.4 Prepay, refinance, increase, or otherwise modify any mortgages affecting the LLC’s real or personal property; 9.1.5 Employ on fair terms and proper compensation persons, including Members and Officers, to operate and manage the LLC’s affairs, including real and personal property; 9.1.6 Set aside LLC capital or other funds for payment of past, current, and future liabilities of the LLC; 9.1.7 Unless otherwise provided, determine whether items of income, gain, loss, etc. will be treated as capital or extraordinary, or, alternatively, as profit or loss; 9.1.8 Select and open LLC bank accounts; 9.1.9 Retain an independent Public Accounting Firm to keep and audit books of accounts. These books will be open to reasonable inspection and examination by the Members and their representatives; 9.1.10 Oversee the LLC’s accountants who will prepare monthly, quarterly and annual financial reports. The Officers will promptly deliver to the Members reports of operations. 9.1.11 Execute, acknowledge, and deliver any and all instruments to effectuate any of the foregoing powers. 9.2 Remedent has first rights to purchase equity. No Officer will offer for sale any of his equity other than as an inducement to raise investment capital for the running of the business unless he first offers that equity to Remedent, NV. Should Remedent, NV or its authorized agents decline to purchase the equity, then the Officer shall be free to sell or trade his equity as he sees fit. 9.3 Each Member irrevocably constitutes and appoints the Officers his true and lawful attorney to make, execute, acknowledge, and file in his name, place, and sxxxx: 9.3.1 A Certificate of Limited Liability Company under applicable laws; 9.3.2 Any certificate or other instrument, including registrations or filings concerning the use of fictitious names and filings under the federal and state Securities Acts that may be required; 9.3.3 Documents required to effectuate the dissolution and termination of the LLC; and 9.3.4 Amendments and modifications of the instruments described above.
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Powers of Officers. An officer exercises the powers attached to his or her position. He or she also exercises all the powers which the Board can delegate to him or her. In the event an officer is unable to act, the powers of such officer are exercised by any other person designated by the Board.
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Powers of Officers. The officers of the Trust shall have such fiduciary responsibilities as may be delegated to or allocated among them by the Trustees under this Agreement and Declaration of Trust and shall have all powers reasonably incidental to the performance of such fiduciary responsibilities. Without limiting the generality of the foregoing, the officers of the Trust so designated (a) shall approve, on behalf of the Trustees, any Plan of Participation or amendment thereof pursuant to Article XV, and (b) may retain agents to perform any ministerial acts in connection with the operation and administration of the Trust and shall provide such agents with such framework of policies, rules, guidelines, interpretations, practices and procedures as they may deem necessary or desirable. The Trustees and officers of the Trust may rely upon any information, data, computations, statistics, reports or analyses supplied by any agents so designated.
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Powers of Officers. Subject to approval of the New Board, the officers of the Debtor, the Reorganized Debtor, and the Non-Debtor Subsidiaries, as the case may be, will have the power to enter into or execute any documents or agreements that they deem reasonable and appropriate to effectuate the terms of the Plan.
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Powers of Officers. The respective officers of the Condominium Association shall have such powers and duties as are from time to time prescribed by the Board and as are usually vested in such officers of an Illinois Not-For-Profit Corporation including without limitation, the following: (a) The President shall be the Chief Executive Officer of the Condominium Association and shall preside at all meetings of the Owners and at all meetings of the Board and shall execute amendments to the Condominium Declaration and these By- Laws, as provided for in the Act, the Condominium Declaration and these By-Laws; (b) The Vice President shall, in the absence or the disability of the President, perform the duties and exercise the powers of such office and other duties assigned by the Board. If neither the President nor the Vice President is able to act, the Board shall appoint some other member of the Board to act in the capacity of President on an interim basis; (c) The Secretary shall keep minutes of all meetings of the Owners and of the Board and shall have custody of the corporate seal of the Condominium Association and have charge of such other books, papers and documents as the Board may prescribe, and shall be responsible for giving and receiving all notices to be given to or by the Condominium Association under the Act, the Condominium Declaration or these By- Laws; (d) The Treasurer shall be responsible for Condominium Association funds and securities and for keeping full and accurate accounts of all receipts and disbursements in the Condominium Association books of accounts kept for such purpose. The Treasurer shall be responsible for the deposit of all moneys and other valuable effects in the name, and to the credit, of the Condominium Association in such depositories as may from time to time be designated by the Board.
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Powers of Officers. The Board of Directors shall have the authority to fix or limit the powers and authority of the officers of the Company to conduct transactions between the Company and other parties, contracts proposed to be entered into by or on behalf of the Company, and all other areas of business operation in which the officers of the Company may engage.
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Related to Powers of Officers

  • Powers of Board The directors may, at any time, with respect to a committee appointed under Articles 19.1 or 19.2: (1) revoke or alter the authority given to the committee, or override a decision made by the committee, except as to acts done before such revocation, alteration or overriding; (2) terminate the appointment of, or change the membership of, the committee; and (3) fill vacancies in the committee.

  • Duties of Officers Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.

  • Powers of Directors 28.1 Subject to the provisions of the Statute, the Memorandum and the Articles and to any directions given by Special Resolution, the business of the Company shall be managed by the Directors who may exercise all the powers of the Company. No alteration of the Memorandum or Articles and no such direction shall invalidate any prior act of the Directors which would have been valid if that alteration had not been made or that direction had not been given. A duly convened meeting of Directors at which a quorum is present may exercise all powers exercisable by the Directors. 28.2 All cheques, promissory notes, drafts, bills of exchange and other negotiable or transferable instruments and all receipts for monies paid to the Company shall be signed, drawn, accepted, endorsed or otherwise executed as the case may be in such manner as the Directors shall determine by resolution. 28.3 The Directors on behalf of the Company may pay a gratuity or pension or allowance on retirement to any Director who has held any other salaried office or place of profit with the Company or to his widow or dependants and may make contributions to any fund and pay premiums for the purchase or provision of any such gratuity, pension or allowance. 28.4 The Directors may exercise all the powers of the Company to borrow money and to mortgage or charge its undertaking, property and assets (present and future) and uncalled capital or any part thereof and to issue debentures, debenture stock, mortgages, bonds and other such securities whether outright or as security for any debt, liability or obligation of the Company or of any third party. 29 Appointment and Removal of Directors 29.1 Prior to the closing of a Business Combination, the Company may by Ordinary Resolution of the holders of the Class B Shares appoint any person to be a Director or may by Ordinary Resolution remove any Director. For the avoidance of doubt, prior to the closing of a Business Combination holders of Class A Shares shall have no right to vote on the appointment or removal of any Director. 29.2 The Directors may appoint any person to be a Director, either to fill a vacancy or as an additional Director provided that the appointment does not cause the number of Directors to exceed any number fixed by or in accordance with the Articles as the maximum number of Directors. 29.3 After the closing of a Business Combination, the Company may by Ordinary Resolution appoint any person to be a Director or may by Ordinary Resolution remove any Director. 29.4 Article 29.1 may only be amended by a Special Resolution passed by a majority of at least 90% of such members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of which notice specifying the intention to propose the resolution as a special resolution has been given, or by way of unanimous written resolution of all members.

  • Appointment of Officers The Board shall appoint the officers of the Corporation, except such officers as may be appointed in accordance with the provisions of Section 5.3 of these bylaws.

  • Election of Officers After their election the Managers shall meet and organize by electing a President from their own number, a Secretary and a Treasurer, and any other officers determined to be necessary by the Board, who may, but need not, be Managers. Any two or more of such offices, except those of President and Secretary, may be held by the same person.

  • Compensation of Officers The officers of the Corporation shall be entitled to receive such compensation for their services as shall from time to time be determined by the Board of Directors.

  • Powers of Members The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

  • Salaries and Fees of Officers The Manager shall pay all salaries, expenses, and fees of the officers and directors of the Corporation who are affiliated with the Manager.

  • Powers of Trustees Subject to the provisions of this Declaration of Trust, the business of the Trust shall be managed by the Trustees, and they shall have all powers necessary or convenient to carry out that responsibility and the purpose of the Trust. Without limiting the foregoing, the Trustees may adopt By-Laws not inconsistent with this Declaration of Trust providing for the conduct of the business and affairs of the Trust and may amend and repeal them to the extent that such By-Laws do not reserve that right to the Shareholders; they may as they consider appropriate elect and remove officers and appoint and terminate agents and consultants and hire and terminate employees, any one or more of the foregoing of whom may be a Trustee, and may provide for the compensation of all of the foregoing; they may appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including without implied limitation an executive committee, which may, when the Trustees are not in session and subject to the 1940 Act, exercise some or all of the power and authority of the Trustees as the Trustees may determine; in accordance with Section 3.3 they may employ one or more advisers, administrators, depositories and custodians and may authorize any depository or custodian to employ subcustodians or agents and to deposit all or any part of such assets in a system or systems for the central handling of securities and debt instruments, retain transfer, dividend, accounting or Shareholder servicing agents or any of the foregoing, provide for the distribution of Shares by the Trust through one or more distributors, principal underwriters or otherwise, set record dates or times for the determination of Shareholders or certain of them with respect to various matters; they may compensate or provide for the compensation of the Trustees, officers, advisers, administrators, custodians, other agents, consultants and employees of the Trust or the Trustees on such terms as they deem appropriate; and in general they may delegate to any officer of the Trust, to any committee of the Trustees and to any employee, adviser, administrator, distributor, principal underwriter, depository, custodian, transfer and dividend disbursing agent, or any other agent or consultant of the Trust such authority, powers, functions and duties as they consider desirable or appropriate for the conduct of the business and affairs of the Trust, including without implied limitation the power and authority to act in the name of the Trust and of the Trustees, to sign documents and to act as attorney-in-fact for the Trustees. Without limiting the foregoing and to the extent not inconsistent with the 1940 Act or other applicable law, the Trustees shall have power and authority:

  • Powers of the Board The Board shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise. Subject to the other provisions of this Agreement, the Board shall have the authority, on behalf of the Company, to do all things necessary or appropriate for the accomplishment of the purposes of the Company. Subject to the other provisions of this Agreement, the Board shall have full power to act for and to bind the Company to the extent provided by Delaware law.

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