Powers of the Executive Committee. Unless otherwise provided by resolution of the Board of Trustees, the Executive Committee shall have and may exercise all powers of the Board of Trustees in the management of the business and affairs of the Trust that may lawfully be exercised by an executive committee, except the power to recommend to shareholders any matter requiring shareholder approval, amend the Declaration of Trust or By-Laws, or approve any merger or share exchange that does not require shareholder approval.
Powers of the Executive Committee. Without limiting the generality of Section 5.1, but subject to the express limitations set forth elsewhere in this Agreement, the Executive Committee shall have all necessary powers to manage and carry out the purposes, business, property, and affairs of the Company, including, without limitation, to exercise the rights of the Company under the Exchange Agreement and Tax Receivable Agreement as contemplated by such agreements without reference to the Members, except as contemplated by Section 7.7 hereof.
Powers of the Executive Committee. The BETA Council may delegate to the Executive Committee such powers as the BETA Council deems appropriate.
Powers of the Executive Committee. 24.1 General power: Subject as otherwise provided in this Agreement, the Executive Committee shall, as between itself and the Pool Members in general meeting, exercise overall supervision of the Settlement System and its operations.
Powers of the Executive Committee.
(a) The Executive Committee shall determine and select joint protection programs for the Authority including adoption of language of the Memoranda of Coverage and any limitations or endorsements to such Memoranda.
(b) The Executive Committee shall determine and select all insurance necessary to carry out the joint protection programs of the Authority.
(c) The Executive Committee shall have the authority to approve membership in the Authority and Member participation in one or more joint protection programs in accordance with Articles 22 and 23.
(d) The Executive Committee shall have the authority to cancel Member participation in one or more joint protection programs in accordance with Articles 26 and 28.
(e) The Executive Committee shall develop the operating budget of the Authority.
(f) The Executive Committee shall have authority to contract for or develop various services for the Authority, including, but not limited to, claims adjusting, loss control, and risk management consulting services.
(g) The Executive Committee shall receive and act upon reports of the Advisory Committees and the Chief Executive Officer.
(h) The Executive Committee shall appoint the Treasurer and Chief Executive Officer of the Authority.
(i) The Executive Committee shall have the power to hire such persons as the Executive Committee deems necessary for the administration of the Authority.
(j) The Executive Committee shall have the general supervisory and policy control over the day-to-day decisions and administrative activities of the Chief Executive Officer of the Authority.
(k) The Executive Committee shall have such other powers and functions as are provided for in this Agreement or as delegated by the Board of Directors, including the power to create committees it deems necessary.
Powers of the Executive Committee. (a) The Executive Committee will hold meetings only if all four members are able to attend physically. Presence by proxy shall not be permitted,
(d) recommend the policy related to the bank accounts of GCN or the payments on behalf of GCN, it being understood that signing powers should be delegated on the principle of double signature, where the signature of the Chief Financial Officer & Administrative Manager (or an employee of the treasury department of GCN to whom his powers have been delegated) will always be required. Further, any debit in excess of:
i. US$6,000 for an airport with traffic below 0.5 million PAX in the year preceding the year in which the debit is made and for any expenses of the Holding Company or the Service Company, ii. US$15,000 for an airport with traffic comprised between 0.5 million and 1 million PAX in the year preceding the year in which the debit is made,
Powers of the Executive Committee. The collaboration between Bayer, Onyx, and their respective Affiliates under this Agreement shall be managed by the Executive Committee in a manner that is consistent with the Guiding Principles and strategic direction provided by the Alliance Steering Committee. The EC shall have responsibility for the matters described in this Agreement together with responsibility for reviewing the Parties’ progress (including with respect to filings for Regulatory Approval and supplements thereto) and comparing it with the applicable plan; responsibility for discussing new data and competitive threats; responsibility for reviewing (but not approving) the annual development and marketing plan (including the budget therefor) and lifecycle plan for developing and commercializing the Products; provided that the Bayer representative to the EC shall have the deciding vote at the EC to resolve any dispute within the EC’s authority to the extent relating to the Product. Promptly following Bayer’s submission of an annual development or marketing plan to its senior management, Bayer will present each such plan to the EC in a level of detail suitable for Onyx to understand and provide comments upon the global plan for the Product. Bayer will provide the [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. EC with the following information for the Product for top markets and the regions to the extent reasonable and extractable from standard systems and templates and within Bayer’s Control and any additional information reasonably requested by Onyx’s EC representatives for the purpose of evaluating any marketing plan:
(i) Actual year-to-date gross sales and Net Sales, commercial costs and margin, both globally and by top markets in Euros;
(ii) Final forecast for current year sales, commercial costs and margin;
(iii) Estimated ex-US sales, commercial costs and commercial margin plan figures;
(iv) manufacturer selling price (MSP) by country in preceding year;
(v) marketing costs (internal and external) and advertising & promotion costs for top markets and regions;
(vi) available market research data on patient penetration, duration of therapy, and market share in comparison with other products in the same therapeutic space;
(vii) overall strategy for global business for the Product; and
(viii) ...
Powers of the Executive Committee. The Executive Committee shall participate in the management and operation of GCN subject to the powers of the Board of SETA, the Board of GCN or the Board of any of the Subsidiaries, as the case may be. The Executive Committee shall have the following powers:
(a) together with the Operating Committee, recommend the appointment or the dismissal of employees of GCN other than those that are to be appointed by the shareholders of SETA pursuant to Clause 3.2.4(b). The Officers of the Executive Committee shall agree on a common view with respect to any appointment prior to expressing such view as members of the Operating Committee and making any proposal to the Nominations and Compensations Committee;
(b) together with the Operating Committee, determine the level of the remuneration of the employees referred in (a) above pursuant to Section 2.4.1 of the Administrative Services Rendering Agreement, but subject to the general wages and benefits policy approved by the Board of SETA pursuant to Clause 3.2.4 (d) hereof;
(c) recommend the policy related to the bank accounts of GCN or the payments on behalf of GCN, it being understood that signing powers should be delegated on the principle of double signature, where the signature of the Chief Financial Officer & Administrative Manager (or of an employee of the treasury department of GCN to whom his powers have been delegated) will always be required. Further, any debit in excess of:
i. US$2,000 for an airport with traffic below 0.5 million PAX in the year preceding the year in which the debit is made and for any expense of the Holding Company or the Service Company, ii. US$5,000 for an airport with traffic comprised between 0.5 million and 1 million PAX in the year preceding the year in which the debit is made,
Powers of the Executive Committee. The Executive Committee shall have the following powers:
(a) The Executive Committee shall determine details of and select the joint protection program or programs of the Authority.
(b) The Executive Committee shall determine and select all insurance, including excess insurance and reinsurance, necessary to carry out the joint protection program or programs of the Authority.
(c) The Executive Committee shall have authority to contract for or develop various services for the Authority, including, but not limited to, claims adjusting, loss control and risk management consulting.
(d) The Executive Committee shall cause to be prepared the operating budget of the Authority for each fiscal year, subject to review, modification and approval by the Board, as provided for in Article 8 (c).
(e) The Executive Committee shall receive and act upon reports of all other committees and from the Chief Executive Officer.
(f) The Executive Committee shall appoint the President, Vice President, Chief Executive Officer, Secretary, Treasurer, and Auditor/Controller of the Authority.
(g) The Executive Committee shall have the authority to engage, retain, and discharge persons, firms, or other organizations as the Executive Committee deems necessary for the administration of the Authority. The Executive Committee may delegate this authority to the Chief Executive Officer of the Authority.
(h) The Executive Committee shall exercise general supervisory control of and provide policy to the Chief Executive Officer.
(i) Additional committees and sub-committees shall be established by the Executive Committee as it deems necessary to best serve the interests of the Authority.
(j) The Executive Committee shall have such other powers and functions as are provided for pursuant to this Agreement.
Powers of the Executive Committee. The CITY and the member cities delegate to the Executive Committee the power to intervene on behalf of ACSC member cities in gas projects, rulemaking, rate case, and related dockets and appeals thereof, represent the interests of cities in utility matters before state and federal legislative bodies and to pay for such activities. A member city may subsequently request and cause its party status to be withdrawn from such activities. The Executive Committee shall fix the amount of the membership fee from time to time.
