Providing Management Services Sample Clauses
The 'Providing Management Services' clause defines the responsibilities and scope of services that a party, typically a management company or agent, will deliver to another party, such as overseeing operations, handling administrative tasks, or supervising staff. This clause often outlines the specific types of management activities covered, the standards to be maintained, and any limitations or exclusions to the services provided. Its core function is to clearly delineate the management provider’s duties and obligations, ensuring both parties understand what services will be rendered and reducing the risk of disputes over expectations or performance.
Providing Management Services. 4.1. As of November 1, 2009, (hereinafter: “Commencement Date of Providing Services”) D Medical provided and will provide to Nilimedix the Management Services. D Medical is providing and will provide the Management Services in dedication and efficiency and in a professional manner. Without derogating form the generality of the aforesaid, the Management Services shall include, among others:
4.1.1. Management Services through the chief executive officer of D Medical;
4.1.2. Financial services through the chief financial officer of D Medical;
4.1.3. Business development services through the business development officer of D Medical;
4.1.4. Office space to the abovementioned employees in D Medical’s offices in Ramat Gan;
4.1.5. Participation in current expenses and ancillary services.