Respective Responsibilities of Directors, Management and Auditors Sample Clauses

Respective Responsibilities of Directors, Management and Auditors. The directors and/or management are responsible for preparing the Official Past Use Report in accordance with the terms of the License Agreement, so as to set out completely and accurately the information required to be reported under the License Agreement for the period [insert Date] through [insert Date]. Our responsibility is to express an opinion on the completeness and accuracy of the Official Past Use Report based on our audit of Licensee Owner’s (and/or its Registered Affiliates’) books and records and other aspects of its manufacturing and distribution operations. This audit statement is intended for use by the Board of Directors and Management of Licensee for the purpose of its reporting requirements under the License Agreement, and therefore may only be made available by Licensee to Licensing Company (and Licensee’s Affiliates) as defined in the License Agreement. We consent to such distribution on the understanding that under no circumstances shall we accept any liability or responsibility to Licensing Company (or its Affiliates), or to any other party to whom our report is made available, whether or not intentionally and whether or not by Licensee or Licensing Company (or either of their Affiliates). This audit statement may not be made available to any other party without our prior written consent.
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Respective Responsibilities of Directors, Management and Auditors. Reference Copy The directors and/or management are responsible for preparing the Official Past Use Report in accordance with the terms of the Past Use Agreement, so as to set out completely and accurately the information required to be reported under the Past Use Agreement for the period [insert Date] through [insert Date]. Our responsibility is to express an opinion on the completeness and accuracy of the Official Past Use Report based on our audit of Brand Owner’s (and/or its Registered Affiliates’) books and records and other aspects of its manufacturing and distribution operations. This audit statement is intended for use by the board of directors and management of Brand Owner for the purpose of its reporting requirements under the Past Use Agreement, and therefore may only be made available by Brand Owner to Licensing Company (and its Affiliates) as defined in the Past Use Agreement. We consent to such distribution on the understanding that under no circumstances shall we accept any liability or responsibility to Licensing Company (or its Affiliates), or to any other party to whom our report is made available, whether or not intentionally and whether or not by Brand Owner or Licensing Company (or either of their Affiliates). This audit statement may not be made available to any other party without our prior written consent.
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Related to Respective Responsibilities of Directors, Management and Auditors

  • Responsibilities of Committee The Committee shall not have jurisdiction over wages or any other matter of collective bargaining, including the administration of this Agreement. The Committee shall not supersede the activities of any other committee of the Union or of the Employer and shall not have the power to bind either the Union or its members or the Employer to any decisions or conclusions reached in their discussions. The Committee shall have the power to make recommendations to the Union and the Employer on the following general matters:

  • Administrative Responsibilities With respect to each Trust Fund, the Administrator (on behalf of the Trustee) shall hold and administer, or supervise the administration of, the REMIC Pools and MACR Pools in a manner consistent with and to the extent required by standards of prudence and in substantially the same manner as the Administrator holds and administers assets of the same or similar type held for its own account. In performing its responsibilities hereunder, the Administrator may employ independent contractors or agents. Except as provided in Articles VI, VII and VIII and Sections 9.05 and 9.06 of this Agreement, the Administrator shall not be subject to the control of Holders in any manner whatsoever in the discharge of its responsibilities pursuant to this Agreement. Except with regard to its indemnities under Sections 2.05 and 9.01, the Administrator shall have no liability to any Holder other than for any direct damage resulting from the Administrator’s failure to exercise that degree of ordinary care which it exercises in the conduct and management of its own affairs. In no event shall the Administrator have any liability of any nature for consequential damages. Nothing in this Section shall relieve Xxxxxxx Mac, in its capacity as Guarantor, of its guarantee obligation pursuant to Section 4.06.

  • Board of Trustees’ Responsibilities 5.2.1 The Board of Trustees will be responsible for the operational and financial sustainability of the Trust, including:

  • Employer Responsibilities Recognizing the inherent risk(s) in a correctional setting, the Employer is obligated to provide a safe workplace and to educate employees on proper safety procedures and use of protective and safety equipment. The Employer is committed to responding to legitimate safety concerns raised by the Union and employees. The Employer will comply with federal and state safety standards, including requirements relating to first aid training, first aid equipment and the use of protective devices and equipment.

  • DIRECTORS’ RESPONSIBILITY STATEMENT The Directors collectively and individually accept full responsibility for the accuracy of the information given in this announcement and confirm after making all reasonable enquiries that, to the best of their knowledge and belief, this announcement constitutes full and true disclosure of all material facts about the Proposed Acquisition, the Company and its subsidiaries, and the Directors are not aware of any facts the omission of which would make any statement in this announcement misleading. Where information in this announcement has been extracted from published or otherwise publicly available sources or obtained from a named source, the sole responsibility of the Directors has been to ensure that such information has been accurately and correctly extracted from those sources and/or reproduced in this announcement in its proper form and context.

  • Duties of the Committee The Committee will be responsible for developing recommendations based on consensus (agreement and/or abstinence constitutes consensus) for the CAAT retirees' group insurance plans. The duties of the Committee are to:

  • Member Responsibilities The Member’s responsibilities shall include, but are not limited to:

  • RESPONSIBILITIES OF CITY City or its representative shall issue all communications to Contractor. City has the authority to request changes in the work in accordance with the terms of this Agreement and with the terms in Exhibit A – Scope of Work. City has the authority to stop work or to suspend any work.

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