Responsibilities and Authorities Sample Clauses

Responsibilities and Authorities. 1. Directs and coordinates the administration of policies and programs approved by the Board of Directors, and assures conformity and compliance with the intent of the directors’ decisions. 2. Is responsible for determining basic operational procedures that are in accordance with board decisions, and assures that operations of the Cooperative are carried out in a manner advantageous to the membership so as to gain member understanding and support. 3. Is responsible for preparation of agenda for and reports to be made at meetings of the Board of Directors. Presents to the directors the operational and financial reports, and reports on the effectiveness of various programs and over-all operations. 4. Keeps the board fully informed of actions taken or decisions reached in areas relevant to board consideration even though specific board action may not be required. 5. Is responsible for the effective and efficient operation of all activities within the Cooperative including, but not limited to, the following:
Sample 1Sample 2
AutoNDA by SimpleDocs
Responsibilities and Authorities. The RRPC shall be responsible for reviewing and commenting on the annual work plans and progress reports developed by each of the forums, and for reviewing the progress made in implementing the Comprehensive Plan. The RRPC shall serve as the policy-level forum for discussion and resolution of issues and problems that may arise during implementation of this Agreement, including (a) issues that cannot be resolved within the context of a forum; (b) issues arising outside the context of a specific forum; and (c) issues related to coordination with the HCP Policy Committee regarding actions that could have an impact on Plan Species and HCP Agreement programs. The RRPC’s role in resolving disputes is provided in Section 17 of this Agreement.
Sample 1Sample 2
Responsibilities and Authorities. MDF as the Executing Agency of the Project will bear the overall responsibility of ensuring full compliance of the Project with the environmental regulations and policies of Georgia and ADB. This includes (i) conducting preliminary environmental assessment including environmental categorization and screening,
Sample 1
Responsibilities and Authorities. 5.1 The Company reserves the right to accept or decline any new proposal for insurance, renewal of existing business or continuation of cover in respect of any existing Insurance business. 5.2 The Intermediary will always act in their Client’s best interests and comply with the rules on suitability and ensure all communications with Client’s are clear, fair and not misleading in compliance with the FCA Rules. 5.3 The Intermediary will ensure that all communications from or to the Client and all information submitted to The Company are accurate and where applicable, issued in accordance with the Client’s wishes and instructions. 5.4 The Intermediary will ensure that Clients’ are advised in accordance with The Insurance Act 2015 where it applies to their policy or potential cover including the duty of the insured to make a fair presentation of risk, duty to take reasonable care not to make misrepresentation and the consequences of misrepresentation or non-disclosure (whether deliberate or reckless or not) and the consequences of the breach of any warranties, conditions, subjectivities, clauses, endorsements or policy limitations. 5.5 The Intermediary is responsible as agent of the Client to ensure that the Client is aware of the need to inform The Company immediately of any changes to any information supplies either before cover is arrange, or during the course of the insurance Policy. 5.6 The Intermediary must disclose to the Company or insurers, before the insurance contract is concluded or at any other time when providing information as required by the insurance Policy or when making a claim, all information, fact or circumstances which is, known to the Intermediary and has been advised by the Client in the ordinary course of business and which is material to the risk. All information, and every fact or circumstance is material if a prudent insurer would have reasonably taken it into account in considering the risk. If in any doubt whether information is material, it should be disclosed as failure to do so might lead to the Policy being avoided by Insurers. 5.7 The Company will present quotation(s) accurately reflecting the terms offered by Underwriters. The quotation may not reflect the scope and type of coverage originally requested by the Intermediary. 5.8 The Intermediary will be responsible for ensuring the terms of the quotation(s) meet the demands and needs of the Client and are presented to the Client accurately reflecting the terms of the quotati...
Sample 1
Responsibilities and Authorities. 4.1. Local Health Authorities shall be responsible to: 4.1.1. Identify to the Contractor the detailed service requirements and respond to questions from the Contractor; 4.1.2. Report regularly to the Contractor on services being provided through this contract and report any dissatisfaction; 4.1.3. At no time is the local authority to intentionally discuss Provider Costs, including benefits or other terms and conditions directly with service providers: 4.
Sample 1
Responsibilities and Authorities. Nations and First Nations 4.1. Each Nation and First Nation will implement this Protocol in accordance with its provisions. a) undertake regional strategic planning related to land and resources, including shared decision-making, revenue sharing and economic initiatives;
Sample 1
Responsibilities and Authorities. 2.1. Deputy Assistant Secretary of the Air Force Installations, (SAF/IEI), is responsible for policy and oversight for the Air Force's installation programs and is the approval authority for Airport Joint Use Agreements (AJUAs). All negotiated agreements must be submitted in writing to SAF/IEI for approval prior to signature by the concerned parties 2.2. Air Force General Counsel, (SAF/GCN) will be a coordinating office on negotiated agreements to ensure they are legally sufficient prior to approval by SAF/IEI. 2.3. The Air National Guard Civil Engineer, (ANG/CE) is responsible for negotiation of agreements where a based ANG unit is the host. Negotiations will be coordinated with all other military units assigned at or operating from the location. Authority to negotiate agreements and renewals will not be delegated to the field unit. 2.4. United States Property and Fiscal Officer (USPFO), will act in a advisory role during negotiations for ANG and Army National Guard units, but will have no authority to conduct negotiations or agree to terms and conditions for the AJUA.
Sample 1
AutoNDA by SimpleDocs

Related to Responsibilities and Authorities

  • Duties and Authority Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company, with those authorities, duties and responsibilities customary to that position and such other authorities, duties and responsibilities as the Board of Directors of Parent (the "Board") or the Company's President and Chief Executive Officer may reasonably assign the Executive from time to time. The Executive shall use his best efforts, including the highest standards of professional competence and integrity, and shall devote substantially all his business time and effort, in and to his employment hereunder, and shall not engage in any other business activity which would conflict with the rendition of his services hereunder, except that the Executive may hold directorships or related positions in charitable, educational or not-for-profit organizations, or directorships in business organizations if approved by the President and Chief Executive Officer, and make passive investments, which do not interfere with the Executive's day-to-day acquittal of his responsibilities to the Company.

  • Duties and Authority of Officers Except as modified by the Governance Board, the duties and authorities of the Officers are as set forth in Schedule 8.2.

  • Appointment and Authority (a) Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. (b) The Administrative Agent shall also act as the “collateral agent” under the Loan Documents, and each of the Lenders (including in its capacities as a potential Hedge Bank) and the L/C Issuer hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of such Lender and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent, shall be entitled to the benefits of all provisions of this Article IX and Article XI (including Section 11.04(c), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect thereto.

  • Appointment and Authorization Each Lender hereby designates and appoints the Agent and the Collateral Agent (collectively, the “Appointed Agents”) as its agents under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes each Appointed Agent, in its respective capacity, to take such action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Each Appointed Agent agrees to act as such on the express conditions contained in this Article XIII. The provisions of this Article XIII (other than Sections 13.9, 13.10(a) and 13.10(b)) are solely for the benefit of the Appointed Agents and the Lenders, and the Borrower shall have no rights as third party beneficiaries of any of the provisions contained herein. Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document, each Appointed Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor shall any Appointed Agent have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against any Appointed Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Agreement with reference to any Appointed Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties. Except as expressly otherwise provided in this Agreement, each Appointed Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions which such Appointed Agent is expressly entitled to take or assert under this Agreement and the other Loan Documents, including (a) the determination of the applicability of ineligibility criteria with respect to the calculation of the Borrowing Base, (b) the making of Agent Advances pursuant to Section 2.4(g) and (c) the exercise of remedies pursuant to Section 10.2, and any action so taken or not taken shall be deemed consented to by the Lenders.

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Approvals and Authorizations Maintain all authorizations, consents, approvals and licenses from, exemptions of, and filings and registrations with, each Governmental Authority of the jurisdiction in which each Foreign Obligor is organized and existing, and all approvals and consents of each other Person in such jurisdiction, in each case that are required in connection with the Loan Documents.

  • Responsibilities and Duties (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Bank and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Bank or as may be set forth in the bylaws of the Bank. The Executive shall report directly to the board of directors of the Bank. (b) During the period of his employment hereunder, except for reasonable periods of absence occasioned by illness, reasonable vacation periods, and other reasonable leaves of absence approved by the board of directors of the Bank, the Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by the board of directors. Notwithstanding the preceding sentence, subject to the approval of the board of directors, the Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case the service shall not materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any of its affiliates, or present any conflict of interest. Nothing in this Section 1.2 shall prevent the Executive from managing personal investments and affairs, provided that doing so also does not interfere with the proper performance of the Executive’s duties and responsibilities under this Agreement.

  • Legal Power and Authority It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.

  • Status and Authority (i) The Borrower is a non-profit corporation duly organized, existing and in good standing under the laws of North Carolina, (ii) its articles of incorporation and any certificates of assumed or business name have been delivered to the City and are in full force and effect and have not been amended or changed, (iii) no proceeding is pending, planned or threatened for the dissolution, termination or annulment of it, (iv) all articles of incorporation and of assumed or business name required to be filed have been duly filed and it has complied with all other conditions prerequisite to its doing business in North Carolina, (v) it has the power, authority and legal right to carry on the business now being conducted by it and to engage in transactions contemplated by the Loan Documents, and (vi) all necessary corporate actions of it have been duly taken.

  • Authorization and Authority Each Lender hereby irrevocably appoints Citibank, N.A. to act on its behalf as the Agent hereunder and under the Notes and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Agent and the Lenders, and the Borrowers shall have no rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein (or any other similar term) with reference to the Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!