Rights and Obligations of the Board Sample Clauses

Rights and Obligations of the Board. County 1) The Board may provide technical, financial and other support to the Provider to enable the Provider meet its obligations under this Agreement, particularly with regard to asset management and development, the obligation to provide water services efficiently and economically to all the residents within its area of supply and to upgrade the services as agreed between the parties. 2) The Board will be obligated to monitor the performance of the Provider in line with performance targets laid out in this agreement And ensure corrective action is taken 3) In the event of a force majeure type of event (such as riots, floods, earthquake) the Board will provide the necessary support to ensure continuity of service. 4) The Board shall ensure that the provider complies with the water service regulations set up by the Board under section 73 of the Act.
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Rights and Obligations of the Board. 1.1 The Board shall be obligated and responsible to release the budget as approved in the Project. 1.2 The first Installment of the budget shall be released by the Board within one month from the date of signing the Agreement. 1.3 The second and ensuing Installment(s) shall be made on bi-annual basis within one month after submission of the satisfactory progress report by the Project Manager on due dates. 1.4 The Chief Executive (on behalf of the Board) shall have the unconditional rights to retain or withhold any payment of the budget or part thereof or even terminate the project where anyone or more of the following circumstances exist. The action taken shall be informed to the Board in forthcoming meeting:- (a) The PM/TL charges any of the PARB funded activity from another funding source. (b) The Project Manager fails to provide satisfactory progress report on due date(s). (c) The Project fails to achieve its milestone(s) by the due date(s) as reported by the Monitoring and Evaluation Division of PARB. (d) The Misuse of budget by the Project Manager/Team Leader(s) for any of the following reasons:- (i) expenditures not stated in the Budget details and for which prior written approval had not been obtained from the Competent Authority; (ii) Diversion of budget from one head to another head in excess of Rs. 50,000/- in a year without prior written consent of the Board; (iii) Failure to disburse budget to the collaborating institution(s) as agreed in the project. (e) the Host/Collaborating Organization(s) fails to designate a replacement of the Project Manager/Team Leader/scientist(s) working for the project who resigns, transferred, dies or retires from the Institution. (f) Any other unforeseen reason where it is not possible for the Board to continue funding the project. 1.5 The Chief Executive (CE) shall have the right to terminate the authority of the Project Manager to manage the Project, provided that the CE receives information or is notified that the Project Manager is unable for any reasons whatsoever to perform his/her functions. The CE shall have the right to find the suitable replacement for the Project Manager who shall be recommended by the Host Organization. The action taken shall be informed to the Board later on. 1.6 If performance of any project or its component or any activity of the project is found unsatisfactory, the Board shall have the authority to terminate or transfer that project, component or activity to other institution or org...
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Rights and Obligations of the Board. ‌ Section 1. The Board is not required to meet and negotiate on matters of inherent managerial policy, which include, but are not limited to, such areas of discretion or policy as the functions, educational policies, and programs of the Board, its overall budget, utilization of technology, the organizational structure and selection and direction and number of personnel. Section 2. The Board has an obligation to meet and negotiate in good faith with the exclusive representative of the teachers in an appropriate unit regarding grievance procedures and the terms and conditions of employment, but such obligation does not compel the Board or its representative to agree to a proposal or require the making of a concession. Section 3. The Board has the obligation to meet and confer with teachers to discuss policies and those matters relating to their employment not included under the PELRA. Section 4. The Board shall not meet and negotiate or meet and confer with any teacher or group of teachers who are at the time designated as a member or part of an appropriate teacher unit except through the exclusive representative if one is certified for that unit or as provided for in the PELRA. Section 5. The Board shall have the right to petition the director for arbitration under the PELRA; provided the exclusive representative or the Board has first petitioned the director for mediation services as are available under the PELRA. Section 6. The Board may hire and pay for arbitrators desired by the provisions of the PELRA. Section 7. All provisions of this Agreement are subject to the laws of the State of Minnesota, Federal laws, valid Rules and Regulations of the State Board of Education, and rules, regulations and orders of State and Federal governmental agencies. Any provisions of this Agreement herein found to be in violation of any such laws, rules, regulations or orders shall be null and void and without force and effect. This section does not incorporate federal and Minnesota law or applicable federal and state agency rules by reference into this Agreement. Section 8. The Board has the duty to efficiently manage the Cooperative. The primary obligation of the Cooperative is to provide students with the opportunity for an education. The enumeration of rights and duties in this Article do not exclude the inherent managerial rights and functions not expressly reserved herein.
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Rights and Obligations of the Board a) Tuition: (i) No tuition will be charged by the College to the Board or to the students enrolled in the School. (ii) Students enrolled in the School will also be academically enrolled for credits in the College and will take a minimum of one College course per term. b) The Board shall provide the curriculum for students enrolled in high school courses at the School, and shall assure that students enrolled at the School have the opportunity to fulfill all academic requirements for graduation from high school. c) The Board shall employ and provide qualified faculty for high school courses at the School, a qualified principal for the School, and qualified administrative personnel sufficient to staff the operations of the School without claim for any reimbursement or set off from the College. d) The Board shall fund the purchase of textbooks for students enrolled in college- level courses at the school. These textbooks shall remain the property of the Board. The Board shall also provide textbooks for students enrolled in high school courses at the School. These textbooks shall also remain property of the Board. The Board shall also purchase all laboratory materials necessary for students enrolled in college-level and/or high school courses. e) If charged to College faculty, staff and students, the Schools’ faculty, staff and students enrolled in the School shall be responsible for obtaining and paying for any vehicle parking privilege or permit issued by the College. f) Any computer equipment provided for the School by the Board will remain the property of the Board. g) Any and all equipment, textbooks, materials, etc. that the Board and/or School may borrow from the College shall remain the property of the College and shall be returned to the College in a timely fashion unless otherwise agreed to in writing by the parties. h) The College shall be responsible for all standard insurance coverage as it relates to the physical plant and programs owned and operated by the College. i) The Board shall pay the College the reasonable value for any damages to the College’s building facilities and surrounding grounds that may result from actions of the School’s students and/or the School’s staff and faculty members. j) The Board shall admit and maintain a regularly enrolled body of students at the School with a minimum enrollment of 30 students and a maximum enrollment of 100 students per year.
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Rights and Obligations of the Board. 3.1 The Board shall be responsible to the Sponsor and the federal government for the operation of the School in accordance with the Charter, the Community School Law and all applicable federal and state laws and regulations, except such waivers and exemptions that are from time to time approved in accordance with the law. The Board, with the management assistance of the Education Provider as set forth in this Agreement, shall comply with the provisions of law regulation student admissions, student records, access to equal educational opportunities, School year and School day requirements, special education, food service, transportation, student testing and state and federal health and safety laws and regulations. 3.2 The Board has the obligation to comply with the provisions of and maintain the Charter for establishment of the School. It shall do and cause to be done all things necessary to ensure that all conditions imposed by the Sponsor in connection with the Charter are fulfilled at all times. Notwithstanding the foregoing, however, the Board has retained the Education Provider to assist it with carrying out its rights and obligations, including maintaining the Charter, complying with all applicable provisions of law, and addressing complaints regarding the School’s or the Education Provider’s operation from any person or entity. 3.3 If any agent of the Board receives a written complaint regarding any alleged material deficiency in any aspect of the Board’s or the Education Provider’s operations from any person or entity, or if the Board is notified by the Sponsor or any other governmental authority that the Board or the Education Provider is or may be in material violation of the Community School Law or any other applicable law or regulation (all of the foregoing collectively referred to as “Potential Violations”), then the Board shall immediately notify the Education Provider of Potential Violations. Conversely, if the Education Provider is first notified in writing of Potential Violations by any person or entity, it shall promptly notify the Board of such Potential Violations and the actions it intends to take to address the Potential Violations. Upon receiving notice from any source of a potential violation, the Education Provider shall conduct a thorough investigation to determine whether or not the claimed violation in fact exists. The Board shall reasonably cooperate with the Education Provider in the Education Provider’s investigation of such P...
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Rights and Obligations of the Board 
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Related to Rights and Obligations of the Board

  • Rights and Obligations of the Parties 5.2.1. The client is obliged to: 5.2.1.1. Check for an SMS at the moment of issuance of a card, by which means they will receive a pin code, or check the integrity of the envelope in which the pin code is given; 5.2.1.2. Regularly review and abide by card usage and security regulations developed by the Bank, and not allow disclosure of the card and/or pin-code to the third persons; 5.2.1.3. Reimburse those bank expenses which are related to additional service costs of VISA and Mastercard (if any); 5.2.1.4. Use the card to pay the Bank any commission fee related to card servicing (producing, renewal, including in the international stop-list, etc.) and processing card transactions consistent with the tariff established by the Bank and/or international payment systems; 5.2.1.5. Perform transactions on the card account only within the limits of the available balance. The Bank shall impose a penalty on an intentionally or erroneously overspent amount in excess of the available balance according to the tariff established by the Bank for each day of using the surcharge amount; 5.2.1.6. Promptly fill surcharged amount; 5.2.1.7. Promptly notify the Bank about loss of the card; 5.2.1.8. Shall process card payment transaction in the internet only through the web pages having secure payment certifications (web pages where MasterCard SecureCode or Verified by VISA logos are depicted, allowing for making payment with 3D security code). The bank shall bear no responsibility for the transactions of the client made at the web-pages having no secure payment certifications. 5.2.2. The client is authorized to: 5.2.2.1. At any time obtain information on transactions held at the card account and request statements reflecting such transactions. The client is authorized to become familiar with the transactions made at the card accounts in the internet banking and/or address JSC “Pasha Bank Georgia” telephone services center – contact center and/or any branch of the bank to obtain such information. Card transactions statements shall be issued in a form requested by the client in the timelines established by the bank, however no later than 2 (two) banking days after the request of the client has been made. The bank is entitled to establish the commission for issuing the transaction statement made for the card account. 5.2.2.2. Submit a justified claim on transactions performed on the card account consistent with clause 5.4 of the present agreement. 5.2.3. The client acknowledges that: 5.2.3.1. Cards produced by the Bank are equipped with contactless technology; 5.2.3.2. Throughout the territory of Georgia, contactless card transactions without a pin code are permitted to the amount of up to 100 (one hundred) GEL. The Bank does not bear responsibility and does not accept claims from clients for contactless transaction(s) performed with the card account of a client up to 100 GEL throughout Georgia (notwithstanding the number of such transactions performed with the card).

  • Rights and Obligations of Members Section 6.1

  • Rights and Obligations of Party B 8.1 Party B is entitled to use the Leased Units in accordance with the Contract. Party B may set a notable mark on the exit of elevators of the floor of leasing pursuant to the xxxevant management regulations of the Corporate Squares. The detailed conditions shall be discussed by both Parties. 8.2 Party B shall carry out the business activities in the Leased Units in compliance with laws, regulations and rules of the People's Republic of China and is prohibited to harm Party A's reputation through its activities. 8.3 Party B shall duly make the payments with respect to the rent, property management fee, electricity usage fee and any other charges it shall be responsible for. 8.4 Starting from the Commencement Date, Party B shall purchase insurance for the properties in the Leased Units, including property insurance and third party liability insurance. Otherwise, Party B and not Party A shall be solely responsible for all liabilities and losses. 8.5 Party B shall not alter the purpose of use of the Leased Units without consent in writing from Party A. 8.6 Party B shall not re-lend, sublease, and exchange the Leased Units, in whole or part, to third parties or allow third parties to use the Leased Units by other means, without consent in writing from Party A. 8.7 Party B shall not alter the locking and security system on the gate of the Leased Units without consent in writing from Party A or approval from related departments. 8.8 Party B shall not alter or move the equipment for usage of water and electricity and shall not enlarge the capacities of central air conditioning, without consent in writing from Party A. 8.9 Party B shall take necessary actions to prevent the Leased Units from fires accident or man-made damage. Party B shall immediately notify to Party A with respect to any damage of the Leased Units. Party B shall restore the damaged parts of the Leased Units to their former condition within one month upon receipt of Party A's notice, provided that the damages resulted from negligence by Party B and its employees. If Party B fails to do so timely, Party A has the right to repair the damaged parts. All the expenses thus incurred shall be borne by Party B. 8.10 Party B is entitled to require Party A repairing the Leased Units, and the public facilities and equipment, and repair such based on the original standards by itself if Party A fails to perform the obligation of repairing timely and affects the normal use of such. All the expenses thus incurred shall be borne by Party A. The equipment newly added or improved by Party B shall be repaired by Party B.

  • Rights and Obligations of Party A 0. Xxxxx A has the right to require Party B to keep in confidence relevant financial information and trade secrets relating to production and operation of Party A unless otherwise provided by laws and regulations. 2. Party A shall provide relevant financial information and information relating to production and operation as required by Party B and shall be responsible for the authenticity, integrity and validity of such information. 3. Party A undertakes that all settlements and deposits relating to the Loan shall be conducted through its accounts opened with Party B or Party B’s relevant branch. 4. Party A shall assist in and accept Party B’s inspection and supervision of its production, operation, financial activities and utilization of the Loan. 5. Party A shall utilize the Loan for the purpose as provided for hereunder. 6. Party A shall punctually repay the principal and interest in accordance with this Contract. 7. Party A or its investors shall not transfer any funds or assets in order to evade the indebtedness owed to Party B. 8. Party A shall give Party B a prior written notice for Party B’s consent if Party A intends to provide security for any third party during the term of this Contract and such security may affect Party A’s ability to make repayment under this Contract. 9. Party A shall promptly arrange for new security(ies) satisfactory to Party B where the Guarantor in respect of this Contract ceases or suspends production; its corporate registration is canceled, or business license revoked; it is bankrupt or dissolved; it is operating at a loss; or any other negative change has occurred, and such aforementioned incidents result in loss or partial loss of the Guarantor’s ability to secure the Loan, or where the mortgaged or pledged property(ies) for securing the Loan depreciate(s) or is (are) damaged or destroyed. 10. Party A shall promptly inform Party B of any relevant changes during the term of this Contract, including without limitation its business name, legal representative (or chief officer), registered office, business purpose or registered capital. 11. Where Party A intends to carry out activity(ies) during the term of this Contract which may have an impact on the realization of Party B’s rights hereunder, Party A shall give Party B a [30] banking days prior written notice for its consent to such intended activity(ies) and shall further take sufficient measures to safeguard the repayment of the indebtedness under this Contract and arrange for security in accordance with Party B’s instructions. The aforementioned activities shall include without limitation contracting, leasing, transformation to a stock company, forming an economic association with another enterprise, consolidation, merger, division, setting up a joint venture, application for suspension of production or for winding up or for bankruptcy. 12. Party A shall promptly inform Party B in writing, take sufficient measures to safeguard the repayment of the indebtedness under this Contract and arrange for security(ies) in accordance with Party B’s instructions if there has occurred to Party A incident(s) during the term of this Contract that may have substantially negative effects on Party B’s performance of its obligations hereunder. The aforementioned incidents shall include without limitation the following: Party A ceases or suspends production; its corporate registration is canceled, or business license revoked; its legal representative or high-ranking officers are involved in illegal activities; it is involved in litigation with a major impact; great difficulties arise in respect to its production or operation; or its financial standing deteriorates. 13. Party A shall bear all fees and expenses in connection with this Contract and the security(ies) for this Contract including without limitation fees and expenses in respect to legal services, insurance, evaluation, registration, storage, authentication and notarization.

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Rights and Obligations of Both Parties 7.1 Party A shall have the following rights and obligations: § to draw down and use the Loan according to this Contract; § if Party A repays the Loan before maturity date, it shall obtain prior written consent from Party B and shall compensate Party B against the losses for expected income and relevant expenses; § to bear all expenses incurred under this Contract; § it shall notify Party B at least 30 days in advance of any activities that would have a negative impact upon Party B’s ability to realize its rights such as joint operation, merger, restructuring, sale of material asset, etc. and obtain Party B’s written consent, otherwise, Party A is not allowed to carry out the afore mentioned activity before repayment of the Loan; § to notify Party B of any changes like location, contact address, business scope, legal representative and other commercial register items within 7 days after these changes; § it shall notify Party B immediately the occurrence of any event that will affect its normal operation or solvency under this contract, such as (but not restrain to) severe economic dispute, bankruptcy, financial deterioration etc; § In case of it winding up, dissolution, suspension of operation, revoke of business license, Party A should notify Party B of such events within 5 days after their occurrence and undertake to repay the principal and interest immediately. § Others as agreed. 7.2 Party B shall have the following rights and obligations: § to require Party A to provide all materials related to the Loan; § to deduct the principal, interest, compound interest, penalty interest and other due expenses relating to the Loan under this Contract directly from Party B’s account in accordance with the provisions of this Contract or relevant law; § in case of Party A’s evasion of Party B’s monitoring, default in payment for due principal or interest and other severe breach of the Contract, Party B is entitled to impose credit penalty against Party A, notify relevant departments or entities of such breach and put up payment demand notice on public media; § to provide loan to Party A in time according to the provisions of the Contract (except for the delays due to Party A’s reason); § to keep confidential of the information and materials provided by Party A..

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantor’s Obligations under this Company Guaranty Agreement shall be absolute and unconditional irrespective of, and the Company hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Company Guaranty Agreement and all Security Instruments to which it is a party by reason of: (a) any lack of legality, validity or enforceability of the Credit Agreement, of any of the Notes, of any other Loan Document, or of any other agreement or instrument creating, providing security for, or otherwise relating to any of the Guarantor’s Obligations, any of the Guaranteed Liabilities, or any other guaranty of any of the Guaranteed Liabilities (the Loan Documents and all such other agreements and instruments being collectively referred to as the “Related Agreements”); (b) any action taken under any of the Related Agreements, any exercise of any right or power therein conferred, any failure or omission to enforce any right conferred thereby, or any waiver of any covenant or condition therein provided; (c) any acceleration of the maturity of any of the Guaranteed Liabilities of the Guarantor’s Obligations of any other Guarantor, or of any other obligations or liabilities of any Person under any of the Related Agreements; (d) any release, exchange, non-perfection, lapse in perfection, disposal, deterioration in value, or impairment of any security for any of the Guaranteed Liabilities, for any of the Guarantor’s Obligations of any Guarantor, or for any other obligations or liabilities of any Person under any of the Related Agreements; (e) any dissolution of any Borrower, any Guarantor, any other Loan Party or any other party to a Related Agreement, or the combination or consolidation of any Borrower, any Guarantor, any other Loan Party or any other party to a Related Agreement into or with another entity or any transfer or disposition of any assets of any Borrower, any Guarantor, any other Loan Party or any other party to a Related Agreement; (f) any extension (including without limitation extensions of time for payment), renewal, amendment, restructuring or restatement of, any acceptance of late or partial payments under, or any change in the amount of any borrowings or any credit facilities available under, the Credit Agreement, any of the Notes or any other Loan Document or any other Related Agreement, in whole or in part; (g) the existence, addition, modification, termination, reduction or impairment of value, or release of any other guaranty (or security therefor) of the Guaranteed Liabilities (including without limitation obligations arising under any other Guaranty or any other Loan Document now or hereafter in effect); (h) any waiver of, forbearance or indulgence under, or other consent to any change in or departure from any term or provision contained in the Credit Agreement, any other Loan Document or any other Related Agreement, including without limitation any term pertaining to the payment or performance of any of the Guaranteed Liabilities, any of the Guarantor’s Obligations of any other Guarantor, or any of the obligations or liabilities of any party to any other Related Agreement; or (i) any other circumstance whatsoever (with or without notice to or knowledge of the Company) which may or might in any manner or to any extent vary the risks of the Company, or might otherwise constitute a legal or equitable defense available to, or discharge of, a surety or a guarantor, including without limitation any right to require or claim that resort be had to any Borrower or any other Loan Party or to any collateral in respect of the Guaranteed Liabilities or Guarantor’s Obligations. It is the express purpose and intent of the parties hereto that this Company Guaranty Agreement and the Guarantor’s Obligations hereunder shall be absolute and unconditional under any and all circumstances and shall not be discharged except by payment and performance as herein provided.

  • Additional Rights and Obligations The author(s) (and their employers as applicable), hereby authorise the Publishers to take such steps as they consider necessary at their own expense in the copyright owner’s name and on their behalf, if they believe that a third party is infringing or is likely to infringe copyright or the rights granted to the Publishers herein in the Contribution without further recourse to the copyright owner(s). The Corresponding Author acknowledges that all versions of the Contribution, and any associated reviews and responses to those reviews, may be published if the Contribution is accepted for publication. The Publishers expressly agree to place the final published post-production Contribution for display on PMC (including their international mirror sites) promptly after publication without extra charge for this deposit to the authors or their employers (provided PMC does not charge the Publishers), which will include any Publisher supplied amendments or retractions. The author(s) acknowledge and accept that BMJ may make additional changes to the Contribution as considered necessary in accordance with standard editorial processes whether before or after publication. The Corresponding Author will usually see proofs for their Contribution and every effort will be made to consult with the Corresponding Author if substantial alterations are made. BMJ may also retract or publish a correction or other notice when it considers this appropriate for legal or editorial reasons and this shall be at its absolute discretion which shall be exercised reasonably.

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.

  • Rights and Obligations of Limited Partners Section 8.1 Limitation of Liability 27 Section 8.2 Management of Business 27 Section 8.3 Outside Activities 27 Section 8.4 Return of Capital 27 Section 8.5 Rights of Limited Partners Relating to the Partnership 27

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