Rights Powers and Duties Sample Clauses

Rights Powers and Duties. The rights, powers and duties of the Trustee shall be as follows: (a) The Trustee shall be responsible for the safekeeping of the assets of the Trust Fund in accordance with the provisions of the Plan and any amendments hereto. The duties of the Trustee under the Plan shall be determined solely by the express provisions hereof and no other further duties or responsibilities shall be implied. Subject to the terms of this Plan, the Trustee shall be fully protected and shall incur no liability in acting in reliance upon the written instructions or directions of the Employer, the Plan Administrator, a duly designated investment manager, or any other named Fiduciary. (b) The Trustee shall have all powers necessary or convenient for the orderly and efficient performance of its duties hereunder, including but not limited to those specified in this Section. The Trustee shall have the power generally to do all acts, whether or not expressly authorized, which the Trustee in the exercise of its fiduciary responsibility may deem necessary or desirable for the protection of the Trust Fund and the assets thereof. (c) The Trustee shall have the power to collect and receive any and all monies and other property due hereunder and to give full discharge and release therefore; to settle, compromise or submit to arbitration any claims, debts or damages due to or owing to or from the Trust Fund; to commence or defend suits or legal proceedings wherever, in the Trustee's judgment, any interest of the Trust Fund requires it; and to represent the Trust Fund in all suits or legal proceedings in any court of law or equity or before any other body or tribunal. (d) The Trustee shall cause any Life Insurance Policies or assets of the Trust Fund to be registered in its name as Trustee and shall be authorized to exercise any and all ownership rights regarding these assets, subject to the terms of the Plan. (e) The Trustee may temporarily hold cash balances and shall be entitled to deposit any funds received in a bank account in the name of the Trust Fund in any bank selected by the Trustee, including the banking department of a corporate Trustee, if any, pending disposition of such funds in accordance with the Plan. Any such deposit may be made with or without interest. (f) The Trustee shall pay the premiums and other charges due and payable at any time on any Life Insurance Policies as it may be directed by the Plan Administrator, provided funds for such payments are then available in ...

Rights Powers and Duties. The Association is a Florida non-profit corporation charged with the duties and invested with the powers prescribed by law and set forth in the Project Documents, specifically including all those powers prescribed by Chapters 617 and 720, Florida Statutes, as amended from time to time, together with such rights, powers and duties as may be reasonably necessary to effectuate the objectives and purposes of the Association as set forth in the Project Documents, and shall provide (or cause to be provided) the following services: Section 3.1.1 Maintenance of all Common Areas and/or any Improvements from time to time located thereon, including, without limitation, recreation areas, amenities, grass, landscaping and irrigation systems, screen walls and entry features, all private roads (if applicable), driveways, alleys and parking areas and all lights and landscaping on and around such private roads, driveways, alleys and parking areas within the Property which are not maintained by governmental authorities or located within any Lot. Neither Declarant nor the Association guarantees or represents that any view over and across any lake, pond, stream, river or retention pond (a “Water Feature”) or an open space or conservation area from adjacent Residential Units or other property will be preserved without impairment. Without limiting the foregoing, neither Declarant nor the Association shall have the obligation to relocate, prune, or thin trees or other landscaping except as set forth in this Article III. Any express or implied easements for view purposes and/or for the passage of light and air are hereby expressly disclaimed. Notwithstanding anything to the contrary herein contained, the Association shall maintain all Common Area landscaping in accordance with the landscape plan (if applicable) submitted to and approved by applicable governmental authorities in connection with the approval of the Project, which requirement may not be amended or deleted without the prior approval of the applicable governmental authorities which approved such landscape plan. Section 3.1.2 Subject to Article XIV below, maintenance, operation and repair of the Surface Water Management System, which shall include the exercise of practices that allow the Surface Water Management System to provide drainage, water storage, conveyance or other surface water or stormwater management capabilities as permitted by the Water Management District. Any repair or reconstruction of the Surface Wate...

Rights Powers and Duties of the General Partner ------------------------------------------------

Rights Powers and Duties. The Managing Partner shall be responsible for the management and operations of the Partnership and shall have all powers necessary to manage and control the Partnership, to conduct its business, and to implement any decision of the Partners adopted pursuant to this Agreement, and all powers possessed by general partners under the Act. Notwithstanding the preceding sentence, the exercise by the Managing Partner of any of the powers described in the preceding sentence or listed below in this Section 3.1(b) is subject to Section 3.1(c), Section 3.2 and the other limitations set forth in this Agreement. Except as expressly provided herein, no Partner other than the Managing Partner shall have any right to vote on, or consent to, any action of any nature whatsoever taken or proposed to be taken by the Partnership and no Partner other than the Managing Partner shall give any consent on any matter or take any action as a Partner, including, without limitation, acting on behalf of or binding the Partnership, unless such matter or action shall first have been approved or consented to by the Managing Partner or the Executive Committee. Subject to the foregoing, the powers of the Managing Partner include, without limitation, the power on behalf of the Partnership, for itself or on behalf of any Subsidiary of the Partnership, to: (i) construct, operate, maintain, improve, expand, buy, own, sell, convey, assign, mortgage, finance, refinance, rent, or lease real or personal property, which may be held in the name of the Partnership or any Subsidiary of the Partnership; (ii) enter into, perform, and carry out contracts and agreements of any kind necessary to, in connection with, or incidental to accomplishing the purposes of the Partnership; (iii) negotiate for and conclude agreements for the sale, exchange, or other disposition of all or any part of the property of the Partnership or of any Subsidiary of the Partnership, for property, cash, or on terms, or any combination thereof, or for the purchase or lease of additional property of the Partnership or any Subsidiary of the Partnership; (iv) bring and defend actions in law and equity; (v) execute and modify leases and other agreements (including leases and agreements for terms extending beyond the term of the Partnership or the term of any Subsidiary of the Partnership), and execute and modify options, licenses, or agreements with respect to any of the assets or the business of the Partnership or any Subsidiary; (vi) o...

Rights Powers and Duties. The Members shall have the exclusive control over the Governance and Operation of the LLC and shall be duly authorized to take any and all action of behalf of the LLC.

Rights Powers and Duties. The Board may not, by agreement or through arbitration, delegate powers and responsibilities which by law are imposed upon and lodged with the Board. Any contract must include and therefore be subject to the New Jersey school laws and all other applicable laws and regulations. The Board, on its own behalf and on behalf of the electors of the district, hereby retains and reserves unto itself all powers, rights, and authority, duties and responsibilities conferred upon and vested in it by the laws and the Constitution of the State of New Jersey and of the United States, including but without limiting the generality of the foregoing, the right: 1. To the executive management and administrative control of the school system and its properties and facilities, and the activities of its employees; 2. To hire all employees and, subject to the provisions of law, to determine their qualifications and the conditions for their continued employment, or their dismissal or demotion, and to promote and transfer all such employees; 3. To establish grades and courses of instruction, including special programs, and to provide for athletic, recreational and social events for students, all as deemed necessary or advisable by the Board; 4. To decide upon the means and methods of instruction, the selection of textbooks and other teaching materials, and the use of teaching aids of every kind and nature; 5. To determine class schedules, the hours of instruction, and the duties, responsibilities, and assignments of teachers and other employees with respect thereto, and non-teaching activities, and the terms and conditions of employment.

Rights Powers and Duties. Subject to Section 5.02 hereof, the overall management and control of all aspects of the business and operations of the Company shall be vested exclusively in a Board of Managers, and all actions referenced herein to be taken by the Company shall mean by the Board of Managers. The Board of Managers shall be comprised of five (5) Managers, who shall initially be as listed on Schedule B attached hereto. For so long as Dato holds a Member percentage of twenty (20%) or more, Dato shall have the right to appoint a majority of the total members of the Board of Managers which initially mean the right to appoint himself and two (2) other persons to the Board of Managers. Dato's initial appointees to the Board of Managers are (i) Dato, (ii) Xxxxx Xxxxxxx and (iii) Xxxx Xxxxxxxxx, Xx. (each a "Dato Designee"). For so long as CHDT holds a Member Percentage of twenty (20%) or more, CHDT shall have the right to appoint two (2) persons to the Board of Managers, who shall not represent more than a minority of the total Members of the Board of Managers (each a "CHDT Designee"). The Board of Managers shall only act upon the Required Vote of the Board of Managers, except as expressly otherwise provided in Section 5.02 hereof or elsewhere in this Agreement, the Articles or the Law, shall constitute the act of and serve to bind the Company. Each Manager shall use good faith efforts to carry out the business of the Company as set forth herein. The Board of Managers shall have the power and authority to elect, by Required Vote, Managers as Chairman of the Board and Vice Chairman of the Board. The Board of Managers may appoint Officers pursuant to Section 5.01(b) hereto who shall conduct the day-to-day operations of the Company and shall use good faith efforts to carry out the business of the Company as set forth herein. With respect to all of its obligations, powers and responsibilities and the limitations thereon as provided in this Agreement, the Board of Managers is authorized to execute and deliver, for and on behalf of the Company, such agreements or instruments as the Board of Managers may deem necessary or desirable, all on such terms and conditions as it may deem necessary or desirable, and the execution of such agreements, instruments or other documents by the Board of Managers shall be sufficient to bind the Company. Without limiting the generality of the foregoing, but subject to Section 5.02 hereof, the Board of Managers has the right, power and authority, on behalf...

Rights Powers and Duties. The rights, powers and duties of the Trustee shall be as follows:

Rights Powers and Duties. The Committee shall have such authority as may be necessary to discharge its responsibilities under the Plan, including the following powers, rights, and duties: (a) to adopt such rules of procedure and regulations as, in its opinion, may be necessary for the proper and (b) to enforce the Plan in accordance with its terms and with such rules and regulations as may be adopted by the Committee; (c) to determine all questions arising under the Plan, including questions relating to the eligibility, benefits, and other Plan rights of Participants and other persons entitled to benefits under the Plan and to remedy ambiguities, inconsistencies, or omissions; (d) to maintain and keep adequate records concerning the Plan and concerning its proceedings and acts in such form and detail as the Committee may decide; (e) to direct all benefit payments under the Plan; (f) to furnish the Employers with such information with respect to the Plan as may be required by them for tax or other purposes; (g) to act as the "plan administrator" (as defined in section 414(g) of the Code) for purposes of establishing and implementing procedures to determine the qualified status of domestic relations orders (in accordance with the requirements of section 414(p) of the Code) and to administer distributions under such qualified orders; and (h) to employ agents, attorneys, accountants and other persons (who also may be employed by the Employers or the Trustee) and to delegate to them such powers as the Committee considers desirable to properly carry our administration of the Plan, provided that such delegation and the acceptance thereof by such agents, attorneys, accountants or other persons shall be in writing.

Rights Powers and Duties. The Administrative Committee shall have the maximum discretion as may be necessary or advisable to discharge its administrative responsibilities under the Plan, including the following powers, rights and duties: (a) to adopt such rules of procedure and regulations as, in its opinion, may be necessary or advisable for the proper and efficient administration of the Plan and as are consistent with the provisions of the Plan; (b) to enforce the Plan in accordance with its terms and with such rules and regulations as may be adopted by the Administrative Committee; (c) to make determinations with respect to all questions arising under the Plan, including questions of fact and questions relating to the eligibility, benefits and other Plan rights of Participants and Beneficiaries and to construe and interpret the Plan and remedy ambiguities, inconsistencies or omissions; (d) to maintain and keep adequate records concerning the Plan and concerning its proceedings and acts in such form and detail as the Administrative Committee may decide; (e) to direct all benefit payments under the Plan; (f) to delegate to Worker Members of the Company and the agents or counsel employed by the Administrative Committee such powers as the Administrative Committee considers desirable; (g) to appoint one of its members or any other Worker Member to act as secretary of the Administrative Committee, and to authorize the secretary so appointed to act for the Administrative Committee in all routine matters connected with its responsibilities hereunder; and (h) to recommend changes in the Plan to the Company. Notwithstanding the foregoing, any amendment that reasonably is expected to result in an increase of Plan costs by more than $1,000,000 on an annual basis, or any amendment to the Company Stock Component shall be made to the Board of Directors, which can accept or reject such recommendations at its discretion.