Secretary/Manager of the Authority Sample Clauses

Secretary/Manager of the Authority. The Manager shall be the Secretary of the Authority and, as such, shall have general supervision over the administration of the Authority’s business and affairs, subject to the direction of the Board. The Secretary shall be charged with management of the housing projects of the Authority. The Secretary shall keep the records of the Authority; shall act as secretary of the meetings of the Authority, which shall require preparation of a record of all proceedings of the Authority (including the results of all votes) in a journal of proceedings to be kept for such purposes; and shall perform all duties incident to such office. They shall keep in safe custody the seal of the Authority and shall have the power to affix such seal to all contracts and instruments authorized to be executed by the Authority. The Secretary shall have the care and custody of all funds of the Authority and shall deposit the same in the name of the Authority in such banks or banks as the Authority may select. Any two officers shall sign all orders and checks for the payment of money and shall pay out and disburse such monies under the direction of the Authority. The Secretary shall keep regular books of accounts showing receipts and expenditures. The Secretary shall provide to the Authority at each regular meeting (or more frequently when requested), an account of Authority transactions and a report of the financial condition of the Authority. The Secretary shall give such a bond for the faithful performance of his duties as the Authority may require. The Manager shall be hired by a majority vote of the Board. The compensation of the Manager shall be determined by the Board, provided that any temporary appointee selected from among the Directors of the Board shall serve without compensation (other than the payment of necessary expenses).
Sample 1
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Secretary/Manager of the Authority. The Secretary shall be the Manager of the Authority and, as such, shall have general supervision over the administration of the Authority’s business and affairs, subject to the direction of the Board. TheManager shall be charged with management of the housing projects of the Authority. The Manager shall keep the records of the Authority; shall act as secretary of the meetings of the Authority, which shall require preparation of a record of all proceedings of the Authority (including the results of all votes) in a journal of proceedings to be kept for such purposes; and shall perform all duties incident to such office. The Manager shall keep in safe custody the seal of the Authority and shall have the power to affix such seal to all contracts and instruments authorized to be executed by the Authority. The Manager shall have the care and custody of all funds of the Authority and shall deposit the same in the name of the Authority in such banks or banks as the Authority may select. Any two officers shall sign all orders and checks for the payment of money and shall pay out and disburse such monies under the direction of the Authority. The Manager shall keep regular books of accounts showing receipts and
Sample 1

Related to Secretary/Manager of the Authority

  • College President The "College President" is the Chief Executive Officer of the College.

  • The President the Treasurer and the Secretary shall be elected by the Trustees upon the occurrence of any vacancy in any such office. Other officers, if any, may be elected or appointed by the Trustees at any time. Vacancies in any such other office may be filled at any time.

  • Secretary “Secretary” shall mean the Secretary of the Department of Health and Human Services or his designee.

  • Association President The President of the Association has the right to visit schools. The President will coordinate the visits with the offices of the principals in order to facilitate the purpose of this visit. Visits that are made to solve special problems of teachers will be arranged in advance by notifying the office of the principal.

  • President Unless the Trustees otherwise provide, the President shall preside at all meetings of the shareholders and of the Trustees. Unless the Trustees otherwise provide, the President shall be the chief executive officer.

  • Chairman An individual (who need not be a Registered Warrantholder) designated in writing by the Warrant Agent shall be chairman of the meeting and if no individual is so designated, or if the individual so designated is not present within fifteen minutes from the time fixed for the holding of the meeting, the Registered Warrantholders present in person or by proxy shall choose an individual present to be chairman.

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Treasurer The Treasurer shall be the chief financial and accounting officer of the Trust, and, subject to the provisions of the Declaration of Trust and to any arrangement made by the Trustees with a custodian, investment adviser or manager, or transfer, shareholder servicing or similar agent, shall be in charge of the valuable papers, books of account and accounting records of the Trust, and shall have such other duties and powers as may be designated from time to time by the Trustees or by the President.

  • Limited Power of Attorney The Adviser hereby appoints the Sub-Adviser as the Trust’s agent and attorney-in-fact for the limited purpose of executing account documentation, agreements, contracts and other documents on behalf of the Portfolio(s), as the Sub-Adviser shall be requested by brokers, dealers or other intermediaries, counterparties and other persons or entities in connection with the services provided by it hereunder. The Adviser, on behalf of the Trust, hereby ratifies and confirms as good and effectual, at law or in equity, all that the Sub-Adviser, and its officers and employees, may do in the capacity as attorney-in-fact. Nothing in this Agreement shall be construed as imposing a duty on the Sub-Adviser, or its officers and employees, to act on or assume responsibility for any matters in its capacity as attorney-in-fact. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Trust, that the Trust’s certificate of trust is on file with the Delaware Secretary of State and that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular series of the Trust are enforceable against the assets of such series only, and not against the assets of the Trust generally, or any other series thereof. The Sub-Adviser assumes no personal liability whatsoever for obligations of the Portfolio(s) entered into by the Sub-Adviser in its capacity as attorney-in-fact. For the avoidance of doubt, nothing in this Section 4 is intended to obviate any liability of the Sub-Adviser under this Agreement to the extent contemplated in Section 6.A. If requested by the Sub-Adviser, the Adviser agrees to have the Trust execute and deliver to the Sub-Adviser a separate form of Limited Power of Attorney in form and substance reasonably acceptable to the Sub-Adviser.

  • Board of Trustees Meetings The Association President and each Campus Association President shall be sent advance notices and agendas of the Board of Trustees meetings and shall also be provided copies of the minutes.

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