Specific Administrative Services Sample Clauses

Specific Administrative Services. In particular, but without limiting the generality of clause 6.1 the Manager will: 6.2.1 Prepare or procure the preparation of: (a) Such reports and other information and material as the Board may reasonably require in connection with any annual or half-yearly reports and the Company’s audited annual accounts and unaudited (interim) accounts and their preparation; (b) Any other report as the Board reasonably requires from time to time and without limitation the Manager will promptly after the Board’s request at any time provide the Company with any information the Board may reasonably require in respect of the Property or the Manager’s performance of its duties or obligations under this Agreement, provided that the Manager will not be required to disclose to the Board in any report any information that the Manager is prohibited by law from disclosing, or which is subject to an obligation of confidentiality. 6.2.2 Keep, or cause to be kept, such accounting records in relation to the Company, the Manager and this Agreement as required by law or otherwise necessary for the proper conduct of the Company’s affairs; 6.2.3 Subject to any direction of the Board, hold all certificates or other documents of title received in respect of the Property safe and secure on behalf of the Company; 6.2.4 As soon as practicable on receipt of any moneys received on behalf of the Company pay such moneys into a bank account held in the name of the Company; 6.2.5 Open a current account with such registered bank as the Company may from time to time appoint as its bankers into which all moneys coming into the hands of the Manager on behalf of the Company will be paid in accordance with clause 6.2.4 and to operate such bank account or authorise the making of withdrawals from and to sign cheques or authorise the signing of cheques drawn on such bank account in accordance with any authority given by the Board from time to time; 6.2.6 Subject to there being sufficient funds available in the Company’s bank account, meet all liabilities of the Company in relation to this Agreement as and when such liabilities become due and payable with the exception of the remuneration and costs payable to the Manager under clauses 8 and 9 of this Agreement which may only be paid with the Board’s prior approval; 6.2.7 Use its best endeavours to collect all outstanding moneys owing by the Company’s debtors; 6.2.8 Arrange for the annual financial statements of the Company to be audited by the Auditor incl...