The Management Sample Clauses

The Management. 2.1. The Management Company undertakes and warrants to manage and perform the Services in proper level and standard and the Lessee agrees to the said and consents to the exclusive management and performance of the Services. The Lessee waives any right to manage the Building, including by a tenants’ association and it grants all authorities granted to such a representation to the Management Company and undertakes to act in accordance with the provisions set forth in this Agreement. [Signature and Stamp: Ogen Yielding Real Estate Ltd and Polypid Ltd.] [Signed] 2.2. The management period in accordance with this Agreement shall commence on the Effective Date.

The Management. Company shall provide all redemption requests duly timed, dated and stamped to the Trustee within twenty four (24) hours of receipt of any such request following the queue system.”

The Management. Company shall at the establishment of the Scheme and with the consent of the Trustee, appoint an Auditor, from the approved list of auditors circulated by the Commission from time to time, who shall be a chartered accountant and independent of the auditor of the Management Company and the Trustee and such auditor shall not be appointed for more than five (05) consecutive years.” 40.2 Deletion of clause 32.2 40.3 Insertion of new clause 34.2 3.1 After existing clause 32.1 (renumbered as 34.1), a new clause 34.2 is inserted and reads as under: 34.2 The persons not qualified to be the auditor of a public company under the Companies Ordinance, 1984 shall not be qualified to be the Auditor.”

The Management. Upon being appointed the Managing Board shall immediately select the management team, which shall consist of a director and a deputy-director. The management shall be responsible for conducting the day-to-day business of the JV under the stewardship of the Managing Board. The management's term of office shall be three (3) years; the management may be re-appointed. Initially, the director shall be appointed by the FCMB and the deputy-director by HTH. On expiry of the period of office HTH shall nominate the director. Thereafter, the position of director shall alternate per period of office between the Partners. The management is obliged to effect the resolutions of the Managing Board and to organize and conduct the day-to-day business of the JV. The Partners shall not refuse to appoint the manager proposed by the relevant Partner without good cause. In the absence of the director his duties shall be transferred to the deputy-director or an employee of the JV empowered to stand in for the director in his absence. This shall also apply in the absence of the deputy-director. The Managing Board is empowered to dismiss a manager at any time following a breach of faith or major breach of duty. The managers shall represent the JV collectively. Details shall be laid down in management agreements yet to be concluded.

The Management. Company may, from time to time, with the consent of the Trustee make arrangements for conducting the business of the Scheme or with regard to any other matter incidental thereto; provided, that such arrangements are not inconsistent with the provisions of the Rules, the Regulations or the Constitutive Documents.

The Management. Company shall not make short sales of any security or maintain a short position in securities.

The Management. Company shall proceed to sell adequate assets of the Fund and/or arrange borrowing as it deems fit in the best interest of the Unit Holders and shall determine the Redemption Price to be applied to the redemption requests based on such action.

The Management. 6.3.1 Unless otherwise agreed, the Company shall have only one chief executive officer (in Danish: "Adm.direcktor") to execute the decisions of the board and to manage the daily operations and affairs of the Company. 6.3.2 The chief executive officer shall be appointed unanimously by the board of directors. *****.

The Management. The Members shall conduct the day-to-day business affairs of the Company, subject to any resolutions adopted by the Members and to the Act.

The Management. Company with the approval of the Trustee has reduced the Par Value from Rs. 500/- to Rs. 100/- with effect from the date of this Second Supplemental Deed and therefore Units will be re- issued to the existing Unit Holders in the manner provided in 15.7 by multiplying the number of the existing Units held by them by five (5) in lieu of the existing Units held by them.” The Offer Price shall be equal to the sum of: (a) The Net Asset Value as of the close of Subscription Day on which the application for issuance of Units has been received;