Treasurer May Perform Sample Clauses

Treasurer May Perform. If the Pledging Bank fails to perform any agreement contained herein, the Treasurer may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Treasurer incurred in connection therewith shall be payable by the Pledging Bank under Section 12 hereof.
AutoNDA by SimpleDocs
Treasurer May Perform. The Pledging Bank hereby authorizes the Treasurer to file financing statements with respect to the Collateral. If the Pledging Bank fails to perform any agreement contained herein, the Treasurer or the Custodian may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Treasurer or the Custodian incurred in connection therewith shall be payable by the Pledging Bank under Section 14 hereof.

Related to Treasurer May Perform

  • 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.

  • 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.

  • Controller The Controller shall be the chief accounting officer of the Company. He shall keep full and accurate accounts of the assets, liabilities, commitments, receipts, disbursements and other financial transactions of the Company; shall cause regular audits of the books and records of account of the Company and supervise the preparation of the Company’s financial statements; and, in general, he shall perform the duties incident to the office of controller of a company (as if the Company were a Delaware corporation) and such other duties as may be assigned to him by the Member or the President or as may be provided by law. If no Controller is elected by the Member, the Treasurer shall perform the duties of the office of controller.

Time is Money Join Law Insider Premium to draft better contracts faster.