Trusteeship. The Chargor declares that:
(a) as and when the security created by this Deed shall become enforceable, it will hold all the Charged Assets (subject to the Chargor’s right of redemption) upon trust to convey, assign, transfer or otherwise dispose of or deal with the same in such manner and to such person as the Lender shall direct; and
(b) it shall be lawful for the Lender to appoint new trustees of the Charged Assets from time to time in place of the Chargor or in place of any trustee appointed under this power.
Trusteeship. The Company declares that, as and when the security created by this Debenture shall become enforceable, it will hold all the Charged Assets (subject to the Company's right of redemption) upon trust to convey, assign, transfer or otherwise dispose of or deal with the same in such manner and to such person as the Bank shall direct, and declares that it shall be lawful for the Bank to appoint new trustees of the Charged Assets, or any part thereof, from time to time in place of the Company or in place of any trustee appointed under this power.
Trusteeship. In the event of a consent required under § 7.1 is not obtained or such consent is withheld, in relations with third parties, the Seller shall remain owner of the relevant Purchased Assets and contractual party in the relevant Assumed Contracts but, in its internal relations with the Purchaser, the Seller shall own or hold the relevant Purchased Assets or fulfil the relevant Assumed Contracts subject to the instructions by and for the account of the Purchaser. To this end – to the extent permitted – the Seller shall conclude any sub-licences, sub-rentals or sub-contractor agreements and enforce any rights due under the Purchased Assets or Assumed Contracts. Wherever necessary, the Seller shall xxxxx xxxxxx of attorney and/or class action declarations to the Purchaser, such that the Purchaser can also pursue rights and claims in its own name. This does not apply to employment relationships, the transfer of which to the Purchaser has been rejected by the employee in accordance with § 613a paragraph 6 BGB.
Trusteeship. As per the responsibility of your role as defined by the GU Constitution, your election to office includes your election to the GU Board of Trustees for the period to which you will hold office (as defined in this contract). Because your employment will involve being a trustee of the GU, you may not take up this post if you are disqualified from being a Charity trustee in England. If you are found to have misrepresented yourself regarding your eligibility, or if you are disqualified during the operation of your contract, the CUSU Board of Trustees may end your employment immediately. You are obliged to notify the GU Board of Trustees and the CUSU Board of Trustees immediately should you be disqualified during the operation of this contract. As part of this agreement, and prior to you taking office, this post requires an enhanced Disclosure and Barring Scheme (DBS) check. All convictions (spent or otherwise) must be declared. You may not take up this post without signing in agreement to a Trustee Declaration as provided by the GU Board of Trustees. Your trusteeship is subject to Clauses 1, 3, 4 and 9 of this contract. You are a Trustee of the GU until this contract expires or is terminated. You must take reasonable precautions to ensure that the actions of the GU, in particular those relating to its expenditure, are legal, and you will exercise such due diligence as is necessary to familiarise yourself with the obligations of a Charity Trustee.
Trusteeship. The customer may receive object code or source code and hold it as a trustee in using the software products for modification in accordance with the customer’s own purposes. The customer is not entitled to the delivery of the source code for Omnibooter Configuration Tools or the OmniBooter Flashing Tool. The customer may not disclose any parts of the software products in source code to any third party. In particular, without limitation, the customer shall not give access to the software products to any third party. This obligation applies to any modified, enhanced or integrated versions as well. The temporary delivery of the source code to subcontractors shall remain unaffected however the customer shall ensure that these contractual obligations are in place with any subcontractors Where any source code is supplied, You the customer shall ensure that the source code may not be misused. In particular the customer shall only store it on your IT system for the time during which the source code is worked on and You the customer shall keep the source code locked up during all other times. You the customer shall only give access to the source code to such employees who imperatively need it for their project work. The customer may provide the object code or source code to subcontractors temporarily, so that subcontractors may work on the source code for such purposes and in accordance with such tasks the customer has ordered from subcontractor. Prior to the delivery of the software products to the subcontractor, the customer shall oblige the subcontractor to return the delivered software products to the customer at the end of the relevant order and to delete any copies of the software products. The customer shall oblige the subcontractors Title OmniBooter Suite End User Licence Agreement Release Date Document Number MNL-LGL-3157 Release 1.0.RR.0 Page 9 of 18 to confidentiality regarding the source code with obligations no less than those set forth herein The customer shall not develop any software products similar to or derived from the software products, and / or distribute such products directly or indirectly or in any other way than as agreed in the corresponding commercial agreement.
Trusteeship. Pursuant to Section 107(f)(2)(B) of CERCLA, as amended, 42 U.S.C. §9607(f)(2)(A); Executive Order No. 12580 (January 23, 1987); and Subpart G of the NCP, 40 C.F.R. Part 300.600, the Secretaries of the United States Department of the Interior and the United States Department of Commerce have been designated as Federal natural resource trustees for purposes of CERCLA, and otherwise have statutory responsibilities related to the natural resources injured, destroyed, or lost as a result of the release of hazardous substances at the Site. The Secretary of the Interior has designated the Regional Director, United States Fish and Wildlife Service, Region 5, to act as the Authorized Official, and has delegated to the Regional Director authority to act as natural resource trustee under CERCLA for natural resource damages and restoration activities related to the Site. The Secretary of Commerce has delegated the Department’s natural resource trustee authority under CERCLA to the Under Secretary of Oceans and Atmosphere of NOAA. The Commissioner of the NJDEP is the Natural Resource Trustee charged with administering and protecting the State’s natural resources, and the NJDEP Office of Natural Resource Restoration represents the Commissioner in this capacity.
Trusteeship. After the Separation Date, Executive shall continue to serve as non-Executive Chairman of the Board of Trustees in a non-employee capacity, subject to his continued election to the Board of Trustees by the shareholders and his continued election or appointment by the Board of Trustees to the role of non-Executive Chairman. Beginning on July 8, 2016 and for as long as Executive serves as non-Executive Chairman of the Board of Trustees, Executive shall receive an annual retainer fee of $100,000 for his service in that role and be eligible for any other compensatory benefits generally available to Trustees. In the event Executive is elected to serve as a Trustee, but not as non-Executive Chairman, he shall be entitled to the compensation and benefits generally available to Trustees.
Trusteeship. This information has been gathered on behalf of BC taxpayers and paid for by them, and BC Assessment as custodian of this government information has a trusteeship type role in determining how best to make it available for uses beyond its core use of supporting property taxation.
Trusteeship. Trusteeship method was the collective measure of protecting Bumiputera interests in the government’s public enterprises and government agencies especially by upholding corporate directorship and equity ownership. The collective protection of equity ownership was working behind the flagship of a political party, such as UMNO, to invoke the legitimacy of the party’s business ventures.10 In trusteeships such as PETRONAS and its subsidiaries, the question always arises of how the Bumiputera trustees transferred the share capital and investment of petroleum resources to increase the equity of GLCs and Bumiputera privately owned companies? The Malay elites – politicians and entrepreneurs – can acquire more equity if the politicians from UMNO and government officials appoint the trustee directors in the government trusteeship to interlock acquisition of share capital between party-linked companies and government- owned companies. According to Xxxxx, trusteeship is the dominant vehicle used to pursue the interests of political and economic elites. This concept refers to the putting of faith in the hands of an individual or organisation to advance a certain policy or duty.11 In the Malaysian context, trusteeship is tied closely with the concept of loyalty which is how the collective measure works. Often too, appointments as trustees have been a form of patronage wielded by the party’s elites as a reward for loyalty.12 Trustees involved patronage of the government to ensure business success and protection from competition by maintaining Bumiputera privileges to acquire concessions, licences, monopoly rights, government subsidies and more. Partnership method is a power-sharing scheme between companies to complete the missing structures and functions in both organisations to pursue an objective of developing big scale projects. The companies forced to seek advantage on the other side of company’s unique capability because of its capital funding, business network, organisational influence or reputable talent. In the early 1980s, PETRONAS developed a business partnership with FOC because of lack in internal competencies on technical know-how.13 The first well-known PETRONAS business cooperation in 1982 was with Elf Aquitaine of France through the establishment of PETRONAS Carigali. However, this partnership was a joint venture approach whereby PETRONAS Carigali had to provide a capital investment of exploration activities whereas Elf Aquitaine provided talents to execut...
Trusteeship. Any Trustee may resign upon 30 days written notice to the Trustor. The Trustor may remove any Trustee upon 30 days written notice to the Trustee. In the case of the resignation, refusal, removal or inability to act of a Trustee, the Trustor shall appoint a successor Trustee with written notice to the California Department of Insurance; provided, however, that no entity shall become a successor Trustee until it has been approved in writing by the California Department of Insurance. Each Trustee shall be responsible only for its own acts or omissions, and shall not be required to audit the acts of any predecessor.
