Restricted Duties definition

Restricted Duties means activities restricted by the 1934 Act to SEC-registered transfer agents. For avoidance of doubt, it shall not be unreasonable for the Funds to condition consent on the receipt of adequate assurances that the delegate can provide the services required, meet the applicable contractual, legal and regulatory standards and Transfer Agent will not share Fund information with other fund groups.
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Restricted Duties means the following duties: providing management and strategic leadership with respect to all day-to-day operations; identifying, developing and maintaining client, vendor, supplier and distributor relations, including without limitation, through sales and marketing programs; negotiating agreements and other transactions with clients, vendors, suppliers, distributors and partners, including without limitation, purchases, rebates and subcontracting agreements; managing the sales force and management team, including without limitation, recruiting and hiring members of the executive team; developing and implementing operational infrastructure systems, processes and personnel; integrating strategic acquisitions; developing and implementing business strategies, plans and policies; profit and loss accountability; cost containment; scheduling; production management; supply chain management; and budget development. The Executive acknowledges and agrees that the foregoing duties comprise his current duties with the Company.
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Examples of Restricted Duties in a sentence

  • Notwithstanding the foregoing, when utilizing affiliates to perform Restricted Duties in reliance on this Article 29.1 (in lieu of reliance on Article 4.1), BNYM may utilize only Employees of affiliates that are SEC-registered transfer agents.

  • An employee placed in the Restricted Duties Group will enter the group at the rate for the employee’s classification.

  • If no such work is available, the employee will be assigned to the Restricted Duties Group.

  • Furthermore, where the employee has been unsuccessful in the trial period in the Mailroom Operator classification, he or she shall retain their priority date (as set out below) when they return to the Restricted Duties List.

  • Those part-time employees listed below on the Restricted Duties List shall maintain a 21 hours per week guarantee and may work less than 7 hours shifts, subject to the parties concluding the limit on the number of shifts to be worked less than 7 hours per week by existing staff.

  • Should an employee be unsuccessful in the trial period in the new classification, the Parties are agreed that he or she shall not be entitled to elect to move off Restricted Duties List and to the Mailroom Operator classification in the future.

  • Should an employee listed below move from the Restricted Duties List to the new Mailroom Operator classification permanently; he or she shall retain the same priority date, as set out below, on the priority list of the Mailroom Operators.

Related to Restricted Duties

  • Restricted Activities means those activities described in Section 10 of this Agreement.

  • Restricted Entity means a Person principally engaged in the business of owning, operating, managing, franchising or branding theme parks and other entertainment destinations, that, in each case, competes with the Company and is listed on Exhibit B attached hereto, as such list may be amended by the Company acting reasonably and in good faith from time to time, but not more than once every twelve (12) months, by delivery of written notice to ZHG no less than forty-five (45) days prior to such amendment.

  • Permitted Intercompany Activities means any transactions (A) between or among the Company and its Restricted Subsidiaries that are entered into in the ordinary course of business or consistent with past practice of the Company and its Restricted Subsidiaries and, in the reasonable determination of the Company are necessary or advisable in connection with the ownership or operation of the business of the Company and its Restricted Subsidiaries, including (i) payroll, cash management, purchasing, insurance and hedging arrangements; (ii) management, technology and licensing arrangements; and (iii) customary loyalty and rewards programs; and (B) between or among the Company, its Restricted Subsidiaries and any Captive Insurance Subsidiary.

  • Restrictive Agreement an agreement (other than a Loan Document) that conditions or restricts the right of any Borrower, Subsidiary or other Obligor to incur or repay Borrowed Money, to grant Liens on any assets, to declare or make Distributions, to modify, extend or renew any agreement evidencing Borrowed Money, or to repay any intercompany Debt.

  • Restricted Debt has the meaning set forth in Section 6.04(b).