Board Oversight. 1. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:
Board Oversight. The management of the Account shall at all times remain under the oversight of the Board of Directors of the Company. The Company’s management will oversee the ongoing activities of the Investment Manager to achieve the Company’s business goals within its risk, capital and liquidity tolerances. The Company reserves the right to review and direct as needed specific investment activity to achieve its objectives. Schedule 2 Management Fee Schedule Capitalized terms used but not otherwise defined in this Schedule 2 have the meanings ascribed to such terms in the Investment Management Agreement.
Board Oversight. (1) Within one hundred twenty (120) days, the Compliance Committee shall complete a review of Board supervision presently being provided to the Bank to ensure that the Bank has competent and effective Board and management to carry out the Board’s policies, to operate the Bank in a safe and sound manner, and ensure compliance with this Agreement, applicable laws, rules and regulations. The findings and recommendations of the Compliance Committee shall be set forth in a written report to the Board. At a minimum, the report shall consider:
Board Oversight. The Board shall be responsible for the review and oversight of CHN’s compliance with Federal health care program requirements and the requirements of this CIA. The Board must include independent (e.g, non-employee, non-owner, and non-executive) members. The Board shall, at a minimum, be responsible for the following:
Board Oversight. The Board of Trustees must initially approve the Code of Ethics for the Trust and the Adviser, and the Board of Trustees must approve any material changes to the Code of Ethics within six (6) months of such change. The compliance officer shall (i) promptly notify the Board of any material violation of the Code; (ii) provide to the Board a written report summarizing any and all material issues that arose during the previous year, and (iii) annually certify that the Adviser has adopted procedures in compliance with the Code of Ethics and Rule 17j-1 under the 1940 Act.
Board Oversight. All of the functions undertaken by the Investment Manager hereunder shall at all times be subject to the oversight of the Board of Trustees or any committee or officers of the Company acting under the authority of the Board of Trustees. For the avoidance of doubt, the Investment Manager is responsible for the day to day management of the Funds.
Board Oversight. The Board shall be responsible for the review and oversight of Biotronik’s compliance with Federal health care program requirements, FDA requirements, and the requirements of this CIA. The Board must include at least one independent (i.e., non-employee and non-executive) member. The Board shall, at a minimum, be responsible for the following:
Board Oversight. The Board shall be responsible for the review and oversight of Lincare’s compliance with Federal health care program requirements and the requirements of this CIA. The Board must include at least one independent (e.g, non-owner, non-employee, and non-executive) member. The Board shall, at a minimum, be responsible for the following:
Board Oversight. The Manager shall confer on a regular basis with the Board of Directors of the Company or a designated committee thereof, at regularly scheduled meetings or upon the demand of the Board (in all events at least twice per year), to report matters of materiality and to report the general status of ongoing operations. In addition, the Manager shall, at the request of the Board of Directors upon reasonable prior notice, attend, or cause its representatives to attend, any and all meetings held of the Board, and shall respond to all reasonable inquiries of the directors raised with respect to the Business or the Company.
Board Oversight. 2. Within 30 days of this Agreement, the board of directors of Santander Holdings shall submit to the Reserve Bank written procedures acceptable to the Reserve Bank to strengthen board oversight of management regarding planned capital distributions by Santander Holdings and any subsidiary. The procedures shall, at a minimum, provide for the following actions to be taken prior to requesting approval of proposed dividends or capital distributions (as defined in 12 CFR 225.8(c)(2)) pursuant to the provisions of paragraph 3, below:
