CEO. The CEO shall be the chief executive and chief operating officer of the Partnership, shall have general authority for direction of the business and affairs of the Partnership and general supervision over its several officers, subject, however, to the control of the Partnership Governance Committee and shall see that all orders and resolutions of the Partnership Governance Committee or, as applicable, any Auxiliary Committee(s) are carried into effect. The CEO shall be authorized to execute and deliver, in the name and on behalf of the Partnership, (i) contracts or other instruments authorized by Partnership Governance Committee Action and (ii) contracts or instruments in the usual and regular course of business, except in cases when the execution and delivery thereof shall be expressly delegated by the Partnership Governance Committee to some other officer or agent of the Partnership, and, in general, shall perform all duties incident to the office of CEO and such other duties as from time to time may be assigned to him or her by the Partnership Governance Committee (consistent with Section 3.8.(O)) or as are prescribed by this Agreement. Unless otherwise requested by a Representative, the CEO shall attend all meetings of the Partnership Governance Committee.
Appears in 3 contracts
Samples: Credit Agreement (Lyondell Chemical Co), Revolving Credit Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Lyondell Chemical Co)
CEO. The CEO shall be the chief executive and chief operating officer of the Partnership, shall have general authority for direction of the business and affairs of the Partnership and general supervision over its several officers, subject, however, to the control of the Partnership Governance Committee and shall see that all orders and resolutions of the Partnership Governance Committee or, as applicable, any Auxiliary Committee(s) are carried into effect. The CEO shall be authorized to execute and deliver, in the name and on behalf of the Partnership, (i) contracts or other instruments authorized by Partnership Governance Committee Action and (ii) contracts or instruments in the usual and regular course of business, except in cases when the execution and delivery thereof shall be expressly delegated by the Partnership Governance Committee to some other officer or agent of the Partnership, and, in general, shall perform all duties incident to the office of CEO and such other duties as from time to time may be assigned to him or her by the Partnership Governance Committee (consistent with Section 3.8.(O)) or as are prescribed by this Agreement. Unless otherwise requested by a Representative, the CEO shall attend all meetings of the Partnership Governance Committee.be
Appears in 1 contract
Samples: Citgo Petroleum Corp