Delegations of power Sample Clauses

Delegations of power. The Chief Executive Officer of the Portfolio Management Company shall have full powers with the power to substitute itself for the purpose of carrying out the transaction successfully, and in particular: - To approve the valuation of the assets and final exchange ratio. - To transfer to the Absorbing SICAV all securities included in the assets of the Absorbed Fund, sign to this effect all necessary deeds and documents, establish all confirmatory, additional or amending deeds that may be necessary, perform all necessary acts and formalities to facilitate the transfer of the assets of the Absorbed Fund to the Absorbing SICAV. - To comply with all formalities, make all declarations, in particular to the finance departments, and provide all notices to whomever. - In the event of difficulties, to engage or monitor all bodies.
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Delegations of power. The Chairperson and Chief Executive Officer of the SICAV of the Absorbed Sub-fund and the Deputy Chief Executive Officer of the Absorbing Mutual Fund's Management Company will have all powers to substitute for the effect of completing the transaction, and in particular: - To approve the valuation of the assets and final exchange ratio. - Transfer to the Absorbing Mutual Fund all the securities contained in the assets of the Absorbed Sub-fund, to this end sign all acts and documents that are useful, establish all confirmatory, complementary or amending acts that may be necessary, carry out all acts and formalities that are useful to facilitate the transmission of the assets of the Absorbed Sub-fund of the SICAV to the Absorbing Mutual Fund. - To comply with all formalities, make all declarations, in particular to administrations dealing with financial matters, and provide all notices to whomever. - In the event of difficulties, to engage or monitor all bodies.

Related to Delegations of power

  • Delegation of Powers Subject to any limitations set forth in the Act, the member(s) may delegate any of its powers to officers of the Company or to committees consisting of persons who may or may not be member(s). Every officer or committee shall, in the exercise of the power so delegated, comply with any restrictions that may be imposed on them by the member(s).

  • Delegation of Power (a) Any Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purpose of executing any documents contemplated in Section 2.7(a), including any registration statement or amendment thereto filed with the Commission, or making any other governmental filing; and

  • FUNCTIONS OF MANAGEMENT 4.01 The Union agrees that the Employer has the exclusive right and power to manage its business to direct the working forces and to suspend, discharge or discipline employees for just and sufficient cause, to hire, promote, demote, transfer or lay-off employees, to establish and maintain reasonable rules and regulations covering the operation of the stores, provided however, that any exercise of these rights and powers in conflict with any of the provisions of this Agreement shall be subject to the provisions of the Grievance Procedure as set out herein.

  • Delegations 26. The Commonwealth Minister may delegate the assessment of performance against milestones and the authorisation of related project payments to senior Commonwealth officials, having regard to the financial and policy risks associated with those payments. Dispute resolution

  • Obligations of Management Each officer and key employee of the Company is currently devoting substantially all of his or her business time to the conduct of the business of the Company. The Company is not aware that any officer or key employee of the Company is planning to work less than full time at the Company in the future. No officer or key employee is currently working or, to the Company’s knowledge, plans to work for a competitive enterprise, whether or not such officer or key employee is or will be compensated by such enterprise.

  • Limitation of Powers Each Trust shall be constituted solely for the purpose of making the investment in the Equipment Notes provided for in the related Trust Supplement, and, except as set forth herein, the Trustee shall not be authorized or empowered to acquire any other investments or engage in any other activities and, in particular, the Trustee shall not be authorized or empowered to do anything that would cause such Trust to fail to qualify as a “grantor trust” for federal income tax purposes (including, as subject to this restriction, acquiring any Aircraft (as defined in the respective Indentures) by bidding such Equipment Notes or otherwise, or taking any action with respect to any such Aircraft once acquired).

  • REPRESENTATIONS OF MANAGER The Manager represents, warrants and agrees that:

  • Conditions of Manager’s Obligations The obligations of the Manager hereunder are subject to (i) the accuracy of the representations and warranties on the part of the Company, the Adviser and the Administrator on the date hereof, any applicable Representation Date, as of each Time of Sale and as of each Settlement Date and Time of Delivery, (ii) the performance by the Company, the Adviser and the Administrator of their obligations hereunder and (iii) to the following additional conditions precedent.

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described.

  • Rights, Powers and Obligations of Manager d. The Company is organized as a “member-managed” limited liability company.

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