Division of Management Responsibilities Sample Clauses

Division of Management Responsibilities. With the authorisation of the Supervisory Board, the members of the Executive Board may distribute management responsibilities between them. This distribution of powers may not, however, prevent the accountable managers (dirigeants responsables), within the meaning of banking regulations, from carrying out their missions and obligations as defined in the French Monetary and Financial Code (Code monétaire et financier). Neither may it cause the Executive Board to lose its role as the collective management body. The accountable managers must determine the operational policy of the Company. The members of the Executive Board shall also present to the Supervisory Board the breakdown of their respective powers. Action taken by individual members of the Executive Board within their field of expertise shall be deemed to have been taken collectively and shall be binding on the entire Executive Board. However, the Executive Board may decide that any action imposing an obligation on the Company in excess of a periodically defined amount shall require prior authorisation from the Executive Board, under the penalty of the author bearing personal responsibility vis-à-vis the Company and its shareholders.
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Division of Management Responsibilities. The Contract Services specified in this Agreement reflect the managerial and policy decisions of COMMISSION. Beyond the types of services identified herein, COMMISSION may identify the task within the scope of this Agreement to be performed by COUNTY, and the portion of the recent budget to be allocated thereto, including, but not limited to, the location, and nature of specific projects. The COUNTY shall have responsibility for the operational management of the actual service. In cases where specific professional standards are applicable to the design or performance of such task, the COUNTY’S designated officer in charge (”OIC”), the designee, shall have the authority for decision making within that realm. The relevant COUNTY Department Director or the OIC shall be available on a regular basis to COMMISSION authorized designee to provide consultation and recommendations as contemplated herein.
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Division of Management Responsibilities. During the term of this Participation Agreement, the County or, its designee at the Airport, shall have the continuing right and authority to manage and direct, in general terms and in accordance with the Airport’s Security Plan, the provision of law enforcement services as set forth in this agreement, including, but not limited to, deployment of personnel and equipment. However, where specific professional standards are applicable to the actual implementation of such law enforcement services, the Sheriff or his designated officer in charge of personnel assigned to the Airport shall have the authority for decision making as to those specific law enforcement matters. The Sheriff or his designated officer in charge shall be available to the County or, its designated Airport representative, on a regularly scheduled basis to provide consultation and recommendations related to general management decisions regarding law enforcement services at the Airport.
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Division of Management Responsibilities 
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Related to Division of Management Responsibilities

  • Client Responsibilities You are responsible for (a) assessing each participants’ suitability for the Training, (b) enrollment in the appropriate course(s) and (c) your participants’ attendance at scheduled courses.

  • Joint Responsibilities 2.1.1 University and Affiliate each will identify, and notify each other of, a person responsible for serving as its liaison during the course of this affiliation. The appointment of liaisons shall be subject to mutual approval of the parties.

  • Development Responsibilities Unless the Parties agree in writing upon an alternate allocation of responsibility, the Parties shall have the following rights and obligations with respect to operational responsibilities under each Development Plan:

  • Allocation of Responsibilities The persons responsible for the Plan and the duties and responsibilities allocated to each are as follows:

  • ALPS’ Responsibilities In connection with its performance of TA Web, ALPS shall:

  • Joint Responsibility If the Seller determines that the Interface Problem is attributable partially to the design of a Warranted Part and partially to the design of any Supplier Part, the Seller will, if so requested by the Buyer, seek a solution to the Interface Problem through cooperative efforts of the Seller and any Supplier involved. The Seller will promptly advise the Buyer of such corrective action as may be proposed by the Seller and any such Supplier. Such proposal will be consistent with any then existing obligations of the Seller hereunder and of any such Supplier towards the Buyer. Such corrective action, unless reasonably rejected by the Buyer, will constitute full satisfaction of any claim the Buyer may have against either the Seller or any such Supplier with respect to such Interface Problem.

  • Delegation of Responsibilities The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

  • Trust Responsibilities In connection with its use of AVA, the Trust, through its service providers, shall:

  • Duties and Responsibilities of Manager During the Term, subject to the provisions of Section 3.1 herein, Manager shall provide, in exchange for the Management Fee, all such services as are necessary and appropriate for the day-to-day administration and management of Practice in a manner consistent with good business practice, including without limitation those services set forth in this Article 2.

  • Scope of Delegated Responsibilities (a) SELECTION OF ELIGIBLE FOREIGN CUSTODIANS. Subject to the provisions of this Section 3.2, the Foreign Custody Manager may place and maintain the Foreign Assets in the care of the Eligible Foreign Custodian selected by the Foreign Custody Manager in each country listed on Schedule A, as amended from time to time. In performing its delegated responsibilities as Foreign Custody Manager to place or maintain Foreign Assets with an Eligible Foreign Custodian, the Foreign Custody Manager shall determine that the Foreign Assets will be subject to reasonable care, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by that Eligible Foreign Custodian, after considering all factors relevant to the safekeeping of such assets, including, without limitation the factors specified in Rule 17f-5(c)(1).

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