Engagement and Duties of Manager Sample Clauses

Engagement and Duties of Manager. During the term of this Agreement, MANAGER shall provide valet parking services to the CITY and its visitors and guests at the CITY’s valet location (the "Locations") listed on, and in accordance with the terms and conditions contained in, Exhibit A, which is attached hereto and hereby made a part hereof (the "Services"). During the term of this Agreement, MANAGER shall have the exclusive right to provide such Services to the CITY and its patrons at the Locations, and the CITY shall not enter into any comparable arrangements for such Services or otherwise interfere with the provision of Services hereunder by MANAGER. MANAGER shall submit to the CITY weekly transaction reports. Reports shall be submitted to the CITY no later than Tuesday of each week for the previous week’s Service activities. Reports shall be submitted electronically to the email address provided by the CITY. MANAGER shall submit the CITY daily Service reports. Reports shall be submitted electronically to the email address provided by the CITY. MANAGER shall submit to the CITY on a monthly invoice statement. MANAGER understands that the CITY disburses payments each Friday of the month and CITY requires a minimum of seven (7) prior to the scheduled due date to review invoice statements and process payments. MANAGER understands that failure to timely submit reports is a violation of this Agreement and the requirements outlined in the Invitation to Bid. Such violation may result in early termination of the Agreement. MANAGER shall not access or use the Locations during non-Service days and hours. MANAGER understands that accessing or utilization of the Locations during non-Service days and hours is a direct violation of this Agreement. MANAGER further understands that tampering with Location equipment and/or property during non-Service hours is a violation of this Agreement. Violation of this section will result in assessment of a penalty of $500 per violation, or at the sole option and discretion of CITY, the termination of the Agreement.
Sample 1
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Engagement and Duties of Manager 
Sample 1

Related to Engagement and Duties of Manager

  • Engagement and Duties 1.1 Commencing as of the Effective Date, and upon the terms and subject to the conditions set forth in this Agreement, the Company hereby engages and employs Executive as an officer of the Company, with the title and designation of Chief Executive Officer of the Company. Executive hereby accepts such engagement and employment.

  • Appointment and Duties of the Manager (a) The Company hereby appoints the Manager to manage the assets of the Company subject to the further terms and conditions set forth in this Agreement and the Manager hereby agrees to use its commercially reasonable efforts to perform each of the duties set forth herein. The appointment of the Manager shall be exclusive to the Manager except to the extent that the Manager otherwise agrees, in its sole and absolute discretion, and except to the extent that the Manager elects, pursuant to the terms of this Agreement, to cause the duties of the Manager hereunder to be provided by third parties.

  • Duties of Manager The Manager, at its own expense, shall furnish the following services and facilities to the Trust:

  • Duties of Managers Except as provided in this Agreement, in exercising their rights and performing their duties under this Agreement, the Managers shall have a fiduciary duty of loyalty and care similar to that of a director of a business corporation organized under the General Corporation Law of the State of Delaware.

  • Appointment and Duties The Trustees shall at all times employ a custodian or custodians, meeting the qualifications for custodians for portfolio securities of investment companies contained in the 1940 Act, as custodian with respect to the assets of the Trust. Any custodian shall have authority as agent of the Trust with respect to which it is acting as determined by the custodian agreement or agreements, but subject to such restrictions, limitations and other requirements, if any, as may be contained in the By-Laws of the Trust and the 1940 Act:

  • POWERS AND DUTIES OF CUSTODIAN As custodian, the Custodian shall have and perform the powers and duties set forth in this Article II. Pursuant to and in accordance with Article IV hereof, the Custodian may appoint one or more Subcustodians (as hereinafter defined) to exercise the powers and perform the duties of the Custodian set forth in this Article II and references to the Custodian in this Article II shall include any Subcustodian so appointed.

  • Rights and Duties of Members Subject to the provisions of Article 3, members will have all of the rights and powers of members as provided under the Act and as otherwise provided by law.

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