General Duties of Manager Sample Clauses

General Duties of Manager. Manager shall be directly responsible for the day-to-day management of the Property, subject to such general guidelines and instructions as the Owner may issue from time to time. Notwithstanding anything to the contrary contained herein, all final decisions respecting the management of the Property shall be made by Owner. Manager shall at all times do and perform all things reasonably necessary to effectuate the purposes and intentions embodied in this Agreement so that the Property is operated at all times in a manner consistent with prudent business practice and in accordance with any and all leases, subleases and contracts to which the Property is subject, and any and all other laws, statutes, ordinances and regulations of any governmental authority having jurisdiction over Owner, the Property or Manager.
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General Duties of Manager. Manager shall be directly responsible for the day-to-day management of the Property, subject to such general guidelines and instructions as the Owner may issue from time to time. Notwithstanding anything to the contrary contained herein, all final decisions respecting the management of the Property shall be made by Owner. Manager shall at all times do and perform all things reasonably necessary to effectuate the purposes and intentions embodied in this Agreement so that the Property is operated at all times in a manner consistent with prudent business practice and in accordance with any and all leases, subleases and contracts to which the Property is subject, and any and all other laws,
Sample 1
General Duties of Manager. The Manager will:
Sample 1
General Duties of Manager. The Manager shall, consistent with and subject to the terms of this Agreement, provide to and for the benefit of the Owner, as Owner’s agent, such management services as are usually and customarily performed by managers of First-Class facilities similar to the Hotel, all at Owner’s expense, generally in accordance with the Hotel’s annual business plan and its various budgets, (The “Annual Plan”), and so long as Owner does not impair Manager’s ability to perform its duties and to maintain a First-Class operation by withholding sufficient working capital or otherwise; and, (without limiting the generality of the foregoing), the Manager is hereby authorized to and shall provide the following general duties: maximize patronage; prepare budgets; install and maintain a booking system; develop and maintain marketing programs; employ, train and supervise the hotel staff (the “Employees”); maintain and repair the Hotel; collect all charges; grant concessions and leases; establish accounting systems and render periodic financial reports; and consult with Owner concerning all policies and procedures affecting the Hotel; and all such other duties as are detailed below.
Sample 1
General Duties of Manager. (a) From and after the date hereof until the earlier of the date (the "Termination Date") i) on which the parties mutually agree that this Management Agreement shall terminate or ii) specified by Iridium in a Termination Notice (as defined below) pursuant to Section 1.1(b), the Manager shall, subject to the direction and oversight of the Board of Directors of the Company (the "Company Board") and subject to the Manager observing and complying with the Memorandum of Association and Bye-Laws of the Company, supervise and manage the day-to-day operations of the Company. The Manager shall implement or cause to be implemented all policy decisions relating to the operations of the Company approved by the Company Board and shall conduct or cause to be conducted the ordinary and usual business and affairs of the Company in accordance with and as limited by this 3 Management Agreement. The Manager shall have the authority on behalf of the Company to take all actions and make all decisions (including and in addition to those described in Sections 1.2 through 1.14) other than as provided in Article 3.
Sample 1
General Duties of Manager. (a) From and after the date hereof until the earlier of the date (the "Termination Date") (i) on which the parties mutually agree that this Management Agreement shall terminate or (ii) specified by Iridium in a Termination Notice (as defined below) pursuant to Section 1.1(b), the Manager shall, subject to the direction and oversight of the Board of Directors of the Company (the "Company Board") supervise and manage the day-to-day operations of the Company. The Manager shall implement or cause to be implemented all policy decisions relating to the operations of the Company approved by the Company Board and shall conduct or cause to 2 be conducted the ordinary and usual business and affairs of the Company in accordance with and as limited by this Management Agreement. The Manager shall have the authority on behalf of the Company to take all actions and make all decisions (including and in addition to those described in Sections 1.2 through 1.14) other than as provided in Article 3.
Sample 1
General Duties of Manager. The Manager shall consistent with and subject to the terms of this Agreement, provide to and for the benefit of the Owner, as Owner’s Agent, all management services which are necessary or appropriate for the operation of the Business in an effective and professional manner. Except as provided herein, the expenses of operation shall be borne by Owner based on the cash flows of the Business, in accordance with agreed Annual Plans. However, it is understood that the compensation to Manager set forth in this Agreement is intended to compensate Manager for the time and effort of Manager’s employees and overheads associated therewith, and the Manager shall not be entitled to additional payment or other compensation with respect to those services except for such reasonable out-of-pocket expenditures by Manager for which this Agreement expressly provides for reimbursement. Without limiting the generality of the foregoing, the Manager is hereby authorized to and shall:
Sample 1
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General Duties of Manager. From and after the date hereof until the earlier of the date (the "IWCL Termination Date") (i) on which IWCL and Iridium mutually agree that this Agreement shall terminate with respect to IWCL or (ii) specified by Iridium in an IWCL Termination Notice (as defined below) pursuant to Section 1.2, the Manager shall, subject to the direction and oversight of the Board of Directors of IWCL (the "IWCL Board") and any committee thereof, and subject to the Manager observing and complying with the Memorandum of Association and Bye-Laws of IWCL, supervise and manage the day-to-day operations of IWCL. The Manager shall implement or cause to be implemented all policy decisions relating to the operations of IWCL approved by the IWCL Board or any committee thereof and shall conduct or cause to be conducted the business and affairs of IWCL in accordance with and as limited by this Agreement. The Manager shall have the authority on behalf of IWCL to take all actions and make all decisions (including and in addition to those described in Sections 1.2 through 1.14 and 1.18) other than as provided in Sections 1.19 through 1.21.
Sample 1
General Duties of Manager. From and after the date hereof until the earlier of the date (the "Operating Termination Date") (i) on which Operating and Iridium mutually agree that this Agreement shall terminate with respect to Operating or (ii) specified by Iridium in an Operating Termination Notice (as defined below) pursuant to Section 2.4, the Manager shall, subject to the direction and oversight of the Board of Directors of Operating (the "Operating Board") or any committee thereof and subject to the Manager observing and complying with the Limited Liability Company Agreement of Iridium Operating LLC dated December 18, 1997 (the "Operating LLC Agreement"), supervise and manage the day-to-day operations of Operating. The Manager shall implement or cause to be implemented all policy decisions relating to the operations of Operating approved by the Operating Board or any committee thereof and shall conduct or cause to be conducted the business and affairs of Operating in accordance with and as limited by this Agreement. The Manager shall have the authority on behalf of Operating to take all actions and make all decisions (including and in addition to those described in Sections 2.4 through 2.17).
Sample 1

Related to General Duties of Manager

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

  • General Duties It shall be the duty of the Owner Trustee to discharge (or cause to be discharged) all of its responsibilities pursuant to the terms of this Agreement and the Sale and Servicing Agreement and to administer the Trust in the interest of the Holder, subject to the Basic Documents and in accordance with the provisions of this Agreement. Notwithstanding the foregoing, the Owner Trustee shall be deemed to have discharged its duties and responsibilities hereunder and under the Basic Documents to the extent the Servicer has agreed in the Sale and Servicing Agreement to perform any act or to discharge any duty of the Trust or the Owner Trustee hereunder or under any Basic Document, and the Owner Trustee shall not be liable for the default or failure of the Servicer to carry out its obligations under the Sale and Servicing Agreement.

  • 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.

  • DUTIES OF MSS 1.01 Subject to the terms and conditions set forth in this Agreement, the Trust hereby employs and appoints MSS to act, and MSS agrees to act, as transfer agent for the Trust’s authorized and issued shares of beneficial interest of each class of each portfolio of the Trust (the “Shares”), and as dividend disbursing and redemption agent for the Trust.

  • 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.

  • Certain Duties and Responsibilities of Trustee (a) The Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing of all Events of Default with respect to the Securities of that series that may have occurred, shall undertake to perform with respect to the Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • Duties of the Manager (a) The Manager shall, subject to the direction and control of the Trust’s Board of Trustees (i) (except to the extent an investment subadviser (each, a “Subadviser”), as defined below, has been retained in respect of some or all of the assets of the Fund) furnish continuously an investment program for the Fund and make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities; and (ii) provide reports on the foregoing to the Board of Trustees at each Board meeting.

  • Services and Duties of USBFS USBFS shall provide the following accounting services to the Fund:

  • DUTIES OF GFS GFS’s duties with respect to Fund Accounting, Fund Administration and Transfer Agency services are detailed in Appendices I, II and III to this Agreement.

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