Management Duties Sample Clauses

Management Duties. Capital shall supervise the operation of the Facility, provide management services, install operating procedures and oversee day-to-day operations, all subject to and in accordance with the budgets approved by and policies established by Owner.

Management Duties. Except as otherwise specified in this agreement, the duties and obligations of the Managers in relation to the Venture will include the following:

Management Duties. The Partners shall have equal rights in the management of the partnership business including the authority to bind the Partnership in making contracts and incurring obligations in the name and on the credit of the firm. Without the consent of the other partner neither partner shall on behalf of the partnership borrow or lend money, or make, deliver, or accept any commercial paper, or execute any mortgage, security agreement, bond, or lease, or purchase or contract to purchase, or sell or contract to sell any property for or of the partnership other than the type of property bought and sold in the regular course of its business.

Management Duties. It shall be the responsibility of the Manager to perform or to cause to be performed reasonable and necessary management duties ("Management Duties") with respect to the Power Transfer System, including but not limited to the following: (a) To cause the Property and the Power Transfer System to be serviced and maintained in good condition and repair, and to perform such alterations or improvements it deems desirable or necessary for the efficient operation thereof (provided that material alterations and improvements shall be subject to the prior written consent of SR Partnership); (b) To take such action as may be necessary to keep the Power Transfer System in compliance with any and all requirements of SCE pursuant to the power purchase contracts applicable to the electricity transmitted through the Power Transfer System or otherwise; (c) To take such action as may be necessary to comply promptly with any orders or requirements affecting the Power Transfer System imposed by any federal, state or local government having jurisdiction over the Power Transfer System, giving prompt written notice to the Co-Tenants of any such order or requirement; (d) Promptly to investigate all accidents or damages relating to the ownership, operations or maintenance of the Power Transfer System, and to cooperate with and make any reports required by any insurance company in connection therewith; (e) To undertake and to perform, or to cause to be performed, or to promptly advise the Co-Tenants of the necessity to undertake and to perform, all other acts or actions necessary or desirable to the efficient, safe, lawful, and economical operation of the Power Transfer System (provided that material actions shall be subject to the prior written consent of SR Partnership); (f) To keep insured and pay all insurance premiums for reasonable casualty and commercial general liability insurance of, and all real property and personal property taxes, special assessments, and similar levies imposed with respect to, the Power Transfer System; (g) To maintain reserves, as necessary, to pay Power Transfer System Operating Costs; and (h) To hire employees, or to delegate obligations, or enter into contracts, as necessary and reasonable, to carry out any of the foregoing.

Management Duties. Any employee who is requested by Management to perform Management duties shall be paid a premium of two ($2.00) dollars per hour for all hours worked in that capacity. Prior to doing so, it will be mutually agreed between the Company and the Union as to what those duties will be. In the event that a bargaining unit employee is temporarily assigned to a salaried position, their duties for the day will be clearly outlined and if the employee has any concerns about their ability to perform any of those duties, they will be given clear direction on how to do them or exempted from having to.

Management Duties. The General Partner will manage the Partnership and the Business in a reasonable manner.

Management Duties. Duties and obligations of the Management Committee in relation to the Venture will include the following:

Management Duties. 2.1 The Managing Director shall be entitled and obliged to represent the Company and to manage its business in accordance with all applicable laws and statutory regulations, the articles of association, the rules of administration, if any, as well as the provisions of this Contract. He is also bound by shareholders’ resolutions. 2.2 The Managing Director shall be responsible for all measures taken in the day-to-day running and the development of the business of the Company. For all matters exceeding the day-to-day running of the business of the Company, the Managing Director shall require the prior consent of the shareholders’ meeting. Appendix 1 hereto contains a list of measures which will always need the prior approval of the shareholders’ meeting. This list may be adapted or altered by the shareholders’ meeting from time to time. 2.3 The Managing Director shall report to ▇▇▇▇ ▇▇▇▇▇▇▇ on a regular basis regarding the business of the Company. 2.4 The Managing Director shall manage the business of the Company with the care and diligence of a prudent businessman and shall faithfully perform the duties entrusted to him by law, by the articles of association or by this Contract. He shall be obliged to serve and promote the business of the Company to the best of his ability; for this purpose he shall place all his knowledge and ability as well as his entire working capacity at the disposal of the Company. The Managing Director is prohibited from carrying out any paid activity for a third party, including, in particular any activity on behalf of Norddeutsche Landesbank or any other bank creditor of Miro computer products AG, Korean Data Services or Miro Computer Products AG or any subsidiary thereof unless such activity is approved by the Company in writing in advance. However, it is understood that ▇▇. ▇▇▇▇▇ will perform certain duties for Miro AG and subsidiaries during the period of this contract and will not receive ongoing or future compensation for such duties. Prior written consent is also necessary for the acceptance of all positions on supervisory, advisory or administrative boards or similar bodies as well as honorary positions. 2.5 Subject to the provisions of this Contract and in particular subject to his responsibility for the day-to-day running and the development of the business of the Company, the Managing Director shall during his employment under this Contract perform such duties and exercise such powers as the Company may from time to time a...

Management Duties. In addition to the Disengagement Services, during the Disengagement Period the Manager will continue to perform such Management Duties as are requested by the Company and the Company will continue to pay the Fees, costs and expenses for such Management Duties during the Disengagement Period. During the Disengagement Period this Agreement will remain in force and, if purportedly terminated earlier, will only terminate at the end of the Disengagement Period.