Common use of Managing Director Clause in Contracts

Managing Director. Unless the Board of Directors otherwise specifies, the Managing Director shall have direct charge of all business operations of the Company and, subject to the control of the Board of Directors, shall supervise and have general charge of the business of the Company and shall keep the Board of Directors reasonably informed of his or her actions.

Appears in 1 contract

Samples: Shareholders' Agreement (Penske Automotive Group, Inc.)

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Managing Director. Unless The Managing Director, if appointed, shall be a director of the Corporation, shall manage the operations of the Corporation generally, and may exercise such other powers and authority and shall perform such other duties as may from time to time be prescribed by the Board. During the absence or disability of the Chairman of the Board and/or the President, or if no Chairman of Directors otherwise specifiesthe Board and/or President have been appointed, the Managing Director shall also have direct charge of all business operations the power and duties of the Company and, subject to the control Chairman of the Board of Directors, shall supervise and have general charge of and/or the business of the Company and shall keep the Board of Directors reasonably informed of his or her actionsPresident.

Appears in 1 contract

Samples: Security Agreement (Stratcomm Media LTD)

Managing Director. Unless 6.3.1 The Company shall have a managing director and the managing director shall be appointed by the Board of Directors otherwise specifies, in accordance with the Managing Director Companies Act. The managing director shall have direct charge of all business operations of fulfil the Company and, subject to the control of the Board of Directors, shall supervise and have general charge of the business of the Company and shall keep the Board of Directors reasonably informed of his or her actionsduties that are carried out by a chief executive officer.

Appears in 1 contract

Samples: feed.stamdata.com

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Managing Director. Unless The Managing Director shall, under the direction of the Member and Board of Directors otherwise specifiesManagers, perform all duties incident to the office of Managing Director and shall have direct charge of all business operations of such powers and discharge such duties as may be assigned to him or her, from time to time, by the Company andother Officers, subject to the control of the Board of Directors, shall supervise and have general charge of Managers or the business of the Company and shall keep the Board of Directors reasonably informed of his or her actionsMember.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Leasehold Resource Group LLC)

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