Power and Duties. The Committee shall have all the powers and duties conferred and imposed upon school committees by law and conferred and imposed upon it by this Agreement, and such other additional powers and duties as are specified in Section 16 to 16I, inclusive, of Chapter 71 of the General Laws and any amendments or additions thereto now or hereafter enacted, or as may be specified in any other applicable general or special law.
Power and Duties. The management of the business of the Company shall be vested in the Board of Directors. They shall be entitled to exercise all the powers and authorities that the Company has and to perform in its name all the acts that it is entitled to do according to its memorandum of association and/or Articles and/or the Companies Law except for those which are pursuant to the Companies Law or the Articles vested in the general meeting of the Company, subject to any provisions in the Companies Law or in these Articles or the regulations that the Company shall adopt in its general meeting (insofar as they do not contradict the Companies Law or these Articles). However any article adopted by the Company in its general meeting shall not affect the legality of any prior act of the Board that would be legal and valid, if not for such an article.
Power and Duties. The officers shall each have such authority and perform such duties in the management of the Corporation as from time to time may be prescribed by the board of directors and as may be delegated by the president or the chief executive officer, if any, without limiting the foregoing.
Power and Duties. Each Lender irrevocably authorizes the Administrative Agent to take such action on such Lender’s behalf and to exercise such powers, rights and remedies hereunder as are specifically delegated or granted to the Administrative Agent by the terms hereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Administrative Agent shall have only those duties and responsibilities that are expressly specified herein. The Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The Administrative Agent shall not have, by reason hereof, a fiduciary relationship in respect of any Lender; and nothing herein, expressed or implied, is intended to or shall be so construed as to impose upon the Administrative Agent any obligations in respect hereof except as expressly set forth herein.
Power and Duties. 3.1 The Employer agrees to employ the Employee as the Managing Director of the Employer. In his position as Managing Director, the Employee will have responsibility for managing the Employer’s activities as appropriate and as required under the guidance of the Employer’s Chief Executive Officer, and he shall have such duties, responsibilities and authority as shall be consistent with that position. The Employee shall report to the Chief Executive Officer of the Employer, and follow his instructions and also instructions from the Employer’s Board of Directors. During the continuance of his employment hereunder, the Employee shall devote his full time, attention, knowledge and skills, and to the best of his ability, in furtherance of the business of the Employer, and shall faithfully and diligently perform such duties and exercise such powers as may from time to time be assigned to or vested in him by the Employer.
Power and Duties. To meet its obligations set forth herein, the Management Company shall have all the powers and duties of the Association as set forth in the Declaration, Bylaws for the Association, and the Rules and Regulations for the Condominium (collectively, the “Condominium Documents”) (except such thereof as are specifically required to be exercised by the Board, the Association or Unit Owners or that are non-delegable under the Condominium Documents or applicable law). By way of illustration and not of limitation, subject to the foregoing, the Management Company’s powers and duties hereunder shall include the following:
Power and Duties. 4.1.1 The Chairman shall preside at all meetings of the Board.
Power and Duties. Notwithstanding any other provision of this Agreement and so long as any obligation secured by the Mortgage (as defined below) remains outstanding and not discharged in full, the General Partner shall have no authority to (except, (a) if such action would not result in a violation of, or default under, the Mortgage, with the vote or written consent of the General Partner and the holders of a majority of the Units of Participation then held by the Limited Partners entitled to vote, or (b) otherwise, with the unanimous vote or written consent of the General Partner and the holders of the Units of Participation): borrow money or incur indebtedness on behalf of the Partnership other than normal trade accounts payable and lease obligations in the normal course of business, or grant consensual liens on the Partnership's property; except, however, that the General Partner is hereby authorized to secure financing for the Partnership pursuant to the terms of the Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing (if any), with AMRESCO CAPITAL, L.P., a Delaware limited partnership (the "Mortgage") and other indebtedness expressly permitted therein or in the documents related to the Mortgage, and to grant a mortgage, lien or liens on the Partnership's Property to secure such Mortgage;
Power and Duties. To meet its obligations set forth in Section 5 above, Condominium Manager shall have all the powers and duties of Condominium as set forth in the Condominium Declaration and any and all other governing documents of the Condominium (the “Condominium Documents”), except such thereof as are specifically required to be exercised by Owners under applicable law, the Condominium Declaration, or this Agreement. Any action, decision or approval by the Condominium Owners and any reference thereof, shall be understood as an action, decision or approval by the Condominium Owners Assembly, adopted pursuant to applicable condominium laws and regulations and Condominium Documents at a meeting duly convened and held pursuant to such laws and regulations. By way of illustration and not of limitation, Condominium Manager’s powers and duties hereunder shall include the following:
Power and Duties. To meet its obligations set forth in Section 5 above, Condominium Manager shall have all the powers and duties of Association as set forth in the Condominium Declaration and any and all other governing documents of the Condominium (the “Condominium Documents”) (except such thereof as are specifically required to be exercised by Association’s board of directors or Unit Owners under applicable law, the Condominium Declaration, or this Agreement). By way of illustration and not of limitation, Condominium Manager’s powers and duties hereunder shall include the following:
