Recommendations; Hiring and Replacing Professionals Sample Clauses

Recommendations; Hiring and Replacing Professionals. Prepare, advise and assist with recommendations for the development, entitlement, permitting, construction, sale and marketing of the Wholly-Owned Properties, to the extent set forth in the respective Development Plans, and submit to Owner any and all recommendations relating to services to be performed by the members of the Design Team and any others for the Wholly-Owned Properties, all of which shall be independent contractors. Owner acknowledges that, in certain circumstances, it may be appropriate to contract for the performance of services with an Affiliate of Development Manager; provided, however, that in each such instance, the services shall be on terms no less favorable to Owner than those reasonably available from unaffiliated parties and Owner shall have reasonably approved such contract. Notwithstanding anything to the contrary contained herein, any decision by Owner to amend, terminate or exercise any remedy under any contract between Owner and an Affiliate of Development Manager may be made unilaterally by Owner in accordance with the terms and conditions of the particular contract (but the foregoing will not reduce the obligation of Development Manager to enforce such contracts and to keep Owner informed of the status thereof and of any rights that may be exercised thereunder). The identity, affiliation , rates and contracts of the members of the Design Team or any others to be engaged by Owner (with a contract price in excess of $100,000.00, which price shall include any termination fees or penalties) with respect to any Wholly-Owned Property must be approved by Owner in advance. Development Manager shall, for all contracts with a payment in excess of the lesser of $1,000,000 or 15% of the total cost of the Wholly-Owned Property subject to such contract (excluding the cost of the land for such Property) ensure that all proposed contractors or providers complete the “Request for Qualifications” form attached hereto as Exhibit “D”, which shall be submitted to Owner for its approval together with background checks and other investigations reasonably satisfactory to Owner and performed by an investigation service reasonably approved by Owner. The Parties hereby acknowledge and anticipate that with respect to the Mission Bay Project the Requirements may require an alternative form to the “Request for Qualifications” form attached hereto as Exhibit “D”. If the Requirements require that Development Manager use a form other than the “Request for Q...
AutoNDA by SimpleDocs
Recommendations; Hiring and Replacing Professionals. Advise and assist with recommendations for the development, entitlement, permitting, construction, sale and marketing of the Venture Property.
Recommendations; Hiring and Replacing Professionals. Hire, on behalf of Owner, all necessary laborers, tradesmen, suppliers, contractors, materialmen, project managers, assistant project managers, foremen, assistant foremen, project accountants, assistant project accountant, office workers and other personnel deemed necessary by Developer, and engage on behalf of Owner all necessary engineers, architects and consultants. Prepare recommendations for the construction and development of the Project, and submit to Owner any and all recommendations relating to services to be performed by the Architect, Construction Manager, Engineer and any others for the Project, all of which shall be independent contractors.

Related to Recommendations; Hiring and Replacing Professionals

  • Auditors’ Management Letters Promptly after the receipt thereof, any auditors’ management letters are received by the Borrower or by its accountants;

  • Collaboration Management Promptly after the Effective Date, each Party will appoint a person who will oversee day-to-day contact between the Parties for all matters related to the management of the Collaboration Activities in between meetings of the JSC and will have such other responsibilities as the Parties may agree in writing after the Effective Date. One person will be designated by Merck (the “Merck Program Director”) and one person will be designated by Moderna (the “Moderna Program Director,”) together will be the “Program Directors”. Each Party may replace its Program Director at any time by notice in writing to the other Party. Any Program Director may designate a substitute to temporarily perform the functions of that Program Director by written notice to the other Party. The initial Program Directors will be: For Moderna: [***] For Merck: [***]

  • Outside Activities of Limited Partners Subject to any agreements entered into by a Limited Partner or its Affiliates with the General Partner, Partnership or a Subsidiary, any Limited Partner and any officer, director, employee, agent, trustee, Affiliate or stockholder of any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership or that are enhanced by the activities of the Partnership. Neither the Partnership nor any Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner or Assignee. Subject to such agreements, none of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any business ventures of any other Person, other than the Limited Partners benefiting from the business conducted by the General Partner, and such Person shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures to the Partnership, any Limited Partner or any such other Person, even if such opportunity is of a character which, if presented to the Partnership, any Limited Partner or such other Person, could be taken by such Person.

  • Adviser Personnel All investment personnel of the Adviser, when and to the extent engaged in providing investment advisory services and managerial assistance hereunder, and the compensation and routine overhead expenses of such personnel allocable to such services, shall be provided and paid for by the Adviser and not by the Company.

  • Coordination, Oversight and Monitoring of Service Providers As set forth in the Administrative Services Agreement between the Fund and CRMC, CRMC shall coordinate, monitor and oversee the activities performed by the Service Providers with which AFS contracts. AFS shall monitor Service Providers’ provision of services including the delivery of Customer account statements and all Fund-related material, including summary prospectuses and/or prospectuses, shareholder reports, and proxies.

  • Compensation of the Local Manager For the services rendered, the facilities furnished and expenses assumed by the Local Manager, MSIM shall pay to the Local Manager a fee in an amount to be determined from time to time by MSIM and the Local Manager but in no event in excess of the amount that MSIM actually received for providing services to the Fund pursuant to the Advisory Agreement.

  • Outside Activities of the Limited Partners Subject to the provisions of Section 7.5, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner.

  • Audit Reports; Management Letters; Recommendations Promptly after any request by the Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of any Loan Party by independent accountants in connection with the accounts or books of any Loan Party or any of its Subsidiaries, or any audit of any of them.

  • Review Systems; Personnel It will maintain business process management and/or other systems necessary to ensure that it can perform each Test and, on execution of this Agreement, will load each Test into these systems. The Asset Representations Reviewer will ensure that these systems allow for each Review Receivable and the related Review Materials to be individually tracked and stored as contemplated by this Agreement. The Asset Representations Reviewer will maintain adequate staff that is properly trained to conduct Reviews as required by this Agreement.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.