Responsibilities of the General Manager Sample Clauses

Responsibilities of the General Manager a. The General Manager shall be directly report to the Board. The General Manager shall sit in at the meetings of the Board, and carry out various resolutions of the Board, manage and direct the day-to-day operation and management team of the Joint Venture.
Sample 1
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Responsibilities of the General Manager. The duties of the General Manager shall include (a) overseeing the day-to-day operation of the JV; (b) implementing the resolutions of the Board; (c) organizing and directing the ​ ​ various business and management tasks and responsibilities of the JV; (d) determining the number of BoexrgWarner employees that will provide the services contemplated by Section 7.1(i); (e) approving the engineering services scopes of work contemplated by the Application Engineering Services Agreement; (f) ensuring that the JV and its subsidiaries conduct their activities in compliance with this Agreement; and (g) ensuring that all subsidiaries of the JV are managed and operated in a manner consistent with this Agreement and that no Subsidiary takes any action that the JV could not take under the terms of this Agreement. The General Manager shall be responsible for the preparation of the proposed annual business plan and the JV Budget for approval by the Board and any other reports required by the Board. The JV Budget shall include the projected balance sheet, profit and loss statement and cash transaction report for each fiscal year. Any other reports required by the Board shall be submitted in the form and with such details as defined by the Board. The Board shall examine and approve the JV Budget in accordance with the provisions of Section 11.2(c). The General Manager shall be responsible for the implementation of the plan and the JV Budget approved by the Board. The General Manager shall be authorized to hire and dismiss all officers and employees of the JV other than the Chief Engineer whose removal shall require the approval of the Romeo Director.
Sample 1
Responsibilities of the General Manager. The General Manager shall be nominated by QIFAN and shall be confirmed by and directly responsible to the Board. He shall carry out the various resolutions of the BOARD and in accordance therewith, organize and direct the production, distribution and sales of the PRODUCTS of the COMPANY as well as the day-to-day management and operations of the COMPANY. Within the scope of authorization by the Board, the General Manager shall, externally, represent the COMPANY and, internally, have the right to appoint and dismiss his/her subordinates, and to exercise other responsibilities, powers and duties as authorized by the Board. The COMPANY shall also have divisions as determined by the BOARD on the recommendation of the General Manager. The managers of these divisions shall be responsible respectively for the work of such divisions, and shall handle matters delegated to them by the General Manager and shall be responsible to the General Manager who shall be responsible for appointing and for discharging such division managers. Only the General Manager, or a representative of the COMPANY authorized in writing by the General Manager, shall have the authority to enter into binding commitments, undertakings or obligations in the name and on behalf of the COMPANY.
Sample 1
Responsibilities of the General Manager. 10.2.1 The General Manager of the JV Company shall have the following responsibilities:
Sample 1
Responsibilities of the General Manager. 10.2.1 To implement each resolution adopted at the meetings of the board of directors and all the rules and regulations of the Company, and organize the business activities of the Company in compliance with the articles of association of the Company;
Sample 1

Related to Responsibilities of the General Manager

  • Responsibilities of the Company 11.1 The Company agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, documents, instruments and assurances as may reasonably be required by the Transfer Agent for the carrying out, or performing by the Transfer Agent of the provisions of this Agreement.

  • Responsibilities of Sub-Adviser In carrying out its obligations under this Agreement, the Sub-Adviser agrees that it will:

  • Responsibilities of the Parties 7.1. Rostelecom and the User bear responsibility for non-fulfillment or improper fulfillment of their responsibilities in the Agreement in accordance with the current law of the Russian Federation, (including the Regulations) and the Agreement.

  • Duties and Responsibilities of Manager During the Term of this Agreement, subject to the provisions of Section 3.1, Manager shall provide, in exchange for the Management Fee described herein, all such services as are necessary and appropriate for the day-to-day administration and management of Provider’s business in a manner consistent with good business practice, including, without limitation, those services set forth in this Article 2.

  • Responsibilities of the Sponsor In connection with the issue and sale of the Preferred Securities, the Sponsor shall have the exclusive right and responsibility to engage in the following activities:

  • Responsibilities of Adviser Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement:

  • Responsibilities of the Transfer Agent The Transfer Agent undertakes the duties and obligations imposed by this Agreement upon the following terms and conditions, by all of which the Fund, by its acceptance hereof, shall be bound:

  • Duties and Responsibilities of the Trustee During Default; Prior to Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a particular series and after the curing or waiving of all Events of Default which may have occurred with respect to such series, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default with respect to the Securities of a series has occurred (which has not been cured or waived) the Trustee shall exercise with respect to such series of Securities 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. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own wilful misconduct, except that

  • Duties and Responsibilities of the Servicer (a) The Servicer shall conduct the servicing, administration and collection of the Transferred Loans and shall take, or cause to be taken, all such actions as may be necessary or advisable to service, administer and collect Transferred Loans from time to time on behalf of the Borrower and as the Borrower’s agent.

  • Duties and Responsibilities of the Trustees (a) The rights, immunities, duties and responsibilities of the Trustees shall be as provided by this Trust Agreement and there shall be no other duties (including fiduciary duties) or obligations, express or implied, at law or in equity, of the Trustees; provided, however, that if an Event of Default known to the Property Trustee has occurred and is continuing, the Property Trustee shall, prior to the receipt of directions, if any, from the Holders of at least a Majority in Liquidation Amount of the Preferred Securities, exercise such of the rights and powers vested in it by this Trust Agreement, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. Notwithstanding the foregoing, no provision of this Trust Agreement shall require any of the Trustees to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its or their rights or powers, if it or they shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. Whether or not herein expressly so provided, every provision of this Trust Agreement relating to the conduct or affecting the liability of or affording protection to the Trustees shall be subject to the provisions of this Section 8.5. Nothing in this Trust Agreement shall be construed to release any Administrative Trustee from liability for his or her own negligent action, negligent failure to act; or his or her own willful misconduct. To the extent that, at law or in equity, a Trustee has duties and liabilities relating to the Trust or to the Holders, such Trustee shall not be liable to the Trust or to any Holder for such Trustee’s good faith reliance on the provisions of this Trust Agreement. The provisions of this Trust Agreement, to the extent that they restrict the duties and liabilities of the Trustees otherwise existing at law or in equity, are agreed by the Depositor and the Holders to replace such other duties and liabilities of the Trustees.

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