Common use of Retention of XFone USA Clause in Contracts

Retention of XFone USA. I-55 Telecom does hereby hire and appoint XFone USA as Manager to be responsible for the operation and management of all of I-55 Telecom's business operations (the "Business") and XFone USA hereby accepts such appointment as Manager and shall manage the operations of the Business upon the terms set forth herein. Manager agrees to perform all of its obligations under this Agreement in good faith. The management services to be performed by Manager under this Agreement shall be performed by Manager as agent for I-55 Telecom and without limiting the foregoing, I-55 Telecom hereby grants the Manager the authority and powers necessary for the management of the Business in the ordinary and usual course of business generally consistent with past practice, including, without limitation, the following:

Appears in 3 contracts

Samples: Management Agreement (Xfone Inc), Management Agreement (Xfone Inc), Management Agreement (Xfone Inc)

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Retention of XFone USA. I-55 Telecom does hereby hire and appoint XFone USA as Manager to be responsible for the operation and management of all of I-55 Telecom's business operations (the "Business") and XFone USA hereby accepts such appointment as Manager and shall manage the operations of the Business upon the terms set forth herein. Manager agrees to perform all of its obligations under this Agreement in good faith. The management services to be performed by Manager under this Agreement shall be performed by Manager as agent for I-55 Telecom and without limiting the foregoing, I-55 Telecom hereby grants the Manager the authority and powers necessary for the management of the Business in the ordinary and usual course of business generally consistent with past practice, including, without limitation, the following:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xfone Inc)

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Retention of XFone USA. I-55 Telecom Internet does hereby hire and appoint XFone USA as Manager to be responsible for the operation and management of all of I-55 TelecomInternet's business operations (the "Business") and XFone USA hereby accepts such appointment as Manager and shall manage the operations of the Business upon the terms set forth herein. Manager agrees to perform all of its obligations under this Agreement in good faith. The management services to be performed by Manager under this Agreement shall be performed by Manager as agent for I-55 Telecom Internet and without limiting the foregoing, I-55 Telecom Internet hereby grants the Manager the authority and powers necessary for the management of the Business in the ordinary and usual course of business generally consistent with past practice, including, without limitation, the following:

Appears in 1 contract

Samples: Management Agreement (Xfone Inc)

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