RIGHTS AND DUTIES OF THE Sample Clauses

RIGHTS AND DUTIES OF THE. BANK -----------------------------
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RIGHTS AND DUTIES OF THE contracting parties
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RIGHTS AND DUTIES OF THE. CONCESSIONAIRE
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RIGHTS AND DUTIES OF THE doctoral student The doctoral student reports regularly, detailed and accurate about the development of the dissertation project and to comply with the time and work schedule. The doctoral student agrees to comply with the principles of good scientific practice.
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RIGHTS AND DUTIES OF THE. BENEFICIARIES The persons and/or entities named in the attached Exhibit “B” (including their heirs, assigns or successors) hereof are the Beneficiaries and shall have the sole possession, management and control of the selling, renting, repairing, maintaining and handling of the property. The Trustee shall have no right or duty in respect to any such matters. The Beneficiaries shall have the right to execute leases and collect rents in their own name or through their agents. The Beneficiaries shall have the exclusive right to receive the earnings, avails and proceeds from leases and other uses and from mortgages, sales and other dispositions of the property. Such rights and powers shall be personal property and may be assigned as such. The Beneficiaries shall have the power to direct the Trustee to deal with title to the property. The Beneficiaries shall have the power to remove a Trustee from his office or appoint a successor to succeed him or her. This removal must by in writing, signed by all of the Beneficiaries. Upon Seven (7) days written notice, the Trustee shall deliver all books, records, bank account information, keys, security deposits, leases and funds in his or her possession, and execute any documents necessary to convey title and/or authority over the Trust and the Trust Property to the successor Trustee. The death of any Beneficiary shall not terminate the trust or affect the rights or powers of the Trustee or of the Beneficiaries except as provided by law. By amendment in writing delivered to and accepted by the Trustee, any Beneficiary having a vested interest hereunder shall at any time or times have the right to revoke, alter or amend the provisions of this trust agreement. On the written direction of the Beneficiaries hereof as having the power of direction the Trustee will make deeds for, execute leases or otherwise deal with the title to the trust property including cash or other assets subject to the trust. In the event of the death of any Beneficiary, his or her right and interest hereunder, except as otherwise provided, shall pass to his or her executor or administrator and to his heirs at law. The Beneficiaries may also direct the Trustee to transfer and convey all legal title and ownership to any entity designated by Beneficiaries, which effectively terminates the Agreement. The interest of a Beneficiary, or any part of that interest, may be transferred by a written assignment, executed in duplicate and delivered to the Trustee. ...
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RIGHTS AND DUTIES OF THE. Delaware Corporation as the Surviving Corporation. At the Effective Time, the Surviving Corporation shall thereupon and thereafter possess all the rights, privileges, powers and franchises of a public as well as of a private nature, of each of the Corporations, and be subject to all the restrictions, disabilities and duties of each of the Corporations so merged; and all of the rights, privileges, powers and franchises of each of the Corporations, and all property, real, personal and mixed, and all debts due to either of the Corporations on whatever account, as well for stock subscriptions and all option or warrants for stock of either Corporation, and specifically, without limitation, that certain warrant Number 1 of the Illinois Corporation issued as security to Alexxxxxx X. Xxxx xxx dated as of December 28, 1998, shall be vested in the Surviving Corporation; and all property, rights, privileges, powers and franchises and all and every other interest shall be thereafter the property of the Surviving Corporation as they were of the Corporations; and the title to any real estate, vested by deed or otherwise, under the laws of the State of Illinois or the State of Delaware or otherwise, in either of the Corporations, shall not revert or in any way be impaired by reason of the Merger; provided, that all debts, liabilities and duties of the Corporations, and all rights of creditors and all liens upon any property of either of the Corporations shall thenceforth attach to the Surviving Corporation, and may be enforced against it to the same extent as if said debts, liabilities and duties had been incurred or contracted by it.
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Related to RIGHTS AND DUTIES OF THE

  • Rights and Duties of the Parties 5. The Resident has the right:

  • Rights and Duties The Shareholders shall have the following rights, powers, privileges, duties and liabilities:

  • Rights and Duties of Members Subject to the provisions of Article 3, members will have all of the rights and powers of members as provided under the Act and as otherwise provided by law.

  • Rights and Duties of Rights Agent The Rights Agent undertakes to perform only the duties and obligations expressly set forth in this Agreement and no implied duties or obligations shall be read into this Agreement against the Rights Agent. The Rights Agent shall perform its duties and obligations hereunder upon the following terms and conditions, by all of which the Company and the holders of Right Certificates, by their acceptance thereof, shall be bound:

  • Services and Duties of USBFS USBFS shall provide the following accounting services to the Fund:

  • Powers and Duties of Trustees Section 3.1 General 6 Section 3.2 Investments 6 Section 3.3 Legal Title 7 Section 3.4 Issuance and Repurchase of Shares 7 Section 3.5 Borrow Money or Utilize Leverage 7 Section 3.6 Delegation; Committees 7 Section 3.7 Collection and Payment 8 Section 3.8 Expenses 8 Section 3.9 By-Laws 8 Section 3.10 Miscellaneous Powers 8 Section 3.11 Further Powers 8

  • Delegation of Rights and Duties Agent may, upon any term or condition it specifies, delegate or exercise any of its rights, powers and remedies under, and delegate or perform any of its duties or any other action with respect to, any Loan Document by or through any trustee, co-agent, employee, attorney-in-fact and any other Person (including any Secured Party). Any such Person shall benefit from this Article VIII to the extent provided by Agent.

  • Rights and Duties Upon Termination Upon termination of this Agreement for any reason:

  • Rights and Duties of the Board of Managers (a) The Company is a manager-managed limited liability company. Accordingly, management of the affairs of the Company shall be vested in a Board of Managers (the “Board”). The Persons constituting the Board (each, a “Manager”) will be (i) the “managers” of the Company for all purposes under the Act and (ii) the Board for all purposes under this Agreement. The Board will have the power to act only by a majority of the Managers in accordance with the provisions and in the manner specified herein. A person does not need to be a Member to serve on the Board. The Board will initially consist of three members and shall initially consist of, Nxxxx Xxxxxxx, Jxxx Xxxxxxxxx and Exx Xxxxxxxxx as the Independent Manager, who shall serve until they resign or are replaced by a majority of the Board, and new members of the Board shall be appointed by a majority of the Board. Provided, however, the Members holding 66 2/3% of the Voting Shares can vote to remove and replace a Manager for “Cause” in accordance with Section 2.9. The size of the Board may be increased, including, without limitation, in connection with forming a Special Committee, or decreased from time to time by action of the Board.

  • TERMS AND DUTIES (a) The period of Executive's employment under this Agreement shall be deemed to have commenced as of the date first above written and shall continue for a period of twenty-four (24) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing on each anniversary thereafter, the disinterested members of the board of directors of the Bank ("Board") may extend the Agreement an additional year such that the remaining term of the Agreement shall be twenty-four (24) months unless the Executive elects not to extend the term of this Agreement by giving written notice in accordance with Section 8 of this Agreement. The Board will review the Agreement and Executive's performance annually for purposes of determining whether to extend the Agreement and the rationale and results thereof shall be included in the minutes of the Board's meeting. The Board shall give notice to the Executive as soon as possible after such review as to whether the Agreement is to be extended.

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