Rights and Obligations of Manager Sample Clauses

Rights and Obligations of Manager. (a) The Members hereby designate Member Number 1 as the Manager of the Company. Member Number 1 will continue to serve as the Manager of the Company until such time as: (i) the Members unanimously agree that Member Number 1 will cease to serve as the Manager; (ii) Member Number 1 is no longer a Member of the Company; or (iii) the Company is dissolved and wound up in accordance with the provisions of Article XII.
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Rights and Obligations of Manager. Subject to the limitations and conditions set forth in this Agreement, the City acknowledges and agrees that the Manager has the sole and exclusive right and obligation to operate, manage and maintain the Public Access Components and Manager hereby agrees that it will operate, manage and maintain the Public Access Components as part of its operation of the Project pursuant to this Agreement and the City Agreements. Relative to the foregoing and subject to the limitations contained in this Agreement, Manager shall have the sole and exclusive right to determine operating policy, standards of operation, quality of service and any other matters affecting the operation, management and maintenance of the Public Access Components. The City agrees that it will reasonably cooperate with the Manager’s efforts to permit and assist Manager to carry out its duties hereunder.
Rights and Obligations of Manager 

Related to Rights and Obligations of Manager

  • Rights and Obligations of Members Section 6.1

  • Rights, Powers and Obligations of Manager d. The Company is organized as a “member-managed” limited liability company.

  • Rights and Obligations of the Parties 13.2.1 The client shall be under obligation:

  • Rights and Obligations of Party B 1、乙方应当具有海事管理机构批准的资质,并保持相应的应急清污能力。

  • Rights and Obligations of Party A I. Rights of Party A

  • Rights and Obligations of Both Parties 3.1 Party A’s rights and obligations

  • Rights and Obligations of Limited Partners Section 8.1 Limitation of Liability 27 Section 8.2 Management of Business 27 Section 8.3 Outside Activities 27 Section 8.4 Return of Capital 27 Section 8.5 Rights of Limited Partners Relating to the Partnership 27

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Rights and Obligations of Each Fund The rights and obligations set forth in this Agreement with respect to each repurchase transaction shall accrue only to the Participating Funds in accordance with their respective interests therein. No other Fund shall receive any rights or have any liabilities arising from any action or inaction of any Participating Fund under this Agreement with respect to such repurchase transaction.

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

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