Rights and Responsibilities of the Sponsor Sample Clauses

Rights and Responsibilities of the Sponsor. In connection with the issue and sale of the Trust Preferred Securities and so long as the Securities are outstanding, the Sponsor shall have the right and responsibility (which shall be exclusive except as otherwise set forth herein) to engage in the following activities:
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Rights and Responsibilities of the Sponsor. In accordance with CACFP regulations 7CFR 226 and state agency policy, the sponsor agrees to: Administration
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Rights and Responsibilities of the Sponsor. In connection with the issue, sale and, if necessary, the remarketing of the Preferred Securities, the Sponsor shall have the exclusive right and responsibility to engage in the following activities:
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Rights and Responsibilities of the Sponsor. In accordance with the Child and Adult Care Food Program regulations, the sponsor agrees to: Train providers before they begin participating in the Child and Adult Care Food Program. Offer additional training for providers at a convenient time and place, at least once per contract year. Visit child care homes during the hours of operation to review the meal service and meal records. Respond to provider’s requests for assistance regarding CACFP regulations. Provide all required record keeping forms. If additional reimbursement is owed to the provider, the sponsor will pay the provider the remainder of the food service rate for each meal served to enrolled children, after the sponsor has received payment from the State of New Hampshire. Charge no fee to the provider for the Child and Adult Care Food Program sponsorship. eimburse the provider at the approved U.S. Department of Agriculture rate in effect for the claimed month. Review all records, licenses and other materials submitted by the provider to determine compliance with this agreement in order to allow or deny payment to the provider. Disburse any reimbursement payments for food service due to each child care home within five (5) working days of receipt from the State agency according to Code of Federal Regulations revised as of January 1, 1994, 226.16 sponsoring organization provisions. Inform Tier II day care homes of all of their options for receiving reimbursements for meals served to enrolled children. Upon the request of a Tier II day care home, the sponsor agrees to collect applications and determine the eligibility of enrolled children for free or reduced price meals. The provider and sponsor agree to serve meals to all children without regard to race, sex, color, national origin, age or persons with disabilities.
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Related to Rights and Responsibilities of the Sponsor

  • 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.

  • Rights and Responsibilities This Agreement is our standard service agreement. Under this Agreement, we agree to provide and xxxx for Service, and you agree to use and pay for Service, as provided herein and in our other applicable Terms of Service. Our rights and responsibilities, and your rights and responsibilities, are as set forth in this Agreement and our other applicable Terms of Service.

  • Responsibilities of the Seller Anything herein to the contrary notwithstanding:

  • Duties and Responsibilities of Trustee The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default that may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In the event an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, 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; provided that if an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the rights or powers under this Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security reasonably satisfactory to it against any loss, liability or expense that might be incurred by it in compliance with such request or direction. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act or its own willful misconduct, except that:

  • 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

  • Responsibilities of the Company 3.3.1 The Company shall provide participants of CopyTrade with a complete package of services according to the Customer Agreement. The Company is liable for proper performance of technological solutions according to the Customer Agreement.

  • MANAGEMENT RIGHTS AND RESPONSIBILITIES The Employer through its designated management personnel or agents has the right and responsibility, except as expressly modified by this Agreement, to control, change, and supervise all operations and to direct and assign work to all working forces. Such rights and responsibilities shall include by way of illustration but shall not be limited to: the selection and hiring, training, discipline and discharge, classification, reclassification, layoff, promotion and demotion or transfer of employees; the establishment of work schedules; the allocation of all financial and other resources; the control and regulation of the use of all equipment and other property of the Employer. The Employer shall determine the methods, technological means and qualifications of personnel by and for which operations are to be carried out. The Employer shall take whatever action as may be necessary to carry out its rights in any emergency situation. Application of this Article shall not preclude the use of the grievance procedure as established in this Agreement.

  • ASSOCIATION RIGHTS AND RESPONSIBILITIES The Association shall have, in addition to other rights expressly set forth or provided by statute, the following rights:

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • RESPONSIBILITIES OF THE OWNER The Owner agrees to:

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