Common use of Vice Presidents Clause in Contracts

Vice Presidents. Each of the vice-presidents shall assist the president in the discharge of the president’s duties as the president may direct and shall perform such other duties as from time to time may be assigned to him by the chairman, the president or the Management Committee. In the absence of the president or in the event of his inability or refusal to act, the vice-presidents in the order of seniority of tenure as vice-president shall perform the duties of the president, and when so acting, shall have all the powers of the president. Except in those instances in which the authority to execute is expressly delegated to another officer or agent of the Partnership or a different mode of execution is expressly prescribed by the Management Committee, each of the vice-presidents may execute for the Partnership any contracts, deeds, mortgages, bonds or other instruments which the Management Committee has authorized to be executed.

Appears in 36 contracts

Samples: Estates Limited Partnership Agreement (Kimball Hill, Inc.), Limited Partnership Agreement (Kimball Hill, Inc.), Partnership Agreement (Kimball Hill, Inc.)

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Vice Presidents. Each of the vice-presidents shall assist the president in the discharge of the president’s duties as the president may direct and shall perform such other duties as from time to time may be assigned to him by the chairmanchairman and chief executive officer, the president or the Management Committee. In the absence of the president or in the event of his inability or refusal to act, the vice-presidents in the order of seniority of tenure as vice-president shall perform the duties of the president, and when so acting, shall have all the powers of the president. Except in those instances in which the authority to execute is expressly delegated to another officer or agent of the Partnership Company or a different mode of execution is expressly prescribed by the Management Committee, each of the vice-presidents may execute for the Partnership Company any contracts, deeds, mortgages, bonds or other instruments which the Management Committee has authorized to be executed.

Appears in 18 contracts

Samples: LLC Operating Agreement (National Credit & Guaranty CORP), LLC Operating Agreement (National Credit & Guaranty CORP), Kimball Hill Homes Illinois, LLC Operating Agreement (National Credit & Guaranty CORP)

Vice Presidents. Each of the viceVice-presidents Presidents shall assist the president President in the discharge of the president’s President's duties as the president President may direct and shall perform such other duties as from time to time may be assigned to him or her by the chairmanExecutive Chairman, the president President or the Management Committee. In the absence of the president President, or in the event of his or her inability or refusal to act, the viceVice-presidents Presidents, in the order of seniority of tenure as viceVice-president President shall perform the duties of the presidentPresident, and when so acting, shall have all the powers of the presidentPresident. Except in those instances in which the authority to execute is expressly delegated to another officer or agent of the Partnership Company, or a different mode of execution is expressly prescribed by the Management Committee, each of the viceVice-presidents Presidents may execute for the Partnership Company any contracts, deeds, mortgages, bonds or other instruments which the Management Committee has authorized to be executed.

Appears in 1 contract

Samples: Operating Agreement (Kimball Hill, Inc.)

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Vice Presidents. Each of the vice-presidents shall assist the president in the discharge of the president’s duties as the president may direct and shall perform such other duties as from time to time may be assigned to him by the chairman, the president or the Management Committee. In the absence of the president or in the event of his inability or refusal to act, the vice-presidents in the order of seniority of tenure as vice-president shall perform the duties of the president, and when so acting, shall have all the powers of the president. Except in those instances in which the authority to execute is expressly delegated to another officer or agent of the Partnership or a different mode of execution is expressly prescribed by the Management Committee, each of the vice-presidents may execute for the Partnership any contracts, deeds, mortgages, bonds or of other instruments which the Management Committee has authorized to be executed.

Appears in 1 contract

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP)

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