Authority Matrix definition

Authority Matrix means the summary of the authority and responsibilities ascribed to each of the Board, the Management Board and the Company’s shareholders, attached hereto as Exhibit B.
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Authority Matrix means the decision-making authority as it relates to the project scope and budget as defined in Schedule “C”;
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Authority Matrix means the authority matrix approved by the Board from time to time setting out the delegation of certain matters relating to the operation of the Group (excluding, for the avoidance of any doubt, Shareholder Reserved Matters and Board Reserved Matters);
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Examples of Authority Matrix in a sentence

  • To the extent set forth in and subject to the terms of the Delegation of Authority Matrix attached as Exhibit 10 hereto, the Owner hereby delegates authority to the Servicer to carry out the Servicer’s servicing and administration duties with respect to the Non-Agency Mortgage Loans without obtaining the Owner’s prior written approval.

  • Altisource will ensure that all code violations affecting a property which have been filed are resolved and cured within Delegated Authority Matrix guidelines.

  • Unless in compliance with the Delegation of Authority Matrix, the terms of any Non-Agency Mortgage Loan may only be modified, varied or forgiven with the prior written consent of the Owner while the Non-Agency Mortgage Loan remains outstanding.

  • If a requested Change Order exceeds the authorized amounts in the Delegated Authority Matrix, Altisource will follow the Defined Escalation Process for review and approval of the Change Order request.

  • Altisource will make reasonable commercial efforts to minimize total overall cost of maintaining Rental Property based on Residential Customer Design Specifications and Delegated Authority Matrix for approval of repairs.

  • Altisource will authorize certain Change Orders based on the Delegated Authority Matrix to be performed without delay.

  • In the event estimated repairs exceed pre-authorized amounts per the Delegated Authority Matrix, Altisource will follow the Defined Escalation Process for approval.

  • In addition to those matters requiring shareholder approval under applicable Law, matters that are subject to the approval of the Company’s shareholders are specified in the Bye-Laws and the Authority Matrix.

  • Subject to the terms and conditions of the MSA, Altisource shall provide, or cause to be provided, to Residential, and any of Residential’s Affiliates, the Property Preservation and Inspection Services with regard to REO Properties within the Delegated Authority Matrix and per direction and mutual agreement of Residential as required for each Service.

  • Unless otherwise specified in the Bye-Laws or the Authority Matrix or pursuant to a specific authority given by the CEO to another Senior Executive, all the authorities of the Management Board shall be exclusively exercised by the CEO.


More Definitions of Authority Matrix

Authority Matrix means the list of specified matters concerning any Property WFOE that require the Management Committee Approval. Board means all or some of the Directors acting as a board of directors of the Company. Business means the business carried on by the Group from time to time, which, immediately after the Completion Date comprises:
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