Management Right definition

Management Right means the right of a Member to participate in the management of the Company, to vote on any matter, and to grant or to withhold consent or approval of actions of the Company.
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Management Right means, with respect to any Partnership Interest, the right of the Person last admitted as a Partner in respect of such Partnership Interest to participate in the management of the business and affairs of the Partnership in accordance with the Partnership Act and this Agreement, including but not limited to the right to consent to or approve certain actions of the Partnership.
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Examples of Management Right in a sentence

  • Each PMI Management Right shall have the terms and conditions described in the Prospectus, the Indenture and the Administration Agreement.

  • A grievance shall be defined as a dispute between the County and The Association arising over the interpretation or application of a specific aspect of this agreement which is not a Management Right.

  • Brown University, in not exercising any Management Right hereby reserved to it in this Article, or in exercising any such Management Right in a particular way, will not be deemed to have waived its right to exercise such Management Rights or preclude Brown University from exercising the Management Rights in some other manner.

  • A grievance shall be defined as a dispute between the County and the Association arising over the interpretation or application of a specific aspect of this Agreement which is not a Management Right.

  • A grievance shall be defined as a dispute between the County and The Association arising over the interpretation or application of a specific aspect of this Agreement which is not a Management Right.

  • No action taken by Brown University with respect to a Management Right shall be subject to the Grievance and Arbitration procedures unless the exercise of such right directly violated an expressly written provision of this Agreement.

  • The decision to grant or disallow bonus time, including the promulgation of any standards or procedures for awarding bonus time, shall be considered as the exercise of a Management Right allowed by Article 3 of this Agreement.

  • It is solely a Management Right to make the determination when overtime is necessary.

  • Both parties shall sign the annex hereto headed "Xiangzhang Garden Property Management Right Entrust Agreement" before the Delivery Date hereunder, and Manwide Holdings or the other company designated by it shall be entitled to obtain all the property management right of Xiangzhang Garden in future thereunder.

  • By seeking input the District does not waive any of its Management Right outline in Article 41 of this Agreement.

Related to Management Right

  • Management Unit means an area established by the Commission for management purposes.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Development rights means any right or combination of rights reserved by a declarant in the declaration to:

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.