Operation Management Clause Examples
Operation Management. 2.1 Party B and the Shareholders hereby agree to accept and strictly follow the advices provided by Party A and its designated subsidiaries from time to time in connection with the appointment and dismissal of employees, daily operation management and financial management system of the company.
2.2 Party B and the Shareholders hereby agree that the Shareholders will, in accordance with the procedures provided by the laws and regulations of the PRC and articles of association of the company, appoint Party A’s designated persons to serve as directors of Party B and assure that the person designated by Party A will be the chairman of the board or executive director of Party B, and will appoint persons designated by Party A to serve as the general manager, chief financial officer and other senior management personnel of Party B.
2.3 If any of such directors or senior management personnel designated by Party A as set out above leaves Party A, whether by voluntary resignation or termination of employment by Party A, such person shall simultaneously become unqualified to hold any position in Party B. In such case, the Shareholders shall immediately or cause Party B to immediately remove such person from his/her position in Party B, and immediately elect and appoint another person additionally designated by Party A to take such position.
2.4 For the purpose of Clause 2.3 above, the Shareholders shall, in accordance with the provisions of laws, articles of association of the company and this Agreement, take all necessary corporate actions to complete above removal and appointment procedures
2.5 Each of the Shareholders hereby agrees that, at the same time when this Agreement is executed, to respectively issue a Power of Attorney to Party A in the form and substance of Exhibit 1 hereto, whereby the Shareholder will irrevocably authorize Party A or its designated person to exercise shareholders’ rights on his/her behalf and to exercise all of his/her voting rights at Party B’s shareholders’ meeting in the name of such Shareholder.
Operation Management. 11.1 The SII set up by Party A is responsible for the operation of the Sino-foreign cooperative education institution. Party A appoints the Chinese xxxx and other management personnel of the SII to be responsible for the teaching and daily management of students of SII. Party B appoints Italian xxxx of SII to supervise the academic standards of degree courses of SII and perform other tasks of Party B.
11.2 According to the requirements of the Joint Management Committee, SII shall perform the following duties:
11.2.1 Implement the decisions of the Joint Management Committee;
11.2.2 Formulate the annual plan, rules and regulations of SII;
11.2.3 Employ teachers and management personnel according to personnel procedures, and formulate incentive and performance management system for teaching staff;
11.2.4 Be responsible for the enrolment and admission of institutions;
11.2.5 Organize and implement teaching and scientific research activities to ensure teaching quality;
11.2.6 Be responsible for the teaching and daily management of students of the SII;
11.2.7 Be responsible for the administration of SII;
11.2.8 Prepare the annual budget, submit it to the Joint Management Committee for review, and carry out teaching activities according to the approved budget, etc;
11.2.9 Prepare the annual final accounts report and submit it to the joint management committee for examination and approval;
11.2.10 Execute other tasks of the Joint Management Committee.
Operation Management. Analytical studies and implementation support for: (a) operation and asset maintenance practices; (b) a pilot energy optimization driver advisory system to reduce fuel consumption and greenhouse gas, with scalability across DFCs; (c) the adoption of climate resilient design and construction methodologies in Indian Railway codes to aid future construction of DFC; and (d) a framework for environment and social management for future DFC sections to international standards.
Operation Management a. YBC will operate and manage the public marina at the Property; and may engage in normal activities which are incidental to the operation of the marina and will receive all income derived from such operation, with the exception of a License Agreement between the City and Magnolia Blossom Cruises.
b. YBC will staff Watergate Marina for regular hours that must be posted at the facility. During boating season (May 1-October 31), Watergate Marina will be staffed at a minimum during the following days and times: Boating Season Hours Monday-Friday 9:00 a.m. -7:00 p.m. Saturday-Sunday 8:00 a.m. - 8:00 p.m. Non-Boating Season Hours By Appointment
c. On-site Manager. YBC will provide an on-site manager at Managed Area. Such manager shall be made know to City and will be on-site at the Managed Area for a minimum average of forty hours weekly during the summer season.
d. YBC is permitted to have access to Watergate facility outside of public hours, for security purposes. For this purpose, YBC is granted full access to the premises at all times, except as specifically stated otherwise herein.
e. YBC will operate and staff the gas dock and pump out during the term of this Agreement.
f. YBC will offer boat dockage, launching, and boat/trailer storage services, rates for which will be annually submitted to the CITY for approval before boating season.
g. YBC will annually submit its standard lease and storage customer agreements to the CITY for approval before boating season.
h. YBC may choose to provide marine repair service and/or offer marine parts for retail sale.
i. YBC may act as a boat dealership and offer boats for public sale. The CITY, at its sole discretion, has the right to limit the number of and the location of boats that may be on the Property for this purpose at any one time.
j. YBC may offer boats and marine equipment for rental.
k. YBC may not engage in any business or enterprise that is not permitted in this Management Agreement, including but not limited to a restaurant or boat construction, without the express written consent of the CITY.
l. YBC may provide security coverage for the Property at its own expense.
m. YBC may contract with CITY for city provided services such as trash hauling or trades work at an agreed upon service level and rate, which will not discount the CITY's cost for providing such service.
Operation Management. Ji Xxxx Xxx shall be appointed as CEO of the Company responsible managing the daily operations of the Company
Operation Management. 9.1 Any and all operational data and information to be exchanged between IEC and Telecom in connection with the implementation of this Agreement, including, without limitation, for purposes of Purchase Orders, Change Requests, follow up on implementation and Delivery of Services and billing, shall be communicated through a dedicated two-way automatic data transfer link between IEC and Telecom's respective IT systems as shall be mutually designed by IEC and Telecom.
9.2 Each of IEC and Telecom shall bear its own costs and expenses associated with the implementation and operation and all logistic aspects, of the dedicated automatic data transfer link between IEC and Telecom's respective IT systems, referred to in Section 9.1 hereof. Any such cost which cannot reasonably be attributed to either Party shall be borne equally by IEC and Telecom.
9.3 Each of IEC and Telecom shall appoint managers who shall serve as the point of contact for the management, coordination and cooperation between the Parties for purposes of submission and approvals of Purchase Orders and the performance and rendition of Services, including Maintenance Services.
Operation Management. (a) the Target Company will become a sino-foreign equity joint venture in accordance with the relevant laws and regulations of the PRC; and
(b) the Target Company and Xiaoyi ILNG intend to make profit guarantees in favour of the Company. Details of the profit guarantee will be further negotiated by the parties. Upon completion of the transactions, the Company and/or the designated company within the Group shall hold a controlling shareholding of more than 50% of enlarged share capital of the Target Company. The Target Company shall then become a subsidiary of the Company and its financial results will be consolidated into the Group’s consolidated financial statement. Pursuant to the New Framework Agreement, the Framework Agreement dated 18 March 2019 entered into between the Company, the JV Subsidiary and the Target Company as disclosed in the announcement of the Company dated 18 March 2019 will be superseded and terminated. In the event of any inconsistency between the New Framework Agreement and the Framework Agreement, the New Framework Agreement shall prevail.
Operation Management a) Network Operations Center- including customer support monitoring and reboots, troubleshooting and remote hands functions for the customer
b) Network Services- including network infrastructure design, customer network design, customer network build/configuration/test and network troubleshooting.
c) Security Services- including VPN configuration/support, firewall support, IDS support and vulnerability scans.
d) DNS/IP Services- including IP management, DNS management and SPAM/Abuse management.
e) Internet/Telecom Services- including Internet bandwidth management, local circuit provisioning and telecom support for the data centers
f) Application Management Services- as requested and agreed to by NaviSite depending on the managed application
g) Customer response and management- general customer support including: space, power and cross connect add-ons, providing answers to billing questions, incident handling and operations projects, implementations and project management, renewals SPAM handling, customer communications and special requests such as de-racking equipment.
Operation Management. Under the supervision of Board of Directors, General Manager is authorized to in charge of the Management and Operation of the whole company.
Operation Management. Between the Effective Date and Closing Seller shall operate and manage the Property in good faith in the same manner as operated and managed heretofore; provided that the Seller shall not, without the prior written consent of Buyer (which consent shall not be unreasonably withheld or delayed), enter into any transaction with respect to or affecting the Property out of the ordinary course of business, suffer the creation of any lien affecting the Property, enter into any new lease, equipment lease, service, maintenance, repair or other contract affecting all or any portion of the Property which shall survive Closing or amend or terminate any of the Leases or Service Agreements. In the event Seller wishes to obtain Buyer’s approval for any of the foregoing, Seller shall notify Buyer in writing and include all relevant information/documentation. As soon as possible thereafter, but no more than five (5) business days after receipt of Seller’s notice, Buyer shall then notify the Seller in writing as to whether it approves or disapproves the Seller’s proposed action. If Buyer disapproves the Seller’s proposed action, Buyer shall state its reason (s) for such disapproval in the notice back to the Seller.