Partnership Management. The Limited Partner (as such) shall not participate in the management or control of the Partnership’s business (within the meaning of the Act), nor shall it have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner.
Partnership Management. Xxxxx Fargo Bank and PayPal will conduct weekly (or other mutually agreed timeframe) conference calls to review: • all outstanding issues/problems • product enhancements planned by either party • systems changes/upgrades and applicable launch scheduled • post mortem on problem resolution
Partnership Management. Section 5.1 Role of General Partner. The Partnership will be managed exclusively by the General Partner. Except for actions as to which the approval of Limited Partners is expressly required by this Agreement or by law, the General Partner will have complete discretion and authority over the property and assets of the Partnership and the conduct of its business.
Partnership Management. Section 6.1 Management and Control of Partnership Business 24
Partnership Management. 3.1 There will be a Management Board initially made up of the Key Representatives. The terms of reference of the Management Board are set out in Schedule 3 to this Agreement.
Partnership Management. Funding. No funding mechanism or agreement is contemplated or reached by this DSA. If necessary, funding terms needed to carry out the purpose of this DSA will be agreed upon by the parties and will be memorialized in a contract between the parties pursuant to Ind. Code Ch. 4-13-2, the Indiana Financial Reorganization Act of 1947.
Partnership Management. Amendments. No alteration or variation of the terms of this DSA are valid unless made in writing, signed by the parties hereto, and approved by the OCDO. No oral understanding or agreement not incorporated herein shall be binding on the parties.
Partnership Management. The general partner has full, exclusive and complete discretion in the management and control of the Partnership. The General Partner agrees to manage and monitor the Partnership's affairs to the best of its ability and to conduct the operations provided in this Agreement carefully and reasonably and in accordance with good industry practice. The General Partner is only required to devote the part of his time that is reasonably necessary to manage the Partnership's business, and it is understood that the General Partner is not obliged to devote his time 13.02
Partnership Management. The Parties agree to hold bilateral meetings as necessary. Details of any bilateral meeting will be decided by mutual agreement. Exchange of study tours and senior-level visits will be paid by the sending Party and facilitated by the receiving Party. Both Parties will finance joint research, seminars, workshops or forums. If both Parties are agreed, they will also aid each other’s fund-raising efforts for such collaborative activities or cooperate to increase external funding sources.
Partnership Management. The following project bodies have been set up to ensure transparent, equal, and efficient administration: The steering committee follows up the pursuit of the progress of the project. This committee is made up of a contact person of every partner and will meet every six months during the transnational meetings. The steering committee will give a mandate to a budget control advisory committee to control the budget. If any dispute arises between the parties regarding the subject of this agreement, it will in the first instance be referred to the steering committee, whose members will endeavour to resolve the dispute within thirty (30) days calculated from the date of receipt of the request for negotiation. The agenda of the steering committee will be made up by the coordinator and sent to all partners at the latest one week before the meeting. All partners can ask the coordinator to add a topic to the agenda at the latest a week and a half before the fixed meeting in order to prepare the agenda. Decisions of the steering committee will be made as much as possible by consensus. If asked for by a partner a vote can be held. Decisions will be taken in that case by the majority of the partners present, each partner having one vote. In the case of an undecided vote, the chairperson shall have the casting vote. Minutes of the meetings will be send to each partner within 30 calendar days of the meeting. The minutes shall be considered as accepted if, within 15 calendar days from sending, no member has objected in writing to the chairperson with respect to the accuracy of the draft of the minutes. The chairperson shall send the accepted minutes to all the members of the steering committee. To prevent the further execution of the programme from stalling no permanent veto rights are granted. The Project Manager is the individual delegated by the core team to run the daily management activities. The Project Manager is based at the KU Leuven. He or she is directly accountable and has reporting duties to the steering committee. The budget control advisory committee receives the mandate to control the budget and to report regularly to the steering committee (at least once before every transnational meeting). This advisory committee consists of representatives of the partners and the central financial office of the KU Leuven: Central financial office of the KU Leuven (coordinator of this committee): Financial Monitoring of Project and Contracts International Projects Xxx...
