Responsibilities of Officers Sample Clauses

Responsibilities of Officers. Chair. The Chair shall serve as the Chair of the Management Committee. The Chair shall preside at all meetings of the Management Committee and shall be responsible for the preparation of the agenda for all meetings of the Management Committee. Vice Chair/Secretary. The Vice Chair/Secretary shall, in the absence or disability of the Chair, perform the duties and exercise the powers of the Chair, and have such other powers and duties as may be prescribed by the Management Committee. The Vice Chair/Secretary shall be responsible to assure there are adequate procedures to distribute the agenda of the meetings of the Management Committee, give notice of the meetings of the Management Committee, keep the Minutes of the proceedings of said meetings, maintain the records of the ERAG and Management Committee, and have such other powers and duties as may be prescribed by the Management Committee.
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Responsibilities of Officers. The parties acknowledge that Holdings has duly elected corporate officers. It is the parties intention that except for the salaried officer positions of Holdings specified on Exhibit I to the Agreement, substantially all of the responsibilities which would normally be carried out by officers of Holdings will be carried out by employees of JMC acting in their capacity as an employee of JMC. The parties further intend that, except at the written direction of the Holdings Board of Directors, and individual who is an officer of Holdings and JMC shall provide only limited administrative services, without compensation, to Holdings in his capacity as an officer of Holdings. Such limited administrative services shall include such things as signing formal documents, as well as any other action required by law of a Holdings officer.
Responsibilities of Officers. All Lieutenants and Captains of the Fire Department are considered to be direct representatives of the Fire Department and of the Fire Chief. It shall be their responsibility to support and enforce all policies and rules of the City of Traverse City. They shall be just, dignified and firm in their dealings with subordinates; shall abstain from violent, abusive and immoderate language in giving orders and directions or in conversation with their subordinates. They shall enforce obedience to rules and orders, and shall promptly report any transgression of laws, rules or orders with adequate sustaining evidence immediately to the Fire Chief. They shall be expected to perform their duties to the utmost of their ability and, in all their actions, to set an outstanding example for their subordinates.
Responsibilities of Officers 

Related to Responsibilities of Officers

  • Duties of Officers Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.

  • Duties of Officers Generally The Officers, in the performance of their duties as such, shall owe to the Company duties of loyalty and due care of the type owed by the officers of a corporation to such corporation and its stockholders under the laws of the State of Delaware.

  • Responsibilities of Adviser Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement:

  • Duties of Officers and Directors Except as otherwise specifically provided in this Agreement, the duties and obligations owed to the Company and to the Board of Directors by the Officers of the Company and by members of the Board of Directors of the Company shall be the same as the respective duties and obligations owed to a corporation organized under the Delaware General Corporation Law by its officers and directors, respectively.

  • Duties and Responsibilities of the Trustees (a) The rights, immunities, duties and responsibilities of the Trustees shall be as provided by this Trust Agreement and there shall be no other duties (including fiduciary duties) or obligations, express or implied, at law or in equity, of the Trustees; provided, however, that if an Event of Default known to the Property Trustee has occurred and is continuing, the Property Trustee shall, prior to the receipt of directions, if any, from the Holders of at least a Majority in Liquidation Amount of the Preferred Securities, exercise such of the rights and powers vested in it by this Trust Agreement, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. Notwithstanding the foregoing, no provision of this Trust Agreement shall require any of the Trustees to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its or their rights or powers, if it or they shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. Whether or not herein expressly so provided, every provision of this Trust Agreement relating to the conduct or affecting the liability of or affording protection to the Trustees shall be subject to the provisions of this Section 8.5. Nothing in this Trust Agreement shall be construed to release any Administrative Trustee from liability for his or her own negligent action, negligent failure to act; or his or her own willful misconduct. To the extent that, at law or in equity, a Trustee has duties and liabilities relating to the Trust or to the Holders, such Trustee shall not be liable to the Trust or to any Holder for such Trustee’s good faith reliance on the provisions of this Trust Agreement. The provisions of this Trust Agreement, to the extent that they restrict the duties and liabilities of the Trustees otherwise existing at law or in equity, are agreed by the Depositor and the Holders to replace such other duties and liabilities of the Trustees.

  • Responsibilities of the Company 3.3.1 The Company shall provide participants of CopyTrade with a complete package of services according to the Customer Agreement. The Company is liable for proper performance of technological solutions according to the Customer Agreement.

  • Duties and Responsibilities of Manager During the Term, subject to the provisions of Section 3.1 herein, Manager shall provide, in exchange for the Management Fee, all such services as are necessary and appropriate for the day-to-day administration and management of Practice in a manner consistent with good business practice, including without limitation those services set forth in this Article 2.

  • Duties and Responsibilities of Trustee The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default that may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In the event an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs; provided that if an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the rights or powers under this Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security reasonably satisfactory to it against any loss, liability or expense that might be incurred by it in compliance with such request or direction. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act or its own willful misconduct, except that:

  • Responsibilities of Sub-Adviser In carrying out its obligations under this Agreement, the Sub-Adviser agrees that it will:

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