RIGHTS AND DUTIES OF THE Clause Examples

RIGHTS AND DUTIES OF THE. BANK -----------------------------
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RIGHTS AND DUTIES OF THE contracting parties 1. The Accommodated Person by signing of this Contract confirms, that he/she has become familiar with the Accommodation Provider´s dormitory rules, he/she fully accepts them and that they are binding for him/her. The dormitory rules define the accommodation conditions, under which the Accommodation Provider provides accommodation and the related services. By signing of this Contract the Accommodated Person agrees with the terms and conditions of the dormitory rules. The dormitory rules shall be always published on a visible place in the dormitory building designated for notifications and on the dormitory internet web site. 2. The Accommodated Person shall be entitled to use the premises given to him/her for the purpose of temporary accommodation, as well as to use the common premises of the accommodation facility and to use the accommodation-related services, all this in accordance with this Contract and with the dormitory rules. 3. The Accommodation Provider shall be obligated to hand over the accommodation premises to the Accommodation Provider in a convenient condition for proper use and to provide for an uninterrupted exercise of his/her accommodation-related rights. 4. The Accommodated Person shall be obligated to use the accommodation premises and the accommodation-related services duly, and the Accommodated Person shall not perform any substantial changes without Accommodation Provider´s approval. 5. The Accommodated Person shall be obligated to maintain the accommodation premises and the equipment in the same condition as in the moment of handing over of the premises to the Accommodated Person and to use the accommodation premises and the equipment in a way that no damage would occur to the Accommodated Person. 6. The Accommodated Person undertakes to get familiar with the safety and health protection regulations and fire protection regulations and undertakes to observe such regulations during the whole term of this Contract, what he/she confirms by signing of this Contract. 7. In case of Accommodation Provider´s responsibility for the things brought into the accommodation premises by the Accommodated Person or for such person, the Sections 433-436 of the Civil Code shall apply. 8. The Accommodation Provider is entitled to enter the Accommodated Person´s room anytime in order to check the usage of the room in accordance with this Contract and with the dormitory rules. The Accommodation Provider is as well entitled in case of fou...
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RIGHTS AND DUTIES OF THE entrepreneur 1. The entrepreneur shall, in conformity with the boarding agreement that has been made, take care of the accommodation and care of the guest animal in a manner that may be expected from a professional entrepreneur. 2. The entrepreneur shall, as much as is possible, make allowances for the individual wishes of the consumer as to accommodation and care of the guest animal. In so far as these wishes are different from the usual procedures, these wishes are recorded in writing and made known to anyone involved in the accommodation and care of the guest animal.
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RIGHTS AND DUTIES OF THE. BENEFICIARIES The persons and/or entities named in the attached Exhibit “B” (including their heirs, assigns or successors) hereof are the Beneficiaries and shall have the sole possession, management and control of the selling, renting, repairing, maintaining and handling of the property. The Trustee shall have no right or duty in respect to any such matters. The Beneficiaries shall have the right to execute leases and collect rents in their own name or through their agents. The Beneficiaries shall have the exclusive right to receive the earnings, avails and proceeds from leases and other uses and from mortgages, sales and other dispositions of the property. Such rights and powers shall be personal property and may be assigned as such. The Beneficiaries shall have the power to direct the Trustee to deal with title to the property. The Beneficiaries shall have the power to remove a Trustee from his office or appoint a successor to succeed him or her. This removal must by in writing, signed by all of the Beneficiaries. Upon Seven (7) days written notice, the Trustee shall deliver all books, records, bank account information, keys, security deposits, leases and funds in his or her possession, and execute any documents necessary to convey title and/or authority over the Trust and the Trust Property to the successor Trustee. The death of any Beneficiary shall not terminate the trust or affect the rights or powers of the Trustee or of the Beneficiaries except as provided by law. By amendment in writing delivered to and accepted by the Trustee, any Beneficiary having a vested interest hereunder shall at any time or times have the right to revoke, alter or amend the provisions of this trust agreement. On the written direction of the Beneficiaries hereof as having the power of direction the Trustee will make deeds for, execute leases or otherwise deal with the title to the trust property including cash or other assets subject to the trust. In the event of the death of any Beneficiary, his or her right and interest hereunder, except as otherwise provided, shall pass to his or her executor or administrator and to his heirs at law. The Beneficiaries may also direct the Trustee to transfer and convey all legal title and ownership to any entity designated by Beneficiaries, which effectively terminates the Agreement. The interest of a Beneficiary, or any part of that interest, may be transferred by a written assignment, executed in duplicate and delivered to the Trustee. ...
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RIGHTS AND DUTIES OF THE. Delaware Corporation as the Surviving Corporation. At the Effective Time, the Surviving Corporation shall thereupon and thereafter possess all the rights, privileges, powers and franchises of a public as well as of a private nature, of each of the Corporations, and be subject to all the restrictions, disabilities and duties of each of the Corporations so merged; and all of the rights, privileges, powers and franchises of each of the Corporations, and all property, real, personal and mixed, and all debts due to either of the Corporations on whatever account, as well for stock subscriptions and all option or warrants for stock of either Corporation, and specifically, without limitation, that certain warrant Number 1 of the Illinois Corporation issued as security to Alex▇▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇ dated as of December 28, 1998, shall be vested in the Surviving Corporation; and all property, rights, privileges, powers and franchises and all and every other interest shall be thereafter the property of the Surviving Corporation as they were of the Corporations; and the title to any real estate, vested by deed or otherwise, under the laws of the State of Illinois or the State of Delaware or otherwise, in either of the Corporations, shall not revert or in any way be impaired by reason of the Merger; provided, that all debts, liabilities and duties of the Corporations, and all rights of creditors and all liens upon any property of either of the Corporations shall thenceforth attach to the Surviving Corporation, and may be enforced against it to the same extent as if said debts, liabilities and duties had been incurred or contracted by it.
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RIGHTS AND DUTIES OF THE. CONCESSIONAIRE
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RIGHTS AND DUTIES OF THE. LP 1) The LP guarantees that it is entitled to represent all partners participating in the operation and that it will strive towards establishing with the partners the division of the responsibilities regarding the operation in the form of agreement. 2) The LP guarantees furthermore, that itself and all its partners have complied with all legal requirements and that all necessary approvals for the correct implementation of the operation have been obtained. 3) The LP lays down the arrangements for its relations with the partners participating in the operation in a Partnership agreement (Annex 2) comprising, inter alia, provisions guaranteeing the sound management of the funds allocated to the operation, including the arrangements for recovering amounts unduly paid. 4) The LP ensures the implementation of the entire operation and shall: 1. inform the MA, within 5 (five) working days from the occurrence of such circumstances, if one of the disbursement conditions ceases to be met, or circumstances arise which entitle the MA to reduce payment or to demand repayment of the subsidy in whole or in part; 2. ensure compliance of the operation with the regulations referred to in the introduction to this contract, as well as with relevant national and European legislation; 3. know, observe and make sure that the partners observe the provisions of the Project Implementation Manual (published on the Programme website (▇▇▇▇://▇▇▇.▇▇▇▇▇▇- ▇▇▇▇.▇▇ ); 4. observe and make sure that all partners observe the national and European legislation on state aid, equal opportunities, sustainable development, environmental protection; 5. ensure that the Practical Guide to Contract Procedures for EU External Actions is strictly followed, when the LP or project partners have to conclude contracts in order to carry out the operation; 6. ensure that all the partners select the final beneficiaries of the operation (representatives of target groups) by a transparent procedure; 7. present and ensure that the partners present their expenditures to the First level controllers for verification (as per Article 7, paragraph 5); 8. ensure that all partners have a proper analytical accounting system; the accounting system must be in line with the national legislation. 5) The LP ensures that the controllers have verified the expenditures presented by the partners, participating in the operation. 6) The aggregated request for payment and the progress report contain information consolidated by the LP ...
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RIGHTS AND DUTIES OF THE doctoral student
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Related to RIGHTS AND DUTIES OF THE

  • Rights and Duties The Limited Shareholders shall have the following rights, powers, privileges, duties and liabilities: (a) The Limited Shareholders shall have the right to obtain from the Sponsor the reports and information as are set forth in Article IX and the list of Participants contemplated by Section 3.5(a)(i). The foregoing rights are in addition to, and do not limit, other remedies available to Limited Shareholders under U.S. federal or state law. (b) The Limited Shareholders shall receive the share of the distributions provided for in this Trust Agreement in the manner and at the times provided for in this Trust Agreement. (c) Except for the Limited Shareholders’ redemption rights set forth in Article VII hereof, Limited Shareholders shall have the right to demand the return of their capital only upon the dissolution and winding up of the applicable Fund or the Trust and only to the extent of funds available therefore. In no event shall a Limited Shareholder be entitled to demand property other than cash unless the Sponsor, as determined in its sole discretion, has specified property for distribution to all Limited Shareholders. No Limited Shareholder shall have priority over any other Limited Shareholder either as to the return of capital or as to profits, losses or distributions. No Limited Shareholder shall have the right to bring an action for partition against the Trust or a Fund. (d) Limited Shareholders, voting together as a single class, or, if the proposed change affects only certain Funds, of each affected Fund voting separately as a class, may vote to (i) continue the Trust as provided in Section 13.l(a), (ii) approve amendments to this Trust Agreement as set forth in Section 11.1 hereof, and (iii) terminate the Trust as provided in Section 13.1(e). Unless otherwise specified in this Trust Agreement or in Delaware of federal law or regulations of rules on any exchange, any matter upon which the Shareholders vote shall be approved by the affirmative vote of Limited Shareholders holding Limited Shares representing at least a majority (over 50%) of the outstanding Limited Shares of the Trust or a Fund, as the case maybe. Except as expressly provided in this Trust Agreement, the Limited Shareholders shall have no voting or other rights with respect to the Trust or any Fund.

  • Rights and Duties of Members Subject to the provisions of Article 3, members will have all of the rights and powers of members as provided under the Act and as otherwise provided by law.

  • Rights and Duties of Rights Agent The Rights Agent undertakes to perform only the duties and obligations expressly imposed by this Rights Agreement (and no implied duties) upon the following terms and conditions, by all of which the Company and the holders of Rights Certificates, by their acceptance thereof, shall be bound: (a) The Rights Agent may consult with legal counsel (who may be legal counsel for the Company or an employee of the Rights Agent), and the written advice or opinion of such counsel shall be full and complete authorization and protection to the Rights Agent and the Rights Agent shall incur no liability for or in respect of any action taken, suffered or omitted by it in accordance with such written advice or opinion. (b) Whenever in the performance of its duties under this Rights Agreement the Rights Agent shall deem it necessary or desirable that any fact or matter (including, without limitation, the identity of any Acquiring Person and the determination of Current Per Share Market Price) be proved or established by the Company prior to taking, suffering or omitting to take any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate signed by any one of the Chairman of the Board, the Chief Executive Officer, the President, any Vice President, the Chief Financial Officer, the Secretary or any Assistant Secretary of the Company and delivered to the Rights Agent; and such certificate shall be full and complete authorization and protection to the Rights Agent and the Rights Agent shall incur no liability for or in respect of any action taken, suffered or omitted to be taken by it in good faith under the provisions of this Rights Agreement in reliance upon such certificate. (c) The Rights Agent shall be liable hereunder to the Company and any other Person only for its own gross negligence, bad faith or willful misconduct (which gross negligence or bad faith must be determined by a final, non-appealable order, judgment, decree or ruling of a court of competent jurisdiction). (d) The Rights Agent shall not be liable for or by reason of any of the statements of fact or recitals contained in this Rights Agreement or in the Rights Certificates (except its countersignature thereof) or be required to verify the same, but all such statements and recitals are and shall be deemed to have been made by the Company only. (e) The Rights Agent shall not have any liability for or be under any responsibility in respect of the validity of this Rights Agreement or the execution and delivery hereof (except the due execution hereof by the Rights Agent) or in respect of the validity or execution of any Rights Certificate (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Rights Agreement or in any Rights Certificate; nor shall it be responsible for any change in the exercisability of the Rights or any adjustment in the terms of the Rights (including the manner, method or amount thereof) provided for in Sections 3, 11, 13, 23 or 24, or the ascertaining of the existence of facts that would require any such change or adjustment (except with respect to the exercise of Rights evidenced by Rights Certificates after receipt by the Rights Agent of a certificate furnished pursuant to Section 12 hereof, upon which the Rights Agent may rely, describing such change or adjustment); nor shall it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any Preferred Shares to be issued pursuant to this Rights Agreement or any Rights Certificate or as to whether any Preferred Shares will, when issued, be validly authorized and issued, fully paid and nonassessable. (f) The Company agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, instruments and assurances as may reasonably be required by the Rights Agent for the carrying out or performing by the Rights Agent of the provisions of this Rights Agreement. (g) The Rights Agent is hereby authorized and directed to accept instructions with respect to the performance of its duties hereunder from any one of the Chairman of the Board, the Chief Executive Officer, the President, any Vice President, the Chief Financial Officer, the Secretary or any Assistant Secretary of the Company, and to apply to such officers for advice or instructions in connection with its duties, and such instructions shall be full authorization and protection to the Rights Agent and the Rights Agent shall not be liable for or in respect of any action taken, suffered or omitted by it in accordance with instructions of any such officer or for any delay in acting while waiting for those instructions. The Rights Agent shall be fully authorized and protected in relying upon the most recent instructions received by any such officer. Any application by the Rights Agent for written instructions from the Company may, at the option of the Rights Agent, set forth in writing any action proposed to be taken, suffered or omitted by the Rights Agent under this Rights Agreement and the date on and/or after which such action shall be taken or suffered or such omission shall be effective. The Rights Agent shall not be liable for any action taken by, or omission of, the Rights Agent in accordance with a proposal included in any such application on or after the date specified in such application (which date shall not be less than five (5) Business Days after the date any officer of the Company actually receives such application, unless any such officer shall have consented in writing to an earlier date) unless, prior to taking any such action (or the effective date in the case of an omission), the Rights Agent shall have received written instructions in response to such application specifying the action to be taken or omitted. (h) The Rights Agent and any shareholder, affiliate, director, officer or employee of the Rights Agent may buy, sell or deal in any of the Rights or other securities of the Company or become pecuniarily interested in any transaction in which the Company may be interested, or contract with or lend money to the Company or otherwise act as fully and freely as though it were not Rights Agent under this Rights Agreement. Nothing herein shall preclude the Rights Agent or any such shareholder, affiliate, director, officer or employee from acting in any other capacity for the Company or for any other Person. (i) The Rights Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either itself (through its directors, officers and employees) or by or through its attorneys or agents, and the Rights Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorneys or agents or for any loss to the Company or any other Person resulting from any such act, default, neglect or misconduct, absent gross negligence or bad faith in the selection and continued employment thereof (which gross negligence or bad faith must be determined by a final, non-appealable order, judgment, decree or ruling of a court of competent jurisdiction). (j) No provision of this Rights Agreement shall require the Rights Agent 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 its rights if it believes that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it. (k) If, with respect to any Rights Certificate surrendered to the Rights Agent for exercise or transfer, the certificate attached to the form of assignment or form of election to purchase, as the case may be, has either not been properly completed or indicates an affirmative response to clause 1 and/or 2 thereof, the Rights Agent shall not take any further action with respect to such requested exercise or transfer without first consulting with the Company.

  • Services and Duties of USBFS USBFS shall provide the following transfer agent and dividend disbursing agent services to the Fund: A. Receive and process all orders for the purchase, exchange, transfer, and/or redemption of Fund shares in accordance with Rule 22c-1 under the 1940 Act, other applicable regulations, and as specified in the Fund's prospectus (the "Prospectus”). B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Trust’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account. C. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Trust's custodian. D. Pay proceeds upon receipt from the Trust's custodian, where relevant, in accordance with the instructions of redeeming shareholders. E. Process transfers of shares in accordance with the shareholder's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus. F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions. G. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans. H. Make changes to shareholder records, including, but not limited to, address and plan changes (e.g., systematic investment and withdrawal, dividend reinvestment). I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus. J. Record the issuance of shares of each Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a record of the total number of shares of each Fund which are authorized, issued and outstanding. K. Prepare ad-hoc reports as necessary at prevailing rates. L. Mail shareholder reports and Prospectuses to current shareholders. M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders. N. Provide shareholder account information upon shareholder or Trust requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Trust. O. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Trust, all as required by applicable federal and state tax laws and regulations. P. Answer correspondence from shareholders, securities brokers and others relating to USBFS’ duties hereunder within required time periods established by applicable regulation. Q. Reimburse the Fund for all material losses resulting from “as of” processing errors for which USBFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto. R. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund S. Provide service and support to financial intermediaries including but not limited to trade placements, settlements, and corrections.

  • Powers and Duties of Trustees Section 3.1 General 6 Section 3.2 Investments 6 Section 3.3 Legal Title 6 Section 3.4 Issuance and Repurchase of Shares 7 Section 3.5 Borrow Money or Utilize Leverage 7 Section 3.6 Delegation; Committees 7 Section 3.7 Collection and Payment 7 Section 3.8 Expenses 7 Section 3.9 By-Laws 7 Section 3.10 Miscellaneous Powers 7 Section 3.11 Further Powers 8