Concerning the Manager Clause Samples
The "Concerning the Manager" clause defines the rights, responsibilities, and authority of the manager within an agreement or organizational structure. Typically, this clause outlines the manager's powers to make decisions, oversee operations, and act on behalf of the entity, as well as any limitations or reporting requirements imposed on the manager. By clearly delineating the manager's role, this clause helps prevent disputes over authority and ensures all parties understand the scope of the manager's duties and obligations.
Concerning the Manager. The Manager shall keep or cause to be kept at its own expense proper books of account and records in which shall be entered all transactions effected by the Manager for account of the Trust and shall permit the Trustee from time to time on demand to examine and take copies of or extracts from any such books of account or records.
Concerning the Manager