Duties and Obligations of Manager Clause Samples

The "Duties and Obligations of Manager" clause defines the specific responsibilities and expected conduct of the manager within an agreement. It typically outlines tasks such as overseeing daily operations, ensuring compliance with relevant laws, maintaining accurate records, and acting in the best interests of the company or stakeholders. By clearly delineating these duties, the clause helps prevent misunderstandings and sets standards for accountability, ensuring that the manager’s role and performance expectations are transparent and enforceable.
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Duties and Obligations of Manager. Manager shall take all actions which may, in its sole discretion, be reasonably necessary or appropriate in connection with the authority granted to it in accordance with the provisions of this Management Agreement. Manager shall devote to its responsibilities such time as may be reasonably necessary for the proper performance of all duties hereunder. The standard of performance by Manager in managing the Casino Facility shall be measured by commercial standards of reasonableness in the industry consistent with good business practices and policies. An organizational chart detailing the supervisory and management positions and all other employees of the Manager will be provided by Manager to Owner.
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Duties and Obligations of Manager. 10 Section 3.1. Investments.............................................10 Section 3.2. Time Devoted to Partnership Business....................10 Section 3.3.
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Duties and Obligations of Manager. To the maximum extent permitted under the Act, the only duty that the Manager owes to the Company, any Member or any other Person (including any creditor of any Member or assignee of any interest in the Company), fiduciary or otherwise, are to perform its contractual obligations as expressly set forth in this Agreement consistently with the implied contractual covenant of good faith and fair dealing, in accordance with the duties of care and loyalty as set forth in this Section 5.4. The Manager, in its capacity as such, shall have no other duty, fiduciary or otherwise, to the Company, its Members or any other Person (including any creditor of any Member or any assignee of any Membership Interest in the Company).
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Duties and Obligations of Manager. (a) The Manager shall take all actions which may be necessary or appropriate (i) for the continuation of the Company’s valid existence as a limited liability company under the Act and (ii) for the accomplishment of the Company’s purposes. (b) The Manager shall devote to the Company such time as may be necessary for the proper performance of all duties hereunder, but the Manager shall not be required to devote full time to the performance of such duties.
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Duties and Obligations of Manager. The Manager shall perform the duties of the Company under Article 4 of the Tribe Management Agreement with respect to the management and operation of the Enterprise and the Facility.
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Duties and Obligations of Manager. The Managers must take all actions which may be necessary or appropriate (a) for the continuation of the Company's valid existence as a limited liability company under the laws of the State of Florida, and (b) for the accomplishment of the Company's purposes in accordance with the provisions of this Agreement and applicable laws and regulations. The Managers are under a fiduciary duty to conduct the affairs of the Company in the best interests of the Company and of the Members, including the safekeeping and use of all Company property and the use for the exclusive benefit of the Company.
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Duties and Obligations of Manager. The following are the duties and obligations of the Manager: a. Act as the administrator of the Farmers Market, thereby exercising general supervision over the Farmers Market and all of its activities; b. Keep the operation of the Farmers Market functioning smoothly and effectively, while ensuring it is producer oriented; c. Create rules and regulations governing vendor operations, to be approved by the City, in its sole discretion; d. Apply and enforce the Farmers Market rules and regulations governing vendor operations; e. Arrive to the ▇▇▇▇▇▇’▇ Market prior to its opening each week to prepare the Town Center Plaza for the vendors, including but not limited to, insuring the availability of electrical connections for vendors, cleaning the Town Center Plaza or garbage or debris, and erecting appropriate signage for the Farmers Market; f. Obtain and maintain, throughout the Term and any Renewal Term, general liability insurance for the Farmers Market, in appropriate amounts and coverages, as set forth in Paragraph 10 of this Agreement; g. Solicit potential vendors providing local products, including but not limited to produce, plants, flowers, seafood, food for sale, arts and crafts, nuts, baked goods, breads, pastas, jams, jellies and any other products common in a producer-oriented Farmers Market; h. Create a venue for a kids’ tent, as part of the operation of the Farmers Market, on an intermittent basis, based upon interest; i. Present all proposed vendors to the City for approval in the City’s sole discretion; j. Ensure that all vendors maintain general liability insurance covering their operations and any employees working for vendors at the Farmers Market during all times that the vendors are selling goods at the Farmers Market; k. Require vendors to submit Certificates of Insurance for such insurance coverage; l. Keep all vendor Certificates of Insurance on file, and provide copies to the City; m. Collect vendor fees from all vendors in accordance with this Agreement, which are to be retained by the Manager; n. Ensure that all vendors are in compliance with City and St. Louis County health and sanitary codes; o. Inform vendors that they may be subject to and must consent to background checks; p. Organize and administer a system allowing vendors to reserve and check-out tables and tents for their booths and return the tables and tents at the conclusion of each day of operation; q. Manage end of market activities, including the removal of tables and te...
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Duties and Obligations of Manager 
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Related to Duties and Obligations of Manager

  • Duties and Obligations The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02), and, (c) except as expressly set forth in the Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Loan Party or any Subsidiary that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02) or in the absence of its own gross negligence or willful misconduct as determined by a final nonappealable judgment of a court of competent jurisdiction. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or in connection with any Loan Document, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v) the creation, perfection or priority of Liens on the Collateral or the existence of the Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

  • Duties and Obligations of Employee Employee shall serve as Executive ------------------------------------- Vice President. Employee shall report to CEO or other individual designated by the Board of Directors of the Company. Employee shall faithfully and diligently perform all professional duties and acts as may be requested and required of Employee by Company or its Directors. Employee shall devote such time and attention to the business of Company as shall be required to perform the required services and duties. Employee at all times during the employment term shall strictly adhere to and obey all policies, rules and regulations established from time to time governing the conduct of employees of Company

  • Duties and Obligations of Administrative Agent The Administrative Agent shall not have any duties or obligations except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing (the use of the term “agent” herein and in the other Loan Documents with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law; rather, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties), (b) the Administrative Agent shall have no duty to take any discretionary action or exercise any discretionary powers, except as provided in Section 11.03, and (c) except as expressly set forth herein, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or under any other Loan Document or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or in any other Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, (v) the satisfaction of any condition set forth in Article VI or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent or as to those conditions precedent expressly required to be to the Administrative Agent’s satisfaction, (vi) the existence, value, perfection or priority of any collateral security or the financial or other condition of the Borrower and its Subsidiaries or any other obligor or guarantor, or (vii) any failure by the Borrower or any other Person (other than itself) to perform any of its obligations hereunder or under any other Loan Document or the performance or observance of any covenants, agreements or other terms or conditions set forth herein or therein. For purposes of determining compliance with the conditions specified in Article VI, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received written notice from such Lender prior to the proposed closing date specifying its objection thereto.

  • Rights and Obligations of the Parties 5.2.1. The client is obliged to: 5.2.1.1. Check for an SMS at the moment of issuance of a card, by which means they will receive a pin code, or check the integrity of the envelope in which the pin code is given; 5.2.1.2. Regularly review and abide by card usage and security regulations developed by the Bank, and not allow disclosure of the card and/or pin-code to the third persons; 5.2.1.3. Reimburse those bank expenses which are related to additional service costs of VISA and Mastercard (if any); 5.2.1.4. Use the card to pay the Bank any commission fee related to card servicing (producing, renewal, including in the international stop-list, etc.) and processing card transactions consistent with the tariff established by the Bank and/or international payment systems; 5.2.1.5. Perform transactions on the card account only within the limits of the available balance. The Bank shall impose a penalty on an intentionally or erroneously overspent amount in excess of the available balance according to the tariff established by the Bank for each day of using the surcharge amount; 5.2.1.6. Promptly fill surcharged amount; 5.2.1.7. Promptly notify the Bank about loss of the card; 5.2.1.8. Shall process card payment transaction in the internet only through the web pages having secure payment certifications (web pages where MasterCard SecureCode or Verified by VISA logos are depicted, allowing for making payment with 3D security code). The bank shall bear no responsibility for the transactions of the client made at the web-pages having no secure payment certifications. 5.2.2. The client is authorized to: 5.2.2.1. At any time obtain information on transactions held at the card account and request statements reflecting such transactions. The client is authorized to become familiar with the transactions made at the card accounts in the internet banking and/or address JSC “Pasha Bank Georgia” telephone services center – contact center and/or any branch of the bank to obtain such information. Card transactions statements shall be issued in a form requested by the client in the timelines established by the bank, however no later than 2 (two) banking days after the request of the client has been made. The bank is entitled to establish the commission for issuing the transaction statement made for the card account. 5.2.2.2. Submit a justified claim on transactions performed on the card account consistent with clause 5.4 of the present agreement. 5.2.3. The client acknowledges that: 5.2.3.1. Cards produced by the Bank are equipped with contactless technology; 5.2.3.2. Throughout the territory of Georgia, contactless card transactions without a pin code are permitted to the amount of up to 100 (one hundred) GEL. The Bank does not bear responsibility and does not accept claims from clients for contactless transaction(s) performed with the card account of a client up to 100 GEL throughout Georgia (notwithstanding the number of such transactions performed with the card).

  • Rights and Obligations of Members Section 6.1