Management Mechanism Clause Samples

The Management Mechanism clause establishes the procedures and structures for overseeing and coordinating the ongoing relationship between the parties to an agreement. Typically, this clause outlines the formation of a management committee or designates representatives from each party who will meet regularly to discuss project progress, resolve issues, and make joint decisions. By providing a clear framework for communication and decision-making, the clause helps ensure effective collaboration and timely resolution of disputes or operational challenges during the course of the agreement.
Management Mechanism. 5.1. A joint sectoral group will be established for the purposes of management of this Sectoral Annex. Its role will be to make decisions concerning the definition, establishment, and evaluation of conformity assessment procedures and programmes, the establishment of the ‘two-way’ alert programme, the management of the confidence building period and the definition of a maintenance programme supporting the continued operation of the MRA. The group will include representatives of Health Canada and of the European Community’s competent authorities and co-chaired by a member of each of the two Parties.
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Management Mechanism. 5.1 Party A determines the access of Party B and its service through methods such as evaluation. The basic access conditions are as follows: 5.1.1 Party B possesses the legal qualification for wireless value-added service, including corporate business license and operating license for value-added telecom business in the relevant business scope, of which qualification meets the relevant requirements in the Measures for the Administration of Permits for Operation of Telecommunication Business (Decree No.19 issued by the Ministry of Information Industry); 5.1.2 Party B possesses powerful strength in terms of company scale, content or technical resource, and promotion channel and operation experience; 5.1.3 Party B possesses the capability of telecom-level operation and maintenance, and meets the Requirements of China Unicom on Value-added Service Provider in Operation and Maintenance Management in terms of equipment room condition, maintenance organization, security management, daily maintenance management, access method and key indicators, specifically including: (1) Operation and maintenance management: equipment room condition, maintenance organization and post setup, security management, failure and system data change management, daily maintenance management shall meet the relevant requirements; (2) Access mode: dedicated line, VPN access; (3) Key performance indicators: The U-SMS gateway to SP connectivity success rate, WAP business service response time, WAP service page access success rate and equipment 7*24 operation availability meet the relevant requirements; (4) For China Unicom value-added service provider operation and maintenance training certificate and network-wide service, the operation and maintenance personnel shall not be fewer than three per unit for obtaining training certificate at the beginning as required for network-wide service, and the number of personnel for obtaining training certificates shall be increased accordingly with the expansion of service; 5.1.4 Party B shall have perfect and standardized customer service system, with specific requirements complying with relevant provisions of Chapter IX, Customer Service. 5.2 Party A performs appraisal and withdrawal mechanism on Party B and its services respectively. 5.2.1 Party A conducts appraisal on Party B on the basis of service development condition, customer service quality, operation and maintenance quality and credit evaluation rating of Party B, with specific requirements co...
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Management Mechanism. 5.1 Party A shall approve Party B and its business market entry through assessments and other methods. Basic market entry conditions are as follows: 5.1.1 Party B has duly obtained legitimate certificates to provide Mobile Value-added Services, which include Business License for Incorporated Enterprise, Telecom Value-added Services Operation License for corresponding region, and other qualification certificate that meets the requirements of the Administrative Measures for Telecommunications Business Operating License (2002), or the Telecom License Measures implemented by the Ministry of Information Industry (“MII”). 5.1.2 Party B has favorable capabilities in terms of scale of company, content, technical resources, marketing channel, operational experience and etc. 5.1.3 Party B has Telecommunication operation and maintenance abilities, and meet the various requirements including host machine conditions, maintenance organization, security mechanism, daily maintenance, connection method, and other key requirements in Operation, Maintenance and Management Requirements of China Unicom VAS as follows: 1. Operation and maintenance management: conditions of host machine, maintenance organization, and position set up, security mechanism, malfunction and alteration mechanism of system database, daily maintenance mechanism should meet the relevant requirements. 2. connection method: Specific line, and Virtual Private Network (VPN) connection method; 3. Key performance requirements: successful connection rate between Uni-info gateway and SP, revert time of WAP services, successful WAP site-visits rate, equipments capable of operating 7 X 24 hours, and etc. should meet the relevant requirements.
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Management Mechanism. (1) From the effective date of this agreement, both Party A and Party B shall jointly carry out comprehensive and in-depth cooperation at Haixing Vocational School, with Party B implementing comprehensive management and operation of the public school under the “Tiankun Education” brand in accordance with relevant national policies and the terms stipulated in this agreement. Party A authorizes the public school to jointly establish a school management council with Party B. The council consists of 5 members, with 3 from Party A and 2 from Party B. The chairperson is appointed by Party A, and the secretary-general is appointed by Party B. The management council, under the leadership of the school’s general Party branch, is responsible for the comprehensive management of the school. The school’s development plan and the decisions on major matters, appointment and dismissal of major officials, major investment projects and use of large-sum funds, among other major issues, are proposed by the council and decided upon by the school’s General Party branch meeting.
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Management Mechanism. 5.1 Party A will determine the access for the telecom value-added services provided by Party B by assessment. The basic conditions for access shall be as follows: 5.1.1 Party B shall have the qualifications for the provision of value-added services, including the business license for enterprises as legal persons and cross-region telecom value-added service operation license, and its qualifications shall satisfy the related requirements of the Measures for the Administration of Telecom Service Operation License, etc. 5.1.2 Party B has relatively strong strength in terms of company scale, contents or technology resources, promotional channels and operation experience.
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Management Mechanism. (1) From the effective date of this agreement, both Party A and Party B shall jointly carry out comprehensive and in-depth cooperation at Haixing Vocational School, with Party B implementing comprehensive management and operation of the public school under the “Tiankun Education” brand in accordance with relevant national policies and the terms stipulated in this agreement. Party A authorizes the public school to jointly establish a school management council with Party B. The council consists of 5 members, with 3 from Party A and 2 from Party B. The chairperson is appointed by Party A, and the secretary-general is appointed by Party B. The management council, under the leadership of the school’s general Party branch, is responsible for the comprehensive management of the school. The school’s development plan and the decisions on major matters, appointment and dismissal of major officials, major investment projects and use of large-sum funds, among other major issues, are proposed by the council and decided upon by the school’s General Party branch meeting. Both parties establish a joint meeting system for cooperative education to address relevant issues arising during the cooperation process. The joint meeting is proposed and organized by Party A, and is held once per semester in principle. The members of the joint meeting consist of representatives from both Party A and Party B, including but not limited to representatives from education, human resources, finance and audit departments and relevant experts. (2) During the cooperation period, Party B shall independently establish a management team as necessary, with members primarily selected from the original management team of the public school based on merit, and some management personnel directly assigned by Party B as needed. (3) During the cooperation period, Party B shall implement a full employment position appointment system for all faculty and staff with public school status under the name of the public school. On the basis that the original salary, benefits, performance rewards, and other financial allocation standards and supply channels for public school faculty and staff remain unchanged, Party A and local finance shall support and allow Party B and the cooperating school to implement performance-based incentives for all faculty and staff in accordance with the provisions of the Vocational Education Law. For faculty and staff who fail to meet assessment standards, Party B shall provide opportu...
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Management Mechanism. Party A shall set up certain standards to determine whether Party B is qualified to supply its Value-added Services via Party A’s networks. The basic standards are as follows: Party B shall have the legal qualifications for providing Value-added Services. It shall show its Business License and Operation License for Cross-regional Value-added Telecom Business. It shall be qualified as SP in accordance with the relevant requirements in the Measures for the Administration of Permits for Operation of Telecommunication Business (Decree No.19 issued by the Ministry of Information Industry); Party B shall have powerful strength in terms of company scale, content or technical resources, marketing channels and operation experiences; Party B shall be capable of telecom-level operation and maintenance, and meets the Requirements of China Unicom on Value-added Service Provider in Operation and Maintenance Management in terms of equipment room conditions, maintenance organization, security management, daily maintenance management, access methods，key indicators and other conditions, which shall include but not limited to:
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Management Mechanism 
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Related to Management Mechanism

  • Adjustment Mechanism If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.

  • Purchase Mechanism If the Focus Investor exercises its rights provided in this Section 4.5, the closing of the purchase of the New Securities with respect to which such right has been exercised shall take place within 30 calendar days after the giving of notice of such exercise, which period of time shall be extended for a maximum of 180 days in order to comply with applicable laws and regulations (including receipt of any applicable regulatory or corporate approvals). The Company and the Focus Investor agree to use commercially reasonable efforts to secure any regulatory or corporate approvals or other consents, and to comply with any law or regulation necessary in connection with the offer, sale and purchase of, such New Securities.

  • Cashless Settlement Mechanism Notwithstanding anything to the contrary in this Agreement, any Lender may exchange, continue or rollover all or the portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

  • Consultative Mechanism The parties agree that a precondition for the effective operation of the Agreement is the establishment of consultative mechanisms with the Company. To this end, a Consultative Committee, comprising of Company appointed representatives and employee elected representatives should be established and maintained. Officers of the Union shall have a standing invitation to attend any such meeting. The purpose of the Consultative Committee shall be to consult, develop, recommend and assist to implement strategies and measures designed to achieve the objectives outlined under Clause 4 of this Agreement.

  • Payment Mechanics All payments of principal and interest hereunder are to be made in lawful money of the United States of America in the manner specified in Article III of the Purchase and Sale Agreement.