Management of Expropriations Clause Samples

Management of Expropriations. 17.4.1. The Company may order the Management Venture to carry out the management of the expropriations process that will be carried out by the expropriations department of the Company, pursuant to the provisions Chapter 9 of the Tasks and Products Definer for the Project Manager. 17.4.2. It is hereby clarified that the consideration with respect to the management of the expropriations shall be paid in accordance with the provisions of Section 6.5 of Appendix C (The Consideration) to the Agreement.
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Management of Expropriations. 17.4.1. The Company may order the Management Venture to carry out the management of the expropriations process that will be carried out by the expropriations department of the Company, pursuant to the provisions Chapter 9 of the Tasks and Products Definer for the Project Manager. 17.4.2. It is hereby clarified that the consideration with respect to the management of the expropriations shall be paid in accordance with the provisions of Section 6.5 of Appendix C (The Consideration) to the Agreement. 1. Establishment of an array and the process of risk management in the Project 1.1. The Management Venture will implement an array and a risk management process, as part of the ongoing management of the Project, with the purpose to provide a reasonable level of security to prevent the realization of risks by carrying out a methodical process to search and identify the risks, assess their consequences and the probability of their occurrence, define a method of handling them and control of the execution of the actions arising from such handling. 1.2. The Management Venture is required to establish a risk management array in its operations and in the field of its responsibility in all the stages of the Project, as well as to ensure the existence of a quality reporting and monitoring mechanism to the company. 1.3. The process and array of risk management will be based upon a methodology and practice that is customary in risks management - see the methodology principles for risk management and required formats as the basis of implementation of the process and the risk management array by the Management Venture in section 2 (Methodological aspects of the risk management process), section 3 (The main components in the risk management array) and section 4 (Definitions) of this appendix. 1.4. In view of the operational structure of the construction of the airport and the operation of the Management Venture as Project manager on the one hand and as Project management office (PMO) on the other hand, the risk management array of the Project will be comprised of a main - integrative risks management array as well as from a secondary - comprehensive risks management array. 1.5. Each one of the risks management arrays will include the three risk management lines of defense (see section 2.2 of this appendix), in the framework of which the authorities and obligations of the management will be defined, pursuant to its position, and for each one of the values a separate risks map w...
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Related to Management of Expropriations

  • MANAGEMENT OF THE BUSINESS Pursuant to Section ▇▇-▇▇-▇▇▇ of the Act, and as stated in its Articles, the Company’s day to day affairs are managed by the Member. The Member is responsible for the daily operations of the business.

  • MANAGEMENT OF EVALUATION OUTCOMES 12.1 Where the Employer is, any time during the Employee’s employment, not satisfied with the Employee’s performance with respect to any matter dealt with in this Agreement, the Employer will give notice to the Employee to attend a meeting; 12.2 The Employee will have the opportunity at the meeting to satisfy the Employer of the measures being taken to ensure that his performance becomes satisfactory and any programme, including any dates, for implementing these measures; 12.3 Where there is a dispute or difference as to the performance of the Employee under this Agreement, the Parties will confer with a view to resolving the dispute or difference; and 12.4 In the case of unacceptable performance, the Employer shall – 12.4.1 Provide systematic remedial or developmental support to assist the Employee to improve his performance; and 12.4.2 After appropriate performance counselling and having provided the necessary guidance and/or support as well as reasonable time for improvement in performance, the Employer may consider steps to terminate the contract of employment of the Employee on grounds of unfitness or incapacity to carry out his or her duties.

  • THE CONTRACTS (RIGHTS OF THIRD PARTIES ACT 1999

  • Management of the Company The Company's business and affairs shall be conducted and managed by the Member(s) in accordance with this Agreement and the laws of the State of the Formation. Single-Member (Applies ONLY if Single-Member): The Member(s) of the Company has sole authority and power to act for or on behalf of the Company, to do any act that would be binding on the Company or incur any expenditures on behalf of the Company. The Member(s) shall not be liable for the debts, obligations, or liabilities of the Company, including under a judgment, decree, or order of a court. The Company is organized as a “member-managed” limited liability company. The Member(s) is designated as the initial managing Member(s). Multi-Member (Applies ONLY if Multi-Member): Except as expressly provided elsewhere in this Agreement, all decisions respecting the management, operation, and control of the business and affairs of the Company and all determinations made in accordance with this Agreement shall be made by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests. Notwithstanding any other provision of this Agreement, the Member shall not, without the prior written consent of the unanimous vote or consent of the Member(s), sell, exchange, lease, assign or otherwise transfer all or substantially all of the assets of the Company; sell, exchange, lease (other than space leases in the ordinary course of business), assign or transfer the Company’s assets; mortgage, pledge or encumber the Company’s assets other than is expressly authorized by this Agreement; prepay, refinance, modify, extend or consolidate any existing mortgages or encumbrances; borrow money on behalf of the Company; lend any Company funds or other assets to any person or entity; establish any reserves for working capital repairs, replacements, improvements or any other purpose; confess a judgment against the Company; settle, compromise or release, discharge or pay any claim, demand or debt, including claims for insurance; approve a merger or consolidation of the Company with or into any other limited liability company, corporation, partnership or other entity; or change the nature or character of the business of the Company. The Member(s) shall receive such sums for compensation as Member(s) of the Company as may be determined from time to time by the affirmative vote or consent of Member(s) holding a majority of the Member(s)’ Percentage Interests.

  • Contracts (Rights of Third Parties ACT 1999