Management Representation Sample Clauses
A Management Representation clause requires the management of a company to formally confirm the accuracy and completeness of information provided to another party, often in the context of audits, due diligence, or transactions. Typically, management will provide written statements affirming that financial records, disclosures, and other relevant data are truthful and free from material misstatement. This clause serves to allocate responsibility for the integrity of information, helping to protect the receiving party from undisclosed risks or inaccuracies.
Management Representation. All parties shall appoint a minimum of 1 designated individual to represent the agency and manage their commitment to the partnership, as outlined above. Partner representatives are responsible for ensuring the commitments they make to the Collaboration on behalf of their own organisation can be fulfilled and provide feedback to their organisation on the business of Collaboration.
Management Representation. The Board of Directors of the Company shall designate two (2) members of senior management as directors of the Company.
Management Representation. (a) Following the completion of the First Closing, subject to Section 6.2(b), so long as Buyer from time to time maintains the Initial Buyer Percentage, Buyer shall have the right to recommend the appointment of one senior, non-executive manager to Issuer. Following the completion of the Third Closing, subject to Section 6.2(b), so long as Buyer from time to time maintains the Step Three Buyer Percentage, Buyer shall have the right to recommend the appointment of a second senior manager to Issuer; provided, however, that for purposes of this Section 6.2, the Step Three Buyer Percentage shall be 19.9%. Issuer shall use all reasonable efforts to appoint Buyer recommended managers, and ensure that any such manager appointed shall, unless otherwise agreed by the parties, have equivalent rights and responsibilities as those of other senior managers of Issuer having the most senior title of an officer who is not included in the executive management of Issuer as executive management is listed in Issuer’s SEC filings. It is the understanding of the parties that such managers shall have the title of “Senior Vice President” and equivalent rights and responsibilities to those of other Senior Vice Presidents of Issuer, and that Buyer shall endeavor to recommend a qualified individual and shall consult with Issuer prior to making such recommendation final.
(b) For purposes of Section 6.2(a), Buyer shall be deemed to have maintained the Initial Buyer Percentage or the Step Three Buyer Percentage, as applicable, if from time to time the Buyer Percentage is less than the Initial Buyer Percentage or the Step Three Buyer Percentage, as the case may be, by less than 1%. Without limiting the generality of the foregoing, in no event shall Buyer be deemed to have failed to maintain the Initial Buyer Percentage or the Step Three Buyer Percentage, as the case may be, if, with respect to any Dilutive Event that decreases the Buyer Percentage to below the Initial Buyer Percentage or the Step Three Buyer Percentage, Buyer has provided a written notice to Issuer of its desire to acquire Additional Shares in accordance with Section 2.4(b).
Management Representation. 26.01 The Company agrees to furnish the Union with a list of names of supervisory personnel with whom the Union may have transactions in the administration of this Agreement, and will keep this list up to date.
Management Representation. 8.1 The General Partner shall solely be entitled and shall have the sole responsibility to manage and represent the Partnership. The General Partner shall obtain the Advisory Board's approval for all business decisions which are of material importance to the Partnership, including, but not limited to, approval of the annual budget and the following matters:
8.1.1 sale or acquisition of a company, parts of a company, business (Betriebe) or parts of a business (Betriebsteile) or entering into, or termination of company lease agreements (Betriebspachtvertrage):
8.1.2 sale, acquisition or encumbrance of controlling interests in any other company or business:
8.1.3 taking up new area of business and activities or cessation of existing areas of business and activities;
8.1.4 entering into, amendment and termination of enterprise contracts (Unternehmensvertrage);
8.1.5 acquisition, sale and transfer, encumbrance and pledge of fixed assets, including real property, buildings and rights of real property nature (if the transaction value in each individual case is in excess of DM 500,000 (in words: Deutsche ▇▇▇▇ five hundred thousand);
8.1.6 entering into or amending any contract with a value of more than DM 500,000 (in words: Deutsche ▇▇▇▇ five hundred thousand);
8.1.7 taking up and granting of loans and credits, assumptions of guarantees, strict guarantees and other liabilities of similar nature if the transaction value in each case is in excess of DM 500,000 (in words: Deutsche ▇▇▇▇ five hundred thousand);
8.2 The approval of the Advisory Board to be obtained pursuant to the foregoing may also be made in form of a general authorization for particular types of the aforementioned transactions and matters. Any such general authorization must precisely describe the transactions and matters in question as well as the purpose and the time frame in which they must be completed.
Management Representation. M▇▇▇▇▇ acknowledges and represents that he has appointed Tour Talent as his exclusive management representative in this Agreement. Company and M▇▇▇▇▇ agree that Tour Talent shall be deemed to be the exclusive management representative of M▇▇▇▇▇ for the purposes of this Agreement and that all payments, notices, statements or other documents required or permitted to be given hereunder shall be sent directly to M▇▇▇▇▇ in care of Tour Talent at the address provided in Section 9.1 or as Tour Talent solely may otherwise direct.
Management Representation. GDA acknowledges and represents that it has appointed International Golf Partners, Inc., as GDA's and Professional's exclusive management representative for this Agreement. Company and GDA agree that International Golf Partners, Inc., shall be deemed to be the exclusive management representative of GDA and Professional for the purposes of this Agreement and that all payments, notices, statements or other documents required or permitted to be given hereunder shall be sent directly to GDA and Professional in care of International Golf partners, Inc., as specified in Section 15 below.
Management Representation. RWE-DEA shall be entitled to manage and represent the partnership alone, while EuroGas shall have these rights only jointly with RWE-DEA. Each one of the managing partners shall have the right of protest under Section 711 BGB [Civil Code]. The partners shall decide under Section 7 of the present Agreement as to the admissibility of a management decision which is being protested.
Management Representation. Union Security Data to be Supplied to Union Loss of Seniority or Employment and Recall job Posting I I Grievance Leave of Absence Compassion. Maternity and ParentalLeave Public Leave of of Absence Education Leave Reporting Pay Call Back Injury on the job Jury Duty Bereavement Bulletin Pay Classifications and Partial or Total Shut-Down of Hours Equalization of Discipline Healthand Safety Article 37: Schedule A schedule B Schedule C Schedule D Dace Used to Determine Entitlement
Management Representation. The Section 7(i) annual report shall be transmitted to the other Corporations with a representation by the appropriate corporate officer in the following form: “The accompanying Section 7(i) annual report of (Corporation) for the fiscal year ended (date) was prepared under my supervision and direction. In connection therewith, I represent that to the best of my knowledge and belief:
(1) The accompanying report sets forth all information required to be presented by Article V, Section 3 of the Agreement dated among (the Corporations).
(2) Such information is presented fairly in accordance with the applicable provisions of the Agreement.
(3) (Except as described in the report,) There have been no matters coming to my attention that would require adjustment to any previously issued Section 7(i) annual report.