MANAGEMENT RULES Clause Samples

MANAGEMENT RULES. The Lessor may enact, enforce or alter management rules and by-laws for the preservation of the Lessors’ property and management of the Lease Premises pursuant to this Agreement, and the Lessor shall give a notice thereof to the Lessee and obtain express consent of the Lessee in order to give such management rules and by-laws force equivalent to that of this Agreement.

MANAGEMENT RULES. 18.1 The lessor will furnish the lessee with all management rules, if any, prior to entering into this Agreement.

MANAGEMENT RULES. 17.1 Apart from the provisions of the ACT, the COMPANY'S Memorandum and the Articles of Association and of this agreement, the APARTMENT and the PROPERTY (including the use of the COMMON PROPERTY) shall be controlled and managed by way of rules. 17.2 The COMPANY'S directors shall make the said rules, which shall become binding as soon as they have been adopted by a resolution of the directors. Any rule made by the directors as set out above may be set aside (a) in writing by a majority in value of the shareholders of the COMPANY or (b) by a majority in value of the shareholders of the COMPANY in a general meeting of shareholders. 17.3 The COMPANY'S directors may from time to time revoke any rule or alter it or add to it; provided that any rule so revoked, altered or added to may be set aside (a) in writing by a majority in value of the COMPANY'S shareholders or (b) by a majority in value of the Company's Shareholders in a general meeting of shareholders. 17.4 The abovementioned rules may relate to the control, management, administration, use and enjoyment of the APARTMENTS and the COMMON PROPERTY. Without derogating from the generality of the aforegoing, the said rules may in particular relate to the following. 17.4.1 The level of noise caused by the use of radios, other sources of music, television and the playing of musical instruments: 17.4.2 The limitation and use of television aerials, air- conditioning and any other electrical equipment and of sun blinds; 17.4.3 The neatness and general appearance of the APARTMENTS and the COMMON PROPERTY. 17.4.4 The general behaviour of shareholders and other occupiers and users of APARTMENTS and the COMMON PROPERTY so as to ensure that no shareholder or other occupier shall create a nuisance in a APARTMENT or on the COMMON PROPERTY: 17.4.5 The use of any facilities of the hotel which may be available to shareholders; 17.4.6 Such other matters in the interest of the comfort and general well being of occupiers of APARTMENTS. 17.5 Should any rule made in terms of this paragraph (17) clash with any provision of this agreement; the provision of this agreement shall prevail.

MANAGEMENT RULES. The landlord may from time to time prescribe rules in accordance with reasonable trade practice relating to the use of enjoyment of the property and of the leased premises, including matters relating to security, fire, safety, access, the use of common areas, parking, the keeping and placing of heavy objects in the leased premises, the use of air-conditioning and heating, and all matters incidental thereto. The rules (if any) are available at the landlord's address, and the tenant shall acquaint himself therewith.

MANAGEMENT RULES. 9.1 ( Formulation of management rules) To ensure the building and Oriental Plaza as first-class projects and comply with laws, regulations or stipulations of relevant departments, the Lessor has the right to ask the Lessor in writing of proposing, introducing, modifying, adopting or canceling management rules for the use, decoration of parking spaces, access, operation, management and maintenance of building and/or development projects at any time as the Lessor thinks necessary (“management rules”). 9.2 (Conflict) Management rules are only supplement of the Leasing Agreement and its content shall not make provisions invalid in any mode. If management rules are conflicted with provisions of the Leasing Agreement, provisions of the Leasing Agreement shall prevail.

MANAGEMENT RULES. 16.1 Apart from the provisions of the Act, the Company’s Memorandum and Articles of Association and of this agreement, the Apartment and the Property (including the use of the Common Property) shall be controlled and managed by way of rules. 16.2 The Company’s directors shall make the said rules which shall become binding as soon as they have been adopted by a resolution of the directors. Any rule made by the directors as set out above may be set aside: 16.2.1 in writing by a majority in value of the shareholders of the Company; or 16.2.2 by a majority in value of the shareholders of the Company in a general meeting of shareholders. 16.3 The Company’s directors may from time to time revoke any rule or alter it or add to it; provided that any rule so revoked, altered or added may be set aside: 16.3.1 in writing by a majority in value of the Company’s shareholders; or 16.3.2 by a majority in value of the Company’s shareholders in a general meeting of shareholders. 16.4 The above-mentioned rules may relate to the control, management, administration, use and enjoyment of the Apartment and the Common Property. Without derogating from the generality of the aforegoing, the said rules may in particular relate to the following: 16.4.1 the level of noise caused by the use of radios, other sources of music, television and the playing of musical instruments; 16.4.2 the limitation and use of television aerials, air-conditioning and any other electrical equipment and of sun blinds; 16.4.3 the neatness and general appearance of the Apartment and the Common Property; 16.4.4 the general behaviour of the Shareholder and other occupiers and users of the Apartment and the Common Property so as to ensure that no shareholder or other occupier creates a nuisance in an apartment or on the Common Property; 16.4.5 the use of any facilities of the Apartment and the Common Property which may be available to the Shareholder; 16.4.6 such other matters in the interest of the comfort and general well-being of occupiers of apartments. 16.5 Should any rule made in terms of this clause 16 clash with any provision of this agreement, the provision of this agreement shall prevail.

MANAGEMENT RULES. The following Partners are designated as Managing Partners. All Partners not designated below as Managing Partners are Member Partners to the Partnership. Managing Partners will have the following rights regarding subjects such as: management decisions, voting, changes to the partnership, changes to financial structure, approval of capital, approval of purchases over a defined amount, and/or inclusion or exclusion of Member Partners and Managing Partners: PARTNERSHIP AGREEMENT FOR [COMPANY NAME]

MANAGEMENT RULES. Based on the experience drawn from other IPR technical assistance programmes, the IPR project will be organized according to the following management rules: • Goods and services shall be procured according to business management rules and within principles of free competition. The criteria to be assessed are price, quality, service and supply availability. • Whenever feasible, IPI applies model contracts for external experts, where allowances and fees are specified. As adequate preparation is crucial for external experts, their mandate and tasks shall be defined in Terms of Reference (TOR). The TOR should include a brief description of the context of the activity, a detailed description of the expert input that is expected and a provisional programme of the activity. • All partners are obliged to immediately declare any potential conflict of interest. • Financial monitoring shall particularly focus on ensuring good governance. IPI conducts its cooperation projects in accordance with the following principles of international cooperation: • Integration and participation of all stakeholders. • Strengthening of ownership in the partner countries. • Sustainability of projects. • Coordination with other donor countries in order to use synergies and to avoid duplication of work. • Alignment with national development strategies of partner countries. • Transparency among all stakeholders. • Accountability and constant monitoring of the implementation process. As a principle, the "train the trainers" approach will be applied in capacity-building activities. (i.e. the participants will be selected according to their capacity and motivation to disseminate the knowledge). An accurate gender balance between participants will be observed. The performance of participants will be monitored and evaluated after each course. Details of each individual project activity will be outlined in three Annual Work Plans (covering the years 2010, 2011, and 2012). As the project will start in the fourth quarter of 2009, activities that take place till the end of the year will be outline in a Inception Phase Work Plan. This sequenced planning approach has the following advantages: Firstly, it allows react in a flexible manner to changes (see chapter on risks and opportunities). Secondly, readjustments of activities and budget lines in order to include the experience gathered during previous activities into the planning of later implementation phases. The actual drafting of the Annual Wor...

MANAGEMENT RULES. 1. An investment may be one-off or recurrent. In the case of recurrent investments, the investment is deemed to consist of the total value of the monetary funds entrusted by the Investor to the Manager. 2. The initial investment is a one-off investment and must be provided by the Investor in accordance with the Agreement (hereinafter the “Initial Investment”). Then, the Manager shall allow the Investor to make subsequent investments (hereinafter the “Subsequent Investment”). The Manager shall always notify the Investor in advance about the period of time within which he will allow the Investor to provide an Initial or a Subsequent Investment. 3. The minimum amount of the Initial Investment shall be determined in accordance with the Agreement. 4. The minimum amount of a Subsequent Investment shall be EUR 150,000.00. 5. The relevant date for acceptance of an investment is the date when the monetary funds have been credited to the Manager's bank account. If the monetary funds are credited to the Manager's bank account before the delivery of the executed Agreement by the Manager, the relevant date for acceptance of the investment shall be the date of delivery of the executed Agreement by the Manager. 6. The Investor shall be obliged to make the Initial Investment upon the Manager's request within 5 business days after the execution of this Agreement or after the Manager's request, unless agreed otherwise in writing with the Manager. If the Initial Investment is not made within the stipulated time limit, the Manager may withdraw from the Agreement. 7. The Manager may refuse the Initial Investment, particularly if there is a threat of exceeding the relevant threshold specified by the Act. 8. The Manager may reject a Subsequent Investment. 9. The Manager shall use the instruments specified in the Investment Strategy (i.e. the purchase of shares in start-ups or purchase of rights for future acquisition of a share therein, as well of bonds issued by such companies, or of another form of participation in start-up concepts by a method allowing appreciation of the assets) for the purpose of increasing the value of the monetary funds untrusted by the Investor. 10. The Manager proceedings at his own discretion during the Management, including the method of distribution of financial means and arranging for investments in individual Sub-funds. In the course of managing the investments, the Manager is obliged to respect the Investment Strategy and to proceed with due profe...