Appointment and Vacancies Sample Clauses

Appointment and Vacancies. The Partnership shall have (a) an investment committee which shall consist of the Individual Principals and a designee of the Safeguard Principal (the "Investment Committee") and (b) a Limited Partners Advisory Committee, which shall consist of five (5) members (subject to increase to seven (7) members in the discretion of the General Partner, with the additional members being representatives of the Limited Partners) appointed by the General Partner, four (4) (or, if increased, six (6» of whom shall be representatives of the Limited Partners (other than Affiliates of the General Partner) and one member (the "Independent Member") who shall not be an Affiliate of the General Partner or any Limited Partner (the "Limited Partners Advisory Committee"); provided that the appointment of the Independent Member shall be subject to the approval of the members who are representatives of the Limited Partners, such approval not to be unreasonably withheld. The Investment Committee and the Limited Partners Advisory Committee shall also serve as the Investment Committee and the Limited Partners Advisory PJ-IlLI.303151-2\ -25- Committee of any Parallel Funds. The General Partner, with the approval of a majority of the members of the Limited Partners Advisory Committee, may remove any member of the Limited Partners Advisory Committee at any time, with or without cause. The General Partner shall fill any vacancy resulting from any such removal, the resignation of any member thereof or otherwise.
Sample 1
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Appointment and Vacancies. Each Director shall be the Chief Executive Officer, General Manager, or designee of the Chief Executive Officer or General Manager of each Member and shall be appointed by and serve at the pleasure of the Member that the Director represents, and may be removed as Director by such Member at any time. If at any time a vacancy occurs on the Board, a replacement shall be appointed by the Member to fill the position of the previous Director in accordance with the provisions of this Article IV within 60 days of the date that such position becomes vacant or the Member shall be subject to the exclusion procedures in Section 3.04(c) above. Each Director may appoint an alternate to serve in their absence.
Sample 1
Appointment and Vacancies. The Appointee shall be the Secretary of Standard Pacific. In the case of resignation, death, or disability of the Appointee, the vacancy shall be filled by the person succeeding the Appointee as Secretary of Standard Pacific. If the Appointee is no longer the Secretary of Standard Pacific, the Appointee shall resign effective immediately.
Sample 1

Related to Appointment and Vacancies

  • Appointment of Directors Immediately upon the Effective Time, Parent shall, in accordance with Section 2.3(d), accept the resignations and cause the appointments of those officers and directors of Parent identified in Exhibit C hereto, subject to any notice and waiting period requirements of federal law. At the first annual meeting of Parent’s stockholders and thereafter, the election of members of Parent’s Board of Directors shall be accomplished in accordance with the by-laws of Parent.

  • Appointment of Director The Company, subject to the requisite prior-approval of the Board of Directors, hereby:

  • Appointment of Officers The Trust may have one or more Officers who are hereby empowered to take and are responsible for performing all ministerial duties on behalf of the Trust pursuant to this Agreement and the other Operative Agreements, including, without limitation, the execution of the Officers’ Certificate (as defined in the Indenture), the Trust Order (as defined in the Indenture), the Trust Request (as defined in the Indenture), the annual compliance report required under Section 3.09 of the Indenture, and any annual reports, documents and other reports which the Trust is required to file with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended. Each of the Chairman of the Board, the Chief Executive Officer, the President, each Senior Vice President and each Vice President of the Depositor is hereby appointed as an Officer of the Trust. The Depositor shall promptly deliver to the Owner Trustee and the Indenture Trustee a list of its officers who shall become the Officers of the Trust pursuant to this Section 11.01.

  • Appointment of Managers With effect from the day and year stated in Box 4 and continuing unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as the Managers of the Vessel.

  • Appointment and Duties The Trustees shall at all times employ a custodian or custodians, meeting the qualifications for custodians for portfolio securities of investment companies contained in the 1940 Act, as custodian with respect to the assets of the Trust. Any custodian shall have authority as agent of the Trust with respect to which it is acting as determined by the custodian agreement or agreements, but subject to such restrictions, limitations and other requirements, if any, as may be contained in the By-Laws of the Trust and the 1940 Act:

  • Appointment and Term of Office The Officers shall be appointed by the Board of Directors at such time and for such term as the Board of Directors shall determine. Any Officer may be removed, with or without cause, only by the Board of Directors. Vacancies in any office may be filled only by the Board of Directors.

  • Appointment and Term The Members will be entitled to appoint from time to time persons to serve as the managers (each, a "Manager") on the Board of Managers. Managers will serve until their respective successors are appointed by the Members, as provided under Section 4.11 herein, or until their earlier death, disability, resignation, retirement or removal, pursuant to Section 4.10 herein. Each Manager is hereby designated as a "manager" of the Company within the meaning of Section 18-101(10) of the Act.

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