APPOINTMENT OF DIRECTORS AND SECRETARIES Sample Clauses

APPOINTMENT OF DIRECTORS AND SECRETARIES. 5.1 During the term of this Agreement, the Loan Note Issuer Corporate Services Provider shall nominate three Persons, not more than two of whom shall be a body corporate, association, partnership or limited liability partnership, who are resident for Tax purposes in the United Kingdom and willing and available to be appointed as Directors and one Person which is willing and able to be appointed as Secretary and the Loan Note Issuer Corporate Services Provider shall procure that each of the persons nominated by it as a Director (a "Nominated Director") or Secretary (a "Nominated Secretary") from time to time accepts the relevant appointment and acts in the relevant capacity and does so without fee or remuneration from the Loan Note Issuer, save that nothing in this Agreement shall prejudice the right of any Person under Clause 10 (Indemnity) or Clause 12 (Remuneration, Costs and Expenses) or under the Articles to fees, remuneration or other payments.
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APPOINTMENT OF DIRECTORS AND SECRETARIES. Buyer acknowledges the resignations of the Resigning Officers and makes new appointments to fill each of the positions on the Companies’ management bodies vacated by the Resigning Officers. The acceptance of such appointments is documented and notarized simultaneously in the presence of the Notary Public.
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APPOINTMENT OF DIRECTORS AND SECRETARIES. 4.1 During the term of this Agreement, WTSS will nominate 3 Persons who are willing and available to be appointed as Directors and one Person which is willing and able to be appointed as Secretary and WTSS shall procure that each of the persons nominated by it as a Director (a "NOMINATED DIRECTOR") or Secretary (a "NOMINATED SECRETARY") from time to time accepts the relevant appointment and acts in the relevant capacity and does so without fee or remuneration from each Company, save that nothing in this Agreement shall prejudice the right of any Person under Clause 9 (Remuneration) or Clause 6 (Indemnity) of this Agreement or under the Articles of Association of the Company to fees, remuneration or other payments.
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APPOINTMENT OF DIRECTORS AND SECRETARIES. 5.1 During the term of this Agreement, the Receivables Trustee Corporate Services Provider shall nominate two Persons who are resident for Tax purposes solely in Jersey and willing and available to be appointed as Directors and one Person which is willing and able to be appointed as Secretary and the Receivables Trustee Corporate Services Provider shall procure that each of the persons nominated by it as a Director (a "Nominated Director") or Secretary (a "Nominated Secretary") from time to time accepts the relevant appointment and acts in the relevant capacity and does so without fee or remuneration from the Receivables Trustee, save that nothing in this Agreement shall prejudice the right of any Person under Clause 10 (Indemnity) or Clause 12 (Remuneration, Costs and Expenses) or under the Articles to fees, remuneration or other payments.
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Related to APPOINTMENT OF DIRECTORS AND SECRETARIES

  • 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:

  • Assistant Secretaries The assistant secretaries in order of their seniority, shall, in the absence or disability of the secretary, perform the duties and exercise the powers of the secretary and shall perform such other duties as the Board of Trustees or the chief executive officer shall prescribe.

  • Duties of Directors Except as provided in this Agreement, in exercising their rights and performing their duties under this Agreement, the Directors shall have a fiduciary duty of loyalty and care similar to that of a director of a business corporation organized under the General Corporation Law of the State of Delaware.

  • The Vice Presidents The Vice Presidents shall perform the duties as are given to them by this Agreement and as may from time to time be assigned to them by the Management Directors or by the President. At the request of the President, or in his absence or disability, the Vice President designated by the President (or in the absence of such designation, the senior Vice President), shall perform the duties and exercise the powers of the President.

  • Resignations of Directors Any directors of the Company, other than those identified on Schedules 2.1, shall have resigned as directors of the Company.

  • Vice Presidents The Vice Presidents will, subject to the control of the Member, perform such duties as may be assigned to them by the President and will have the general powers and duties usually vested in the office of vice president of corporations, and will have such other powers and duties as may be prescribed by the Member. In the case of the death, disability or absence of the President, a Vice President shall perform and be vested with all the duties and powers of the President until the Member appoints a new President.

  • Chairman and Vice Chairman of the Board The Board may appoint one of its members as Chairman of the Board (“Chairman”). The Board may also appoint one of its members as Vice Chairman of the Board, and such individual shall serve in the absence of the Chairman and perform such additional duties as may be assigned to such person by the Board.

  • President and Vice Presidents The president shall be the chief executive officer of the Trust. The president shall, subject to the control of the Trustees, have general charge and supervision of the business of the Trust. Any vice president shall have such duties and powers as shall be designated from time to time by the Trustees.

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