Appointment of New Executive Officers Sample Clauses

Appointment of New Executive Officers. At the Closing, Xx. Xxxxxxxxxxxx shall resign as President and Treasurer of MAMM, and DED’s designees shall be duly appointed as Chief Executive Officer and Chief Financial Officer of MAMM.
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Appointment of New Executive Officers. Immediately following the Closing and as a condition thereof, SL's current officers and directors shall be appointed and become the new officers and directors of the Company and the current officers and directors shall present such documentation necessary to resign from any such positions held.
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Appointment of New Executive Officers. Following Completion, the following individuals have been appointed to the Company as executive officers with effect from 18 August 2021:
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Appointment of New Executive Officers. At the Closing, Xx. Xxxxx Xxxxxxx shall resign as President and Treasurer of USTP, and Xx. Xxxxxxxx Xxxx and Xx. Xxxxxxx Xxx shall be duly appointed as Chief Executive Officer and Chief Financial Officer of USTP, respectively. Section 5.9 Appointment of New Directors. At the Closing, (i) Xx. Xxxxxxxx Xxxx and Xx. Xxxxxx Xxxx shall be duly appointed to the Board of Directors of USTP, and (ii) subject to the effectiveness of a Schedule 14F-1 filed with the SEC on the Closing Date, Xx. Xxxxx Xxxxxxx and Xx. Xxxx Xxxxxx shall resign as members of the Board of Directors of USTP, and Xxxxxxx Xxxxx shall be duly appointed to the Board of Directors of USTP, such that Xx. Xxxx, Xx. Xxxxx, and Xx. Xxxxx shall constitute the entire board of USTP. Section 5.10 Filing of Form 10-K. At or prior to Closing, USTP shall have filed with the SEC its annual report on Form 10-K for the period ended June 30, 2010. 14 ARTICLE VI CONDITIONS TO OBLIGATIONS OF USTP The obligations of USTP to consummate the transactions contemplated by this Agreement are subject to the fulfillment, at or before the Closing Date, of the following conditions, any one or more of which may be waived by USTP in its sole discretion: Section 6.1 Representations and Warranties of the APPI Companies and the APPI Shareholders. All representations and warranties made by the APPI Companies and the APPI Shareholders in this Agreement shall be true and correct on and as of the Closing Date as if again made by the APPI Companies and the APPI Shareholders, as applicable, on and as of such date. Section 6.2
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Appointment of New Executive Officers. Immediately following the Closing and as a condition thereof, GBX’s current officers and directors shall be appointed and become the new officers and directors of MYHI and the current officers and directors shall present such documentation necessary to resign from any such positions held.
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Appointment of New Executive Officers. At the Closing, FRMB’s designees shall be duly appointed as Chief Executive Officer and Chief Financial Officer of MKHD.
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Appointment of New Executive Officers. At the Closing, Xx. Xxxxx Xxxxxxx shall resign as President and Treasurer of USTP, and Xx. Xxxxxxxx Xxxx and Xx. Xxxxxxx Xxx shall be duly appointed as Chief Executive Officer and Chief Financial Officer of USTP, respectively.
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Related to Appointment of New Executive Officers

  • President and Chief Executive Officer The president shall be the chief executive officer of the Trust, unless the Board of Trustees designates the chairman as chief executive officer. The chief executive officer shall see that all orders and resolutions of the Board of Trustees are carried into effect. The chief executive officer shall also be the chief administrative officer of the Trust and shall perform such other duties and have such other powers as the Board of Trustees may from time to time prescribe.

  • 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.

  • Resignation of Officer and Director Positions The Executive’s receipt of any severance payments or benefits upon the Executive’s Qualifying Termination under Section 3 is subject to the Executive resigning from all officer and director positions with all members of the Company Group and the Executive executing any documents the Company may require in connection with the same.

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