Common use of Appointment of New Manager Clause in Contracts

Appointment of New Manager. (a) Upon the termination of the appointment of the Manager, the Joint Venturers must promptly appoint a new Manager under the terms of this agreement, if this agreement is not otherwise terminated. The Joint Venturers must not reappoint a Manager removed for default or due to an Insolvency Event.

Appears in 3 contracts

Samples: Mining Joint Venture Agreement, Joint  venture Agreement (GEO JS Tech Group Corp.), Joint  venture Agreement (GEO JS Tech Group Corp.)

AutoNDA by SimpleDocs

Appointment of New Manager. (a) Upon the termination of the appointment of the Manager, the Joint Venturers must promptly appoint a new Manager under the terms of this agreementAgreement, if this agreement Agreement is not otherwise terminated. The Joint Venturers must not reappoint a Manager removed for default or due to an Insolvency Event.

Appears in 2 contracts

Samples: www.sec.gov, Emc Metals Corp.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.