Appointment of Observers Sample Clauses

Appointment of Observers. A party entitled to appoint a Director to the Board but who has not availed of the right may at any time by notice in writing to the Company nominate an observer to attend and speak (but not to vote) at meetings of the Board and of the board of Directors of each other Group Company and shall be entitled to remove any person so appointed and to appoint another in his place; any observer so nominated shall be sent at the same time as the other invitees an invitation to attend board or committee meetings of the relevant Group Company together with the relevant notice of meeting and papers and shall be permitted to attend such meeting in each case as if he were a Director of the Group Company in question (subject to the restrictions on voting rights referred to above).
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Appointment of Observers. (1) The Managing Director may appoint a person to be an observer for the purposes of the observer programme under Section 50.
Appointment of Observers. (1) The Managing Director may appoint a person to be an observer for the purposes of the observer programme under Section 50. (2) The person appointed under Subsection (1) may be appointed on such terms and conditions as specified under this Part and on such other terms and conditions as may be approved by the Managing Director. (3) An observer shall on request identify himself and produce evidence that he is an observer, and the production by any observer of any identification document issued to him shall, until the contrary is proved, be sufficient authority for any such observer to do anything which he is authorized by this Act to do.
Appointment of Observers. (a) The MAC shall continue in operation on and after the Conversion Date until the PAC is established by the Sponsors in accordance with this Article 4.8. (b) The PAC shall be established by the Sponsors based on consultation with the MAC, prior to April 30, 2020 or such later date as the Sponsors may agree. (c) The MAC shall not appoint any Observers while it continues in operation on and after the Conversion Date. (d) The PAC shall appoint up to three (3) individuals as Observers, subject to the approval of the Sponsors, acting reasonably. (e) Observers shall be made up of: (i) a Former Member or Retired Member;
Appointment of Observers. (a) the Original Warrantholder (for so long as it holds 10% or more of the Initial Shareholding) or the Majority Holder (at any point after the Original Warrantholder holds less than 10% of the Initial Shareholding) shall be entitled from time to time to appoint one (1) non-voting observer (an “Observer”) to, and (b) the MBKP Warrantholder (for so long as it holds 10% or more of the MBKP Initial Shareholding) shall be entitled from time to time to appoint one (1) Observer to: (i) the Board; (ii) the Inspire Board; and (iii) the board of directors of each other Group Company (other than the Company or Inspire (as applicable)), to attend meetings of each such board (and meetings of any committees of such boards) as an observer and to remove any person so appointed and to appoint another person in his or her place. 6.4.2 Any appointment or removal in accordance with Clause 6.4.1 shall: (a) be made by notice in writing served on the applicable Group Company; and (b) take effect at the time that it is served on the applicable Group Company or at any other time as shall be stated in such notice. 6.4.3 The Group Companies shall, and the MGE Parties and Inspire shall procure the Group Companies to, procure that any Observer appointed in accordance with Clause 6.4.1 shall be entitled to attend and speak at meetings of the relevant board of directors (whether in full or by committee), but shall not be entitled to vote nor shall such Observer be, or be regarded as, an officer of such Group Company and shall not be counted in the quorum of any meeting of such board of directors (whether in full or by committee). 6.4.4 The Group Companies shall, and the MGE Parties and Inspire shall procure the Group Companies to, procure that any Observer appointed in accordance with Clause 6.4.1 shall be given all the information in respect of meetings that a director would be entitled to receive, and shall be entitled to receive that information (including, without limitation, notice of meetings, agendas, minutes and other papers relating to those meetings) at the same time as the directors would be entitled to receive it.

Related to Appointment of Observers

  • Appointment of FTIS The Investment Company hereby appoints FTIS as transfer agent for Shares of the Investment Company, as service agent in connection with dividend and distribution functions, and as shareholder servicing agent for the Investment Company, and FTIS accepts such appointment and agrees to perform the following duties.

  • Appointment of Manager Owner hereby engages and retains Manager as the manager and as tenant coordinating agent of the Properties, and Manager hereby accepts such appointment on the terms and conditions hereinafter set forth; it being understood that this Management Agreement shall cause Manager to be, at law, Owner’s agent upon the terms contained herein.

  • 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 of Custodians The Trustee may, with the consent of the Depositor and the Master Servicer appoint one or more Custodians to hold all or a portion of the Mortgage Files as agent for the Trustee, by entering into a Custodial Agreement. The appointment of any Custodian may at any time be terminated and a substitute Custodian appointed therefor upon the reasonable request of the Master Servicer to the Trustee, the consent to which shall not be unreasonably withheld. The Trustee shall pay any and all fees and expenses of any Custodian in accordance with each Custodial Agreement (provided that if expenses of the kind that would be reimbursable to the Trustee pursuant to Section 8.05 if incurred by the Trustee are incurred by the Custodian, the Trustee shall be entitled to reimbursement under Section 8.05 for such kind of expenses to the extent the Trustee has paid such expenses on behalf of the Custodian or for which the Trustee has reimbursed the Custodian). The Trustee initially appoints the Custodian as Custodian, and the Depositor and the Master Servicer consent to such appointment. Subject to Article VIII hereof, the Trustee agrees to comply with the terms of each Custodial Agreement and to enforce the terms and provisions thereof against the Custodian for the benefit of the Certificateholders having an interest in any Mortgage File held by such Custodian. Each Custodian shall be a depository institution or trust company subject to supervision by federal or state authority, shall have combined capital and surplus of at least $10,000,000 and shall be qualified to do business in the jurisdiction in which it holds any Mortgage File. Each Custodial Agreement may be amended only as provided in Section 11.01. In no event shall the appointment of any Custodian pursuant to a Custodial Agreement diminish the obligations of the Trustee hereunder.

  • Appointment of Advisor The Trust hereby employs the Advisor and the Advisor hereby accepts such employment, to render investment advice and related services with respect to the assets of the Fund for the period and on the terms set forth in this Agreement, subject to the supervision and direction of the Trust’s Board of Trustees (the “Board of Trustees”).

  • Appointment of Custodian On behalf of each of its Portfolios, each Fund hereby employs and appoints the Custodian as a custodian, subject to the terms and provisions of this Agreement. Each Fund shall deliver to the Custodian, or shall cause to be delivered to the Custodian, cash, securities and other assets owned by each of its Portfolios from time to time during the term of this Agreement and shall specify to which of its Portfolios such cash, securities and other assets are to be specifically allocated.

  • Appointment of the Custodian The Trustee may, with the consent of the Master Servicer and the Company, or shall, at the direction of the Company and the Master Servicer, appoint custodians who are not Affiliates of the Company, the Master Servicer or any Seller to hold all or a portion of the Custodial Files as agent for the Trustee, by entering into a Custodial Agreement. Notwithstanding anything to the contrary contained herein, the Company, Master Servicer and Trustee acknowledge that the functions of the Trustee hereunder with respect to the acceptance, custody, inspection and release of Custodial Files, and the preparation and delivery of the Interim Certification required pursuant to Section 2.02, shall be performed by the Custodian as and to the extent set forth in the Custodial Agreement. Subject to Article VIII, the Trustee agrees to comply with the terms of each Custodial Agreement with respect to the Custodial Files and to enforce the terms and provisions thereof against the related custodian for the benefit of the Certificateholders. Each custodian shall be a depository institution subject to supervision by federal or state authority, shall have a combined capital and surplus of at least $15,000,000 and shall be qualified to do business in the jurisdiction in which it holds any Custodial File. Each Custodial Agreement, with respect to the Custodial Files, may be amended only as provided in Section 11.01. The Trustee shall notify the Certificateholders of the appointment of any custodian (other than the custodian appointed as of the Closing Date) pursuant to this Section 8.11.

  • Appointment of the Distributor (a) Each Fund hereby appoints the Distributor as the principal underwriter and distributor of the Fund to sell Shares to the public on the terms set forth in this Agreement and that Fund's prospectus and the Distributor hereby accepts such appointment and agrees to act hereunder. Each Fund, during the term of this Agreement, shall sell Shares to the Distributor upon the terms and conditions set forth herein. (b) The Distributor agrees to purchase Shares, as principal for its own account, from each Fund and to sell Shares as principal to investors, and securities dealers, including Xxxx Xxxxxx Xxxxxxxx Inc. ("DWR"), an affiliate of the Distributor, upon the terms described herein and in that Fund's prospectus (the "Prospectus") and statement of additional information included in the Fund's registration statement (the "Registration Statement") most recently filed from time to time with the Securities and Exchange Commission (the "SEC") and effective under the Securities Act of 1933, as amended (the "1933 Act"), and the 1940 Act or as the Prospectus may be otherwise amended or supplemented and filed with the SEC pursuant to Rule 497 under the 1933 Act.

  • Appointment of Stewards A. The Union will certify to the Employer in writing a xxxxxxx or stewards and alternates in accordance with the following general guidelines. Where more than one xxxxxxx is appointed, one shall be designated chief xxxxxxx. The selection and appointment of stewards or chief stewards is the sole and exclusive function of the Union. Stewards will be certified to represent employees in specific work location(s) on their tour; provided no more than one xxxxxxx may be certified to repre- sent employees in a particular work location(s). The number of stewards certified shall not exceed, but may be less than, the number provided by the formula hereinafter set forth. Employees in the same craft per tour or station Up to 49 1 xxxxxxx 50 to 99 2 stewards 100 to 199 3 stewards 200 to 499 5 stewards 500 or more 5 stewards plus additional xxxxxxx for each 100 employees B. At an installation, the Union may designate in writing to the Employer one Union representative actively employed at that installation to act as a xxxxxxx to investigate, present and adjust a specific grievance or to investigate a specific problem to deter- mine whether to file a grievance. The activities of such Union representative shall be in lieu of a xxxxxxx designated under the formula in Section 2.A and shall be in accordance with Section 3. Payment, when applicable, shall be in accordance with Section 4. C. To provide xxxxxxx service to installations with twenty or less craft employees where the Union has not certified a xxxxxxx, a Union representative certified to the Employer in writing and compensated by the Union may perform the duties of a xxxxxxx. D. At the option of the Union, representatives not on the Employer’s payroll shall be entitled to perform the functions of a xxxxxxx or chief xxxxxxx, provided such representatives are certified in writing to the Employer at the area level and providing such rep-

  • APPOINTMENT OF ADVISER The Manager hereby appoints the Adviser to act as an investment adviser for the Fund, subject to the supervision and oversight of the Manager and the Trustees of the Trust, and in accordance with the terms and conditions of this Agreement. The Adviser will be an independent contractor and will have no authority to act for or represent the Trust or the Manager in any way or otherwise be deemed an agent of the Trust or the Manager except as expressly authorized in this Agreement or another writing by the Trust, the Manager and the Adviser.

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