Appointment of Operator and Term Sample Clauses

Appointment of Operator and Term. 10 2.1 Appointment................................................................................................................................... 10 2.2 Term................................................................................................................................................ 10 Article III. SCOPE OF SERVICES............................................................................................... 11 3.1 Generally......................................................................................................................................... 11 3.2 Services........................................................................................................................................... 11 3.3 Operator to Act as Independent Contractor........................................................... 11 3.4 Exclusions from Services 11 3.5 Cooperation and Coordination with EPC Contractor and Manager...................... 12 3.6 Risk of Loss........................................................................................................... 12 3.7 Standard for Performance of Obligations.............................................................. 12 3.8 Government Approvals......................................................................................... 13 3.9 Liens...................................................................................................................... 13 3.10 Qualification to Operator's Obligations................................................................ 13 Article IV. RESPONSIBILITIES AND RIGHTS OF OWNER................................................... 14 4.1 Owner Responsibilities......................................................................................... 14 4.2 Owner's Retained Rights....................................................................................... 15 4.3 Review and Approval............................................................................................ 15 4.4 Government Approvals......................................................................................... 16 Article V. O&M EMPLOYEES AND REPRESENTATIVES OF PARTIES.............................. 16 5.1 O&M Employees; Subcontractors........................................................................ 16 5.2 Employee Compliance with Regulations.............................................................. 16 5.3 Representative of Operator....................
Sample 1
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Appointment of Operator and Term. 9 2.1 Appointment 9 2.2 Term 10 ARTICLE III. SCOPE OF SERVICES 10 3.1 Generally 10 3.2 Services 10 3.3 Operator to Act as Independent Contractor 10 3.4 Exclusions from Services 10 3.5 Cooperation and Coordination with EPC Contractor 11 3.6 Risk of Loss 11 3.7 Standard for Performance of Obligations 11 3.8 Government Approvals 12 3.9 Liens 12 3.10 Qualification to Operator’s Obligations. 12
Sample 1
Appointment of Operator and Term 
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Related to Appointment of Operator and Term

  • 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.

  • Appointment, Term, and Termination a. Client hereby engages and retains Dalmore to provide operations and compliance services at Client’s discretion.

  • Position and Term Upon execution of this Employment Agreement and in accordance with the terms herein, the Company hereby employs Employee to serve as a PRESIDENT, and Employee accepts such position. Employee understands and acknowledges that employment with the Company is for an unspecified duration and constitutes "at-will" employment. Employee also understands that any statement or representation to the contrary is unauthorized and not valid unless obtained in writing and signed by an officer of the Company. Employee acknowledges that employment relationships with the Company may be terminated at any time, with or without good cause or for any or no cause, at the option either of the Company or Employee, with or without notice. Employee further agrees that any employee handbooks or policies shall not be construed to create binding contractual commitments on behalf of Company.

  • Engagement and Term The Company hereby employs Employee and Employee hereby accepts such employment by the Company on the terms and conditions set forth herein, for the period commencing on November 1, 2004 (the “Effective Date”) and ending, unless sooner terminated in accordance with the provisions of Section 4 hereof, on October 31, 2007 (the “Employment Period”). As used in this Agreement, the term “Contract Year” shall refer to each twelve-month period during the Employment Period ending October 31.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • COMMENCEMENT AND TERMINATION 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Appointment of Representative (a) Selection Upon the occurrence of an Event of Default, a single representative shall be appointed to represent all of the Holders (the “Representative”). The Representative (i) may, but need not, be a Holder; (ii) shall not be affiliated with or related to the Company; and (iii) shall be selected by the Holders as follows:

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Appointment of the Sub-Advisor In accordance with and subject to the Investment Advisory Agreement between the Trust and the Advisor, attached as Exhibit A (the “Advisory Agreement”), the Advisor appoints the Sub-Advisor to manage the investment and reinvestment of that portion of the assets of the Fund allocated to it by the Advisor (the “Fund Assets”), in conformity with the Fund’s currently effective registration statement, including its prospectus and statement of additional information, as amended (collectively, the “Disclosure Documents”), and subject to the control and direction of the Advisor and the Trust’s Board of Trustees (the “Board”), for the period and on the terms set forth in this Agreement. The Sub-Advisor accepts such appointment and agrees during such period to render the services and to perform the duties called for by this Agreement for the compensation provided in Section 3 of this Agreement. The Sub-Advisor shall at all times maintain its registration as an investment advisor under the Advisers Act and shall otherwise comply in all material respects with all applicable laws and regulations, both state and federal. For purposes of this Agreement, the Sub-Advisor shall be deemed an independent contractor and shall, except as expressly provided or authorized by written Agreement with the Advisor, Fund, or Trust, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust or the Fund.

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