Appointment of the Managers Sample Clauses

Appointment of the Managers. The sole Member hereby delegates all its power and authority to the Managers to manage the REIT and conduct its affairs. Notwithstanding anything to the contrary in this Agreement, the Managers shall have continuing exclusive authority over the management of the REIT and the conduct of the REIT’s affairs. The Fund shall have the sole right to appoint, replace and remove the Managers and the sole right to appoint substitute Managers. The Fund shall also have the sole right to appoint, replace and remove one or more supplemental Managers with such management rights as the Fund shall indicate. As long as there are two Managers, any action required or permitted to be taken by such Managers shall require the unanimous consent of such Managers. Unless the Act shall otherwise provide, if at any time there shall have been appointed three (3) or more Managers, any action required or permitted to be taken by such Managers under this Agreement shall be effective upon a majority vote of such Managers, except for the election provided in Section 9.1(a)(iv) and action taken under Section 11.5.
Sample 1
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Appointment of the Managers. A. 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 Vessels.
Sample 1
Appointment of the Managers. 2.2.1 BoI confirms its appointment of: (A) Davy as a sponsor in connection with the proposed admission of the New Ordinary Stock to the Official List of the ISE; (B) each of Davy and UBS as a sponsor in connection with the proposed admission of the New Ordinary Stock to the Official List of the UKLA; (C) each of the Placing Agents as the placing agents to the Placing; and (D) each Joint Bookrunner as manager and joint bookrunner to the Rights Issue. 2.2.2 The appointments under clause 2.2.1 confer on each of the Managers all powers, authorities and discretions which are necessary for, or incidental to, the performance by each Manager of the roles to which it has been appointed (including the power to appoint sub-agents or to delegate the exercise of any of its powers, authorities or discretions to such persons as the relevant Managers see fit). BoI agrees to ratify and confirm unconditionally all actions which each Manager and its sub-agents and delegates lawfully take pursuant to its appointments. 2.2.3 Each Manager confirms its acceptance of its respective appointments in clause 2.2.1, subject to the terms of this Agreement. 2.2.4 BoI undertakes to each Sponsor (for itself and on behalf of the other Managers) that it will at all times provide to each Sponsor all information and assistance and take all actions (including paying all relevant fees) or that may be required by it in its capacity as Sponsor to satisfy its obligations under, or in connection with, the Renominalisation, the Placing, the Rights Issue, the Government Transaction, the Debt for Equity Offers, the Listing Rules, the Prospectus Rules, the Transparency Regulations, the Transparency Rules, the Disclosure and Transparency Rules, the Admission to Trading Rules and the Admission and Disclosure Standards including to provide to the FSA or ISE (as relevant) any information or explanation as the FSA or ISE (as relevant) may require for the purpose of verifying whether the Listing Rules and the Prospectus Rules are being and have been complied with by each of the Sponsors or by BoI. 2.2.5 BoI consents to each UK Sponsor disclosing to the FSA, and to the Irish Sponsor disclosing to the ISE or the Financial Regulator (as relevant) at any time before or after, in each case, Placing Admission and Admission, any information which the relevant Sponsor in its absolute discretion deems to relate to BoI and to address non-compliance with the Listing Rules, Prospectus Rules, Transparency Regulations, Tr...
Sample 1
Appointment of the Managers. (a) The Board shall determine the management structure and additional management level officers of the Company from time to time and according to the Articles of Association. Initially, the Company shall be organized in accordance with the structure set forth on the organizational chart attached hereto as Schedule 4 with the following divisions: Sales; Quality; Manufacturing and Technology; Purchasing; Finance; and Personnel and Administration. (b) The President, Senior Vice President, Finance and Vice President, Quality shall be nominated by Party B. The Vice President, Manufacturing and Technology Manager, Purchasing Manager, Sales Manager, and Personnel and Administration Manager shall be nominated by Party A. The responsibilities of the President, Senior Vice President, Finance, Vice President and the Vice President, Quality shall be as set forth in Articles 5.7 to 5.9 of the Company's Articles of Association, and the reporting relationships shall be as set forth in Schedule 4 hereto, as initially approved and modified by the Board from time to time. (c) Notwithstanding the foregoing, each management level officer (other than the President, Senior Vice President, Finance, Vice President, Quality, and other Vice Presidents) shall be subject to a probation period of six (6) months following such manager's confirmation by the Board. If, during the relevant probation period, any manager proves to be incapable of performing the duties required of such manager, the President shall have the right to remove him and request the original nominating Party to nominate a new candidate for the post for appointment by the Board.
Sample 1
Appointment of the Managers. The Company shall have five (5)
Sample 1
Appointment of the Managers 
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Related to Appointment of the Managers

  • Appointment of the Manager The Trust is engaged in the business of investing and reinvesting its assets in securities of the type and in accordance with the limitations specified in its Declaration of Trust, as amended and supplemented from time to time, By-Laws (if any) and Registration Statement filed with the Securities and Exchange Commission (the "Commission") under the 1940 Act and the Securities Act of 1933 (the "Securities Act"), including any representations made in the prospectus and statement of additional information relating to the Funds contained therein and as may be amended or supplemented from time to time, all in such manner and to such extent as may from time to time be authorized by the Trust's Board of Trustees (the "Board"). The Board is authorized to issue any unissued shares in any number of additional classes or series. The investment authority granted to the Manager shall include the authority to exercise whatever powers the Trust may possess with respect to any of its assets held by the Funds, including, but not limited to, the power to exercise rights, options, warrants, conversion privileges, redemption privileges, and to tender securities pursuant to a tender offer, and participate in class actions and other legal proceedings on behalf of the Funds. The Trust hereby appoints the Manager, subject to the direction and control of the Board, to manage the investment and reinvestment of the assets in the Funds and, without limiting the generality of the foregoing, to provide the other services specified in Section 2 hereof. The Trust hereby appoints the Manger to provide the Fundlevel duties and services as set forth in Section 2(b) hereof, for the compensation and on the terms herein provided, and the Manager hereby accepts such appointment. Each new investment portfolio established in the future by the Trust shall automatically become a "Fund" for all purposes hereunder as if it were listed on Schedule A, absent written notification to the contrary by either the Trust or the Manager.

  • Appointment of the Adviser The Trust is engaged in the business of investing and reinvesting its assets in securities of the type and in accordance with the limitations specified in its Declaration of Trust, as amended and supplemented from time to time, By-Laws (if any) and Registration Statement filed with the Securities and Exchange Commission (the "Commission") under the 1940 Act and the Securities Act of 1933 (the "Securities Act"), including any representations made in the prospectus and statement of additional information relating to the Funds contained therein and as may be amended or supplemented from time to time, all in such manner and to such extent as may from time to time be authorized by the Trust's Board of Trustees (the "Board"). The Board is authorized to issue any unissued shares in any number of additional classes or series. The investment authority granted to the Adviser shall include the authority to exercise whatever powers the Trust may possess with respect to any of its assets held by the Funds, including, but not limited to, the power to exercise rights, options, warrants, conversion privileges, redemption privileges, and to tender securities pursuant to a tender offer, and participate in class actions and other legal proceedings on behalf of the Funds. The Trust hereby employs Adviser, subject to the direction and control of the Board, to manage the investment and reinvestment of the assets in the Funds and, without limiting the generality of the foregoing, to provide the other services specified in Section 2 hereof.

  • 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 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 the Agent (a) Each other Finance Party appoints the Agent to act as its agent under and in connection with the Finance Documents. (b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

  • Appointment of the Agents (A) Each other Finance Party (other than the relevant Agent) appoints each Agent to act in that capacity under and in connection with the Finance Documents. (B) Each other Finance Party authorises each Agent to exercise the rights, powers, authorities and discretions specifically given to that Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

  • 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 Owner Trustee The Seller hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein.

  • Appointment of receivers and managers any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

  • 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.

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