Appointment of Treasurer Sample Clauses

Appointment of Treasurer. The Board shall annually appoint a treasurer who shall not be a member of the Board. The Board shall requires that a bond be executed in the manner provided for community college district treasurers in the Illinois Public Community College Act (110 ILCS 805/3-18). 1.8.
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Appointment of Treasurer. The Board shall appoint a Treasurer to receive and hold all contributions described in Articles 8 and 10 and other funds of the Group as provided in this Article 9. The Treasurer shall be required to obtain a fidelity bond for himself/herself from a bonding company licensed to do business in Massachusetts in an amount designated by the Board. The premium expense for said bond shall be paid by the Group. The Board agrees not to collect, or cause to be collected, from such bond, any loss, judgement, fee, penalty or like charge, unless such loss was directly caused by the Treasurer’s own acts of malfeasance which include, fraud, embezzlement, misappropriation of funds or any other intentional and illegal act. All costs, legal and otherwise, associated with defending such claims, or costs associated with such claims that are assessed to the Treasurer by his surety, shall be reimbursed to the Treasurer by the Board, unless such loss was directly caused by the Treasurer’s own acts of malfeasance which include, fraud, embezzlement, misappropriation of funds or any other intentional and illegal act.
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Appointment of Treasurer. The Treasurer of the Authority shall be designated by the Executive Director.
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Appointment of Treasurer. The Board may appoint a Treasurer and an Assistant Treasurer to receive and hold all contributions described in Articles 8 and 9 and other funds of the Group as provided in this Article 10. The Treasurer shall be required to obtain a fidelity bond for himself/herself and for the Assistant Treasurer in an amount designated by the Board. The premium expense for said bond shall be paid by the Group.
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Appointment of Treasurer. The Treasurer shall serve on a substantially full-time basis.
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Appointment of Treasurer. The Board may appoint a Treasurer and an Assistant Treasurer to receive and hold all contributions described in Articles 8 and 9 and other funds of the Group as provided in this Article 10. For at least thru FY 2009 the Plymouth County Treasurer shall be appointed by the Board to be the treasurer for the group. The Treasurer shall be required to obtain a fidelity bond for himself/herself and for the Assistant Treasurer in an amount and terms designated by the Board. The premium expense for said bond shall be paid by the Group.
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Appointment of Treasurer. Consultant appoints the person designated in Exhibit A to serve as the Compact’s Treasurer. The designation of the Treasurer shall be subject to the review, approval and election by the Compact’s Governing Board. Consultant and Treasurer agree that the Treasurer shall abide by all provisions of the Joint Powers Agreement of the Compact, as in effect as of April 12, 2017, and as may be amended from time to time (the “JPA”). Consultant and Treasurer each understand and agree that the Treasurer shall perform the Services in accordance with the votes of the Compact’s Governing Board (with the guidance and direction of the JPE Administrator in accordance with such votes), which may occur after execution of this Agreement. Consultant and the Treasurer each understand and agree that the Treasurer shall be primarily responsible for the performing the Services. Unless approved by the Compact’s Governing Board, only administrative or clerical tasks set forth in Exhibit A or administrative or clerical tasks related thereto may be performed by other Consultant staff. Consultant shall also designate a person to serve as Assistant Treasurer in the event that the Treasurer is unavailable due to disability, prolonged or extended absence from work, termination from employment or emergency circumstances. The designation of the Assistant Treasurer shall be subject to the review, approval and election by the Compact’s Governing Board. The Assistant Treasurer shall be bound by all provisions applicable to the Treasurer under this Agreement. In addition, Consultant understands and agrees that the Treasurer designated by Consultant and approved by the Compact’s Governing Board in accordance with Section 2.1 serves at the pleasure of the Governing Board. Consultant agrees and acknowledges that at any time, the Governing Board may vote to remove the Treasurer and vote to appoint another employee of Consultant to serve as Treasurer, or may vote to terminate this Agreement and appoint another Treasurer.
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Related to Appointment of Treasurer

  • Appointment of Director The Company, subject to the requisite prior-approval of the Board of Directors, hereby: (a) appoints the Director to perform the Services for the benefit of the Company as hereinafter set forth; (b) appoints the Director to the Board of Directors of the Company; and (c) authorizes the Director to exercise such powers as provided under this Agreement. The Director accepts such appointment on the terms and conditions herein set forth.

  • 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 Trustee The Depositor hereby appoints Wilmington Trust Company as Trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein.

  • 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 SUBADVISER The Subadviser undertakes to act as investment subadviser to, and, subject to the supervision of the Trustees of North American Funds (the "Trust") and the terms of this Agreement, to manage the investment and reinvestment of the assets of the Portfolios specified in Appendix A to this Agreement as it shall be amended by the Adviser and the Subadviser from time to time (the "Portfolios"). The Subadviser will be an independent contractor and will have no authority to act for or represent the Trust or Adviser in any way except as expressly authorized in this Agreement or another writing by the Trust and Adviser.

  • Vacancies; Appointment of Trustees Whenever a vacancy shall exist in the Board of Trustees, regardless of the reason for such vacancy, the remaining Trustees shall appoint any person as they determine in their sole discretion to fill that vacancy, consistent with the limitations under the 1940 Act. Such appointment shall be made by a written instrument signed by a majority of the Trustees or by a resolution of the Trustees, duly adopted and recorded in the records of the Trust, specifying the effective date of the appointment. The Trustees may appoint a new Trustee as provided above in anticipation of a vacancy expected to occur because of the retirement, resignation or removal of a Trustee, or an increase in number of Trustees, provided that such appointment shall become effective only at or after the expected vacancy occurs. As soon as any such Trustee has accepted his appointment in writing, the trust estate shall vest in the new Trustee, together with the continuing Trustees, without any further act or conveyance, and he shall be deemed a Trustee hereunder. The Trustees' power of appointment is subject to Section 16(a) of the 1940 Act. Whenever a vacancy in the number of Trustees shall occur, until such vacancy is filled as provided in this Article II, the Trustees in office, regardless of their number, shall have all the powers granted to the Trustees and shall discharge all the duties imposed upon the Trustees by the Declaration. The death, declination to serve, resignation, retirement, removal or incapacity of one or more Trustees, or all of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration of Trust.

  • 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 SUB-ADVISER The Adviser hereby appoints the Sub-Adviser to act as sub-adviser to the Portfolio(s), subject to the supervision and oversight of the Adviser and the Trust Board, and in accordance with the terms and conditions of this Agreement. The Sub-Adviser will be an independent contractor and will have no authority to act for or represent the Adviser or the Trust in any way or otherwise be deemed an agent of the Adviser or the Trust, except as expressly authorized in this Agreement or another writing by the Adviser or the Trust and the Sub-Adviser.

  • 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.

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