Appointment, Removal and Replacement. Of Members Of The JSC. ---------------------------------------------------------- Each Member will appoint, may remove (with or without cause), and may replace its members of the JSC during the existence of the JSC, at such Member's sole discretion, and any such appointments, removals and replacements will be notified in writing by the appointing, or removing or replacing, Member, to the other members of the JSC and to the Management Committee. No Member will have any authority to appoint, remove or replace JSC members for the other Member. If a member of the JSC for any reason no longer is serving as any of an employee, LLC officer or Director or correlative position (as applicable) of, nor as a consultant to, the relevant Member or at least one of its Affiliates (the LLC not being deemed to be an Affiliate of either Member for this purpose), the relevant Member will promptly notify the other members of the JSC and the Management Committee in writing, and such individual will be deemed to have resigned as a member of the JSC as of the date of such complete cessation, and the relevant Member will as soon thereafter as possible appoint a new JSC member to replace such departing individual.
Appointment, Removal and Replacement. (a) The Shareholders and the Board shall procure, that each appointment, removal, or replacement of the Investor Directors, or any of the Promoter Director(s) in terms of Clause 3.3 above is implemented without delay and where necessary, meetings of the Shareholders of the Company, or the Board Meetings, as applicable, are convened for this purpose.
Appointment, Removal and Replacement. In exercise of their respective rights and powers hereunder, CUSA hereby appoints each of X. X. Xxxx, X. X. Xxxx, and X. X. Xxxxxx, as its CUSA Management Committee Representatives and NEW XXXXXX hereby appoints Xxxxxxx X.
Appointment, Removal and Replacement. The Shareholders may only appoint, remove or replace a Director by giving the Company written notice of the appointment, removal or replacement of such Director and the date the appointment, removal or replacement is to take effect, provided that where a Director is removed or resigns or otherwise vacates its office as Director, that Director may only be replaced by a person nominated and appointed by that same shareholder.
Appointment, Removal and Replacement. NCI shall have full authority unilaterally to appoint, remove and replace the NCI Board Representatives to the Board of Managers, with or without cause, and shall have no authority to appoint, remove or replace the Envirokare Board Representatives. Envirokare shall have full authority unilaterally to appoint, remove and replace the Envirokare Board Representatives to the Board of Managers, with or without cause, and shall have no authority to appoint, remove or replace the NCI Board Representatives. Unless and until he or she resigns, dies or is removed, each Board representative shall hold office and remain on the Board of Managers until his or her successor shall have been selected and qualified.
Appointment, Removal and Replacement. Each Shareholder shall have full authority unilaterally to propose to the general meeting of Shareholders the removal of any of the Managing Directors nominated by it, with or without cause, and such proposal shall be binding. Unless and until he or she resigns, dies or is removed, each Managing Director shall hold office and remain on the Board of Managing Directors until his or her successor shall have been selected and qualified.
Appointment, Removal and Replacement. 13.1.1 Following the occurrence of an Event of Default, the Mortgagee may appoint one or more persons to be jointly, severally or jointly 268 -30- and severally Receiver of any Mortgaged Property.
Appointment, Removal and Replacement. 20.1.1 Whether or not the Mortgagee has demanded payment of the Secured Money, the Mortgagee may at any time following the occurrence of an Event of Default (irrespective of any omission, neglect, delay or waiver) appoint one or more persons 336 FORM 20 Version 1 XXXXXXXXXX XXXX XXXXXXXX Xxxx Xxxxx Xxx 0000 xxx Land Act 0000 Page 35 of 45 SCHEDULE TITLE REFERENCE 15602076 to be jointly, severally or jointly and severally a Receiver of any of the Mortgaged Property or any other property mortgaged or charged by this mortgage.
