Appointment, Resignation and Removal Sample Clauses

Appointment, Resignation and Removal. The Secured Parties hereby appoint Imperium Advisers, LLC to act as the Collateral Agent for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Any Person serving as the Collateral Agent may resign as Collateral Agent hereunder at any time by giving written notice thereof to each Holder, and such resignation shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.

Appointment, Resignation and Removal. The Collateral Agent has been appointed to act as Collateral Agent hereunder by each Secured Party pursuant to the Indenture. The Collateral Agent will be obligated, and will have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including the release or substitution of Collateral), solely in accordance with this Agreement, the Indenture and the Intercreditor. The Collateral Agent may resign and a successor Collateral Agent may be appointed in the manner provided in the Indenture. Upon the acceptance of any appointment as Collateral Agent under the terms of the Indenture by a successor Collateral Agent, that successor Collateral Agent will thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring or removed Collateral Agent under this Agreement, and the retiring or removed Collateral Agent under this Agreement will be discharged from its duties and obligations hereunder. After any retiring or removed Collateral Agent’s resignation or removal, the provisions of this Agreement will inure to its benefit as to any actions taken or omitted to be taken by it under this Agreement while it was the Collateral Agent hereunder.

Appointment, Resignation and Removal. 1.1 You shall serve on the Board in accordance with, and subject to, the Certificate of Incorporation of the Company (as amended from time to time, the “Charter”), the By-Laws of the Company (as amended from time to time, the “By-Laws”) and the Stockholders Agreement, dated as of October 25, 2013, by and among the Company, Ares Corporate Opportunities Fund III, L.P., Ares Corporate Opportunities Fund IV, L.P., CPP Investment Board (USRE) Inc., ACOF Mariposa Holdings LLC and the other Securityholders (as defined therein) party thereto (as amended from time to time, the “Stockholders Agreement”). 1.2 You may resign as a Director at any time by providing written notice thereof in accordance with the By-Laws. In addition, you may be removed at any time in accordance with the Charter, the By-Laws and the Stockholders Agreement. 1.3 The Company may request that you serve as a director on the board of directors or other governing body of any of the Company’s subsidiaries, and your appointment, resignation or removal from any such board of directors or other governing body shall be subject to the certificate of incorporation and by-laws (or other similar governing documents) of such subsidiary and the Stockholders Agreement.

Appointment, Resignation and Removal. In the event there is a vacancy in the role of Manager, whether due to the removal or resignation of Manager, then a unanimous Vote by the Class A Members is required to appoint a new Manager. The Manager will serve in such capacity until its resignation or removal by unanimous vote of all of the Class A Members.

Appointment, Resignation and Removal. The Secured Parties hereby appoint CD Financial, LLC, as to act as the Collateral Agent for purposes of exercising any and all rights and remedies of the Secured Parties hereunder and under any other Transaction Document to which the Collateral Agent is a party. Any Person serving as the Collateral Agent may resign as Collateral Agent hereunder and thereunder at any time by giving written notice thereof to each Holder and the Debtors, and such resignation shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.2. Any Person serving as Collateral Agent may be removed at any time or from time to time by the affirmative vote of the Holders holding a majority of the outstanding principal of the Notes, and such removal shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.2.

Appointment, Resignation and Removal. OF TRUSTEE

Appointment, Resignation and Removal. The Secured Parties hereby appoint CD Financial, LLC to act as the Collateral Agent for purposes of exercising any and all rights and remedies of the Secured Parties hereunder. Any Person serving as the Collateral Agent may resign as Collateral Agent hereunder at any time by giving written notice thereof to each Holder, and such resignation shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.

Appointment, Resignation and Removal. The Secured Parties hereby appoint CD Financial, LLC, as to act as the Collateral Agent for purposes of exercising any and all rights and remedies of the Secured Parties hereunder and under any other Transaction Document to which the Collateral Agent is a party. Any Person serving as the Collateral Agent may resign as Collateral Agent hereunder and thereunder at any time by giving written notice thereof to each Holder and the Debtors, and such resignation shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.2. Any Person serving as Collateral Agent may be removed at any time or from time to time by the affirmative vote of the Holders holding a majority of the outstanding principal of the Notes, and such removal shall become effective upon the effectiveness of the appointment of a successor agent in accordance with Section 15.2.