Chairman of the Executive Board Sample Clauses

Chairman of the Executive Board. The President of the Fund shall be the Chairman of the Executive Board and shall participate in its meetings without the right to vote.
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Chairman of the Executive Board. 1. The Chairman of the Executive Board shall manage the activities of the Bank and the Executive Board in accordance with the scope of his rights and powers as indicated in this Charter and resolutions of the Council. 2. The Chairman of the Executive Board shall be elected for a term of four years and may be re-elected. The Chairman of the Executive Board may be relieved from office by a vote of not less than three-fourths of the total number of members of the Council. The Chairman of the Executive Board shall attend meetings of the Council and have a deliberative vote. The Chairman of the Executive Board may not at the same time be an plenipotentiary representative of a member in the Council or his/her deputy. 3. The Chairman of the Executive Board shall be the official representative of the Bank and have the powers to: (a) manage the day-to-day business of the Bank in accordance with resolutions of the Council and Executive Board; (b) enter into transactions on behalf of the Bank without a power of attorney, and represent the interests of the Bank in relationships with states and international financial institutions and other organisations; (c) approve the staffing table of Bank; employ and dismiss employees of the Bank, and determine their duties and remuneration within the limits of a budget approved by the Council; (d) propose candidates for the Internal Audit Service; and (e) issue orders and instructions binding on all employees of the Bank. 4. The Chairman of the Executive Board shall be responsible to the Council for implementing resolutions of the Council, organising the operation of the Bank, and the Bank’s performance. 5. The Council shall appoint Deputy Chairmen of the Executive Board on proposals by the Chairman of the Executive Board, and the Chairman of the Council shall determine the duties and powers of such Deputies. Deputy Chairmen of the Executive Board shall be members of the Executive Board. In the absence of the Chairman of the Executive Board, his/her duties and powers shall be exercised by a Deputy appointed by him/her. If the Chairman of the Executive Board is unable to perform his/her duties, one of his/her Deputies selected by the Chairman of the Council shall act in his/her stead and exercise his/her powers.
Sample 1
Chairman of the Executive Board. The Supervisory Board elects a Chairman from among the members of the Executive Board to serve for the duration of his appointment as a member of the Executive Board. The Chairman of the Executive Board represents us in our relations with third parties. The Supervisory Board may assign this power of representation to one or more other members of the Executive Board. Assignees have the title of General Manager.
Sample 1

Related to Chairman of the Executive Board

  • Chairman of the Board The Chairman of the Board shall preside at all meetings of the Board of Directors and of the unitholders of the MLP; and he shall have such other powers and duties as from time to time may be assigned to him by the Board of Directors.

  • Executive Board In addition to the rules in Section 6.2, the following rules shall apply:

  • Chairman An individual (who need not be a Registered Warrantholder) designated in writing by the Warrant Agent shall be chairman of the meeting and if no individual is so designated, or if the individual so designated is not present within fifteen minutes from the time fixed for the holding of the meeting, the Registered Warrantholders present in person or by proxy shall choose an individual present to be chairman.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • CHAIRMAN AND VICE-CHAIRMAN OF THE GOVERNORS The Governors shall each school year, at their first meeting in that year, elect a chairman and a vice-chairman from among their number. A Governor who is employed by the Academy Trust shall not be eligible for election as chairman or vice-chairman.

  • The Board (a) The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director and the provisions of Section 3.3 hereof with respect to the election of Directors by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Director. The names and mailing addresses of the Directors shall be set forth in the books and records of the Company. The number of Directors shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors shall at all times be at least one and no more than ten as determined, from time to time, by the Directors pursuant to this Agreement. (b) Each Director shall serve as a Director for the duration of the term of the Company, unless his or her status as a Director shall be sooner terminated pursuant to Section 4.2 hereof. If any vacancy in the position of a Director occurs, the remaining Directors may appoint a person to serve in such capacity, provided that, at any time the Company is registered under the Company Act, such appointment is in accordance with the Company Act. The Directors may call a meeting of Members to fill any vacancy in the position of Director, and shall do so at any time the Company is registered under the Company Act and such meeting is required by the Company Act. (c) In the event that no Director remains to continue the business of the Company, the Investment Manager shall promptly call a meeting of the Members, to be held within 60 days after the date on which the last Director ceased to act in that capacity, for the purpose of determining whether to continue the business of the Company and, if the business shall be continued, of electing the required number of Directors to the Board. If the Members shall determine at such meeting not to continue the business of the Company or if the required number of Directors is not elected within 60 days after the date on which the last Director ceased to act in that capacity, then the Company shall be dissolved pursuant to Section 6.1 hereof and the assets of the Company shall be liquidated and distributed pursuant to Section 6.2 hereof.

  • The Board of Directors of Buyer shall have approved this Agreement and Buyer's acquisition of the Assets contemplated hereby.

  • Chairman of the Trustees The Trustees may appoint one of their number to be Chairman of the Board of Trustees. The Chairman shall preside at all meetings of the Trustees at which he is present and may be (but is not required to be) the chief executive officer of the Trust.

  • Meeting of the Board of Directors The Board of Directors of the Company may hold meetings, both regular and special, within or outside the State of Delaware. Regular meetings of the Board may be held without notice at such time and at such place as shall from time to time be determined by the Board. Special meetings of the Board may be called by the President on not less than one day’s notice to each Director by telephone, facsimile, mail, telegram or any other means of communication, and special meetings shall be called by the President or Secretary in like manner and with like notice upon the written request of any one or more of the Directors.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

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