Faculty Appointments Faculty Members shall be appointed as one of the following:
Terms of Appointment Every separate trustee and co-trustee will be appointed and act subject to the following:
TERMINATION OF APPOINTMENT 6.1 The Issuer may terminate the appointment of the Calculation Agent at any time by giving to the Calculation Agent at least 45 days' prior written notice to that effect, provided that, so long as any of the Relevant Notes is outstanding:
Duration of Appointment The Employment shall be deemed to have commenced on the Commencement Date and shall continue unless terminated in accordance with the provisions of this Agreement.
Term Appointments 16.3.4.1 A Term appointment carries no implication of renewal or continuation beyond the contractually limited term. A person holding a Term appointment may apply for a Probationary or Continuing appointment if such a position is available.
Limited Term Appointments (A) A limited term appointment is for a stated period of time, and carries no implication of renewal or continuation beyond the stated term of the limited term appointment. Notwithstanding, a member hired pursuant to [(B) (e)] below shall be given a probationary appointment, provided the member completes the required qualifications for the position, as set out in the letter of appointment, within the time period specified in his/her letter of appointment.
Initial Appointments The Company appoints the Trustee as the initial Paying Agent, the initial Registrar and the initial Conversion Agent.