Designation of Operating Manager Sample Clauses

Designation of Operating Manager. (a) ESPC is hereby designated and agrees to serve as Operating Manager of the Pipeline. Notwithstanding the foregoing, the Joint Venturers have entered into an agreement between the Joint Venture and ANR Pipeline Company ("ANR"), an Affiliate of ESPC, pursuant to which ANR has assumed the duties and obligations of Operating Manager hereunder for the term set forth in such agreement. (b) The Joint Venturers (other than the Joint Venturers who are Affiliates of the Operating Manager) may vote to remove the Operating Manager for good cause; provided, that such Joint Venturers (or any of them) shall have given at least sixty (60) days' notice to the Operating Manager of the action contemplated by such Joint Venturer or Joint Venturers, together with the reasons therefor, and the Operating Manager shall not have rectified or cured, to the satisfaction of such Joint Venturer or Joint Venturers, the acts or omissions specified by such Joint Venturer or Joint Venturers. The Management Committee shall select a replacement Operating Manager to become effective upon the removal of any Operating Manager.
Sample 1
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Related to Designation of Operating Manager

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