First Governors Sample Clauses

First Governors. The first Governors of the Company shall be the following, who are hereby elected to hold office until their successors are elected and qualified pursuant to the Operating Agreement of the Company: ______ ________________________________________________________________________________ _______________________________________________________________________________.
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First Governors. The initial Governors appointed by each of the Appointing Members are the individuals designated in the following table opposite the Appointing Member's name, as follows:
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First Governors. The first board of governors of the Company shall consist of Xxxxxxx Xxxxx, Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxx-Xxxxx and Xxxxxx X. Xxxxxxx, who are hereby elected to hold office until their successor(s) is (are) elected and qualified pursuant to the Operating Agreement of the Company.
Sample 1
First Governors. The first Governors of the Company are the following individuals named by the Organizer of the Company; and each of the Appointing Members hereby confirms that each of the initial Governor(s) designated below under the Appointing Member's name has been appointed on behalf of such Appointing Member, to hold office until his or her successor is elected and qualified pursuant to Section 10.1 and the Bylaws: Governors Appointed by GCN Governor Appointed by Metroplex -------------------------- ------------------------------- Lyle Xxxxxx Bretx Xxxino Stanxxx X. Xxxxx
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First Governors. The first Governors of the Company shall be the following, who are hereby elected to hold office until their successors are elected and qualified pursuant to the Operating Agreement of the Company: Wxxxxxx XxXxxx Fxxx Xxxxx Dxxxx Xxxx Wxxxxxx Xxxxx Axxxxxx Xxxx Jxxx Xxxx Mxxx Xxxxxxxx Txxx Xxxxxxx Mxxx Xxxxxx Jxxx Xxxx Wxxxxxx Xxxxxxxxx Lxx Xxxxxxxxx Txx Xxxxx Gxxx Xxxxxx Rxx Xxxxxx Dxxxxx Xxxxxxxx Rxxxxx Xxxxxxx Cxxxxxx Xxxxxxx Kxxxx Xxxxx Mxxxxx Xxxxxxx Gxxxx Xxxxxxxxx
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First Governors. 24 10.3 Removal, Resignation and Replacement of Governors..................................... 24 10.4 Term.................................................................................. 24 10.5
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Related to First Governors

  • Board of Governors the Board of Governors of the Federal Reserve System.

  • Regulations T, U and X No Loan Party is or will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation T, U or X), and no proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any purpose that violates, or is inconsistent with, the provisions of Regulation T, U and X.

  • Federal Reserve Board Regulations Neither the Company nor any of its Subsidiaries is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” within the respective meanings of such terms under Regulation U. No part of the proceeds of any Loan will be used for “purchasing” or “carrying” “margin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of the Regulations of the Board of Governors of the Federal Reserve System.

  • Regulations U and X No portion of any Loan is to be used, and no portion of any Letter of Credit is to be obtained, for the purpose of purchasing or carrying any "margin security" or "margin stock" as such terms are used in Regulations U and X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

  • Federal Reserve Notwithstanding any other provision of this Agreement to the contrary, any Financial Institution may at any time pledge or grant a security interest in all or any portion of its rights (including, without limitation, its portion of the Asset Portfolio and any rights to payment of Capital and Financial Institution Yield) under this Agreement to secure obligations of such Financial Institution to a Federal Reserve Bank, without notice to or consent of Seller or Agent; provided that no such pledge or grant of a security interest shall release a Financial Institution from any of its obligations hereunder, or substitute any such pledgee or grantee for such Financial Institution as a party hereto.

  • Regulation U Margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or other restriction hereunder.

  • Federal Reserve Bank Notwithstanding the foregoing provisions of this Section 11, any Lender may at any time pledge or assign all or any portion of such Lender's rights under this Agreement and the other Credit Documents to a Federal Reserve Bank; provided, however, that no such pledge or assignment shall release such Lender from such Lender's obligations hereunder or under any other Credit Document.

  • Federal Reserve Regulations (a) None of Holdings, the Borrower or any of the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock.

  • Federal Reserve Regulations; Use of Loan Proceeds Except for the Federal Reserve Form to be executed and delivered by the Borrower, no filing or other action is required under the provisions of Regulations T, U or X in connection with the execution and delivery by the Borrower of this Credit Agreement and neither the making of any Loan in accordance with this Credit Agreement nor the use of the proceeds thereof, will violate or be inconsistent with the provisions of Regulations T, U or X.

  • Notice of Governing Law This award of Restricted Stock Units shall be governed by, and construed in accordance with, the laws of the State of California, without regard to principles of conflict of laws.

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