Number and Qualifications of Trustees Sample Clauses

Number and Qualifications of Trustees. The School shall be governed by a self- perpetuating Board of Trustees consisting of not less than five (5) and not more than fifteen (15), as may be fixed from time to time by resolution of the Board of Trustees, and consisting of an odd number at all times for voting purposes. To effectuate the preceding provision, at any time when the Board is comprised of an even number of trustees, the chair shall designate the most junior non-officer trustee, or one among the most junior non-officer trustees, as a nonvoting trustee until such time as the Board is comprised of an odd number of trustees. The Board of Trustees shall include at least two parents of students attending the School. The majority of Trustees shall be residents of Washington, DC. If a DC resident trustee anticipates relocating outside the District of Columbia or has done so, or the child of a parent trustee is expected to graduate or otherwise leave the School or has done so, and either such action will cause or has caused the Board to be in noncompliance with the parent trustee or DC residency requirements stated herein, then the Board shall take such action as is necessary to prevent such noncompliance from occurring, or to restore compliance as soon as reasonably possible, including accepting the resignation of the trustee involved, or requiring his or her removal from the Board if a resignation is not forthcoming, and electing a successor trustee.
Sample 1
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Number and Qualifications of Trustees. The Board shall be comprised of an odd number of members not less than five (5) nor more than 15, of which a majority shall be residents of the District of Columbia. Upon the Corporation's commencement of operations as a public charter school, the Board shall include at least two (2) parents of students attending the school. During the first three years of operation as a public charter school, the Board shall include at least two founding members of the Corporation, or their designees. The Board may modify requirements or qualifications related to the membership of the Board, including setting a fixed number of Trustees, by Board resolution or amendment of the Bylaws. No decrease in the number of Trustees shall have the effect of shortening the term of any incumbent Trustee.
Sample 1

Related to Number and Qualifications of Trustees

  • Organization and Qualification The Company and each of the Subsidiaries is an entity duly incorporated or otherwise organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted. Neither the Company nor any Subsidiary is in violation nor default of any of the provisions of its respective certificate or articles of incorporation, bylaws or other organizational or charter documents. Each of the Company and the Subsidiaries is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, could not have or reasonably be expected to result in: (i) a material adverse effect on the legality, validity or enforceability of any Transaction Document, (ii) a material adverse effect on the results of operations, assets, business, prospects or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole, or (iii) a material adverse effect on the Company’s ability to perform in any material respect on a timely basis its obligations under any Transaction Document (any of (i), (ii) or (iii), a “Material Adverse Effect”) and no Proceeding has been instituted in any such jurisdiction revoking, limiting or curtailing or seeking to revoke, limit or curtail such power and authority or qualification.

  • Tenderers Eligibility and Qualifications 2.11.1Pursuant to paragraph 2.1. The tenderers shall furnish, as part of its tender, documents establishing the tenderers eligibility to tender and its qualifications to perform the Framework Agreement if its tender is accepted.

  • Organization, Good Standing and Qualification The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

  • Required Qualifications Not Applicable

  • Required Qualifications for Surety The Contract provides that the surety and insurance companies must be acceptable to the Owner. Only those sureties listed in the Department of Treasury’s Listing of Approved Sureties (Department Circular 570) are acceptable to the Owner. All bonds at the time of issuance must be issued by a company authorized by the Insurance Commissioner to transact the business of suretyship in the State of Georgia, and shall have a Best Policyholders Rating of "A-" or better and with a financial size rating of Class V or larger.

  • IRO Qualifications The IRO shall:

  • Staff Qualifications a) CONTRACTOR shall ensure that all individuals employed, contracted, and/or otherwise hired by CONTRACTOR to provide classroom and/or individualized instruction or related services hold a license, certificate, permit, or other document equivalent to that which staff in a public school are required to hold in the service rendered consistent with Education Code section 56366.1(n)(1) and are qualified pursuant to Title 5 of the California Code of Regulations sections 3064 and 3065.

  • General Qualifications General qualifications commonly required of all candidates for, appointees to, and employees in the classified service such as integrity, honesty, sobriety, dependability, industry, thoroughness, accuracy, good judgment, initiative, resourcefulness, courtesy, ability to work cooperatively with others, good health, and freedom from disabling defects, shall be deemed to be a part of the personal characteristics of the minimum qualifications of each class specification and need not be specifically set forth therein. The Commission may prescribe alternative or additional qualifications for individual classes and such qualifications also shall be deemed to be a part of the specifications for such classes.

  • Representations and Warranties of the Sponsor The Sponsor hereby represents and warrants to the Owner Trustee that:

  • Representations and Warranties of the Issuer The Issuer represents and warrants that:

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