Common use of Partnership Officers Clause in Contracts

Partnership Officers. The officers of the Partnership shall consist of a President and Chief Executive Officer ("CEO"), one or more Vice Presidents, a Secretary and such other officers and assistant officers and agents as may be deemed necessary or desirable by the Partnership Governance Committee. Officers shall be elected or appointed pursuant to Partnership Governance Committee Action (subject to Section 3.8.(X)) and shall have such authority and shall perform such duties in the management of the Partnership as may be provided in this Agreement or as may be determined by resolution of the Partnership Governance Committee (consistent with Section 3.8.(O)). In its discretion, the Partnership Governance Committee may leave unfilled any office or offices, except those of CEO and Secretary. Two or more offices may be held by the same person. The officers of the Company on the Conversion Date shall remain in office until such officers are changed by Partnership Governance Committee Action.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Lyondell Chemical Co), Credit Agreement (Lyondell Chemical Co), Revolving Credit Agreement (Lyondell Chemical Co)

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