Common use of Power to remove and replace Directors Clause in Contracts

Power to remove and replace Directors. Each Appointor may, by Notice in writing to the Trustee, remove and replace, from time to time, the persons appointed by it as a Director or Chairman. Except in cases of emergency, at least 5 Business Days’ Notice shall be given to the other Parties of any proposed appointment of a Director.

Appears in 6 contracts

Samples: Agreement (James Hardie Industries PLC), Funding Agreement, Funding Agreement

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Power to remove and replace Directors. Each Appointor may, by Notice in writing to the Trustee, remove and replace, from time to time, the persons appointed by it as a Director or Chairman. Except in cases of emergency, at least 5 Business Days’ Notice shall be given to the other Parties parties of any proposed appointment of a Director.

Appears in 1 contract

Samples: Final Funding Agreement (Hardie James Industries Nv)

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Power to remove and replace Directors. Each Appointor may, by Notice in writing to the Trustee, remove and replace, from time to time, the persons appointed by it as a Director or Chairman. Except in cases of emergency, at least 5 Business Days’ Days‟ Notice shall be given to the other Parties of any proposed appointment of a Director.

Appears in 1 contract

Samples: Funding Agreement

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