Powers and Number Sample Clauses

Powers and Number. The Corporation shall be managed by the Board. The initial Board shall be as set forth in the Certificate of Incorporation and shall hold office until the Class A directors of each Participating Jurisdiction shall have qualified as provided in this Section 4.2. Subject to any change to the status of any Participating Jurisdiction as a result of a withdrawal of a Participating Jurisdiction under the terms set forth in Article X, Section 10.1 below, the Board shall consist of two Class A directors from each Participating Jurisdiction. Each Participating Jurisdiction shall appoint two individuals to serve as Class A directors. Each Class A director shall provide written notice to the Chair of his or her acceptance of the position of Class A director of the Corporation. Each Participating Jurisdiction shall have the right to name up to two individuals, each of whom is an employee, officer or elected officer of the jurisdiction as Class B directors to serve in accordance with these By-Laws. The appointing authority of the jurisdiction shall notify the Chair in writing of the individuals so named. Each Class B director shall provide written notice to the Chair of his or her acceptance of the position of Class B director of the Corporation. The Board shall have the power, to be exercised through amendment of the By-Laws in the manner set forth in the By-Laws, to authorize additional directorships or to remove directorships previously authorized.
Sample 1
AutoNDA by SimpleDocs
Powers and Number. The Board of Trustees (the "Board") shall have general power to control and manage the affairs and property of the Foundation in accordance with the purposes and limitations set forth in the Will. The number of Trustees constituting the entire Board shall be not less than three and may be fixed from time to time by a majority of the entire Board, subject to the following: a) during the period from the date hereof through December 31, 1996, the number of Trustees shall not exceed seven; b) during the period from January 1, 1997 through December 31, 1997 the number of Trustees shall not exceed eight; c) during the period from January 1, 1998 through December 31, 1998 the number of Trustees shall not exceed nine; d) during the period from January 1, 1999 through December 31, 1999 the number of Trustees shall not exceed ten; and e) during the period from January 1, 2000 through December 31, 2000 the number of Trustees shall not exceed eleven. No decrease in number of Trustees shall act to remove any incumbent Trustee, except in accordance with Section 1.3 of this By-Law Agreement.
Sample 1

Related to Powers and Number

  • Designation and Number A series of Partnership Units in the Partnership designated as the 7.75% Series D Cumulative Redeemable Preferred Units (the "Series D Preferred Units") is hereby established. The number of Series D Preferred Units shall be 1,595,337.

  • Designation and Number of Shares The shares of such series shall be designated as "Series A Participating Cumulative Preferred Stock" (the "Series A Preferred Stock"), and the number of shares constituting such series shall be 100,000. Such number of shares of the Series A Preferred Stock may be increased or decreased by resolution of the Board of Directors; provided that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than the number of shares then outstanding plus the number of shares issuable upon exercise or conversion of outstanding rights, options or other securities issued by the Corporation.

  • Titles and Number The Officers of the Company shall be the Chairman of the Board (unless the Board of Directors provides otherwise), the Chief Executive Officer, the President, any and all Vice Presidents (including any Vice Presidents who may be designated as Executive Vice President or Senior Vice President), the Secretary, the Chief Financial Officer, any Treasurer and any and all Assistant Secretaries and Assistant Treasurers and the General Counsel. There shall be appointed from time to time such Vice Presidents, Secretaries, Assistant Secretaries, Treasurers and Assistant Treasurers as the Board of Directors may desire. Any person may hold more than one office.

  • Type and Jurisdiction of Organization, Organizational and Identification Numbers The type of entity of such Grantor, its state of organization, the organizational number issued to it by its state of organization and its federal employer identification number are set forth on Exhibit A.

  • OWNERSHIP ACT The Promoter has assured the Allottees that the project in its entirety is in accordance with the provisions of the West Bengal Apartment Ownership Act,1972. The Promoter showing compliance of various laws/regulations as applicable in the State of West Bengal.

  • RESERVATION OF NAME The Investment Adviser shall at all times have all rights in and to the Portfolio’s name and all investment models used by or on behalf of the Portfolio. The Investment Adviser may use the Portfolio’s name or any portion thereof in connection with any other mutual fund or business activity without the consent of any shareholder and the Fund shall execute and deliver any and all documents required to indicate the consent of the Fund to such use. The Fund hereby agrees that in the event that neither the Investment Adviser nor any of its affiliates acts as investment adviser to the Portfolio, the name of the Portfolio will be changed to one that does not suggest an affiliation with the Investment Adviser.

  • Notification of address and fax number Promptly upon receipt of notification of an address and fax number or change of address or fax number pursuant to Clause 31.2 (Addresses) or changing its own address or fax number, the Agent shall notify the other Parties.

  • Formation and Name Office; Purpose; Term

  • Formation of LLC THIS OPERATING AGREEMENT (“Agreement”) is entered into on , by the following: Single-Member: _ _, with a mailing address: _ _ (“Member”). The Member in the above-described Limited Liability Company (“LLC”) agrees as follows:

  • Formation of Limited Liability Company The Company was formed on January 13, 2017, pursuant to the Delaware Limited Liability Company Act, 6 Del. C. § 18-101, et seq., as amended from time to time (the “Delaware Act”), by the filing of a Certificate of Formation of the Company with the office of the Secretary of the State of Delaware. The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Delaware Act. To the extent this Agreement is inconsistent in any respect with the Delaware Act, this Agreement shall control.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!