Common use of President/Chief Executive Officer Clause in Contracts

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each President, subject to the direction and supervision of the Board, shall be the chief executive officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President shall perform the duties of the Chairman, and each President, when so acting, shall have all of the powers of the Chairman.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Sprague Resources LP), Limited Liability Company Agreement (Hartree Bulk Storage, LLC), Limited Liability Company Agreement (Sprague Resources LP)

AutoNDA by SimpleDocs

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each President, subject to the direction and supervision of the Board, shall be the chief executive officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiariessubsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President shall perform the duties of the Chairman, and each President, when so acting, shall have all of the powers of the Chairman.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Oiltanking Partners, L.P.), Limited Liability Company Agreement (Oiltanking Partners, L.P.), Limited Liability Company Agreement (Oiltanking Partners, L.P.)

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each Presidentserve, subject to the direction and supervision of the Board, shall be as the chief executive officer President and/or Chief Executive Officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiariessubsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President and/or Chief Executive Officer shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President and/or Chief Executive Officer shall perform the duties of the Chairman, and each PresidentPresident and/or Chief Executive Officer, when so acting, shall have all of the powers of the Chairman.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Western Refining Logistics, LP)

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each Presidentserve, subject to the direction and supervision of the Board, shall be as the chief executive officer President and/or Chief Executive Officer of the Company and Company, who shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiariessubsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President and/or Chief Executive Officer shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by such officer, the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President and/or Chief Executive Officer shall perform the duties of the Chairman, and each PresidentPresident and/or Chief Executive Officer, when so acting, shall have all of the powers of the Chairman.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (PBF Logistics LP), Limited Liability Company Agreement (PBF Logistics LP), Limited Liability Company Agreement (PBF Logistics LP)

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each Presidentserve, subject to the direction and supervision of the Board, shall be as the chief executive officer President and/or Chief Executive Officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership EnLink Midstream and its Subsidiariessubsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President and/or Chief Executive Officer shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President and/or Chief Executive Officer shall perform the duties of the Chairman, and each PresidentPresident and/or Chief Executive Officer, when so acting, shall have all of the powers of the Chairman.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (EnLink Midstream, LLC), Limited Liability Company Agreement (EnLink Midstream, LLC), Limited Liability Company Agreement (Devon Energy Corp/De)

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, unless determined otherwise by the Board, each President, subject to the direction and supervision of the Board, shall be the chief executive officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President shall perform the duties of the Chairman, and each President, when so acting, shall have all of the powers of the Chairman.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CrossAmerica Partners LP)

AutoNDA by SimpleDocs

President/Chief Executive Officer. The Board shall elect appoint one or more individuals to serve as President. In general, each Presidentserve, subject to the direction and supervision of the Board, shall be as the chief executive officer President and/or Chief Executive Officer of the Company Company, and such individual or individuals shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiaries, and its their officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each President and/or Chief Executive Officer shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President and/or Chief Executive Officer shall perform the duties of the Chairman, and each PresidentPresident and/or Chief Executive Officer, when so acting, shall have all of the powers of the Chairman.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enviva Partners, LP)

President/Chief Executive Officer. The Board shall elect one or more individuals to serve as President. In general, each President, subject to the direction and supervision of the Board, shall be the chief executive officer of the Company and shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiariessubsidiaries, and its officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time Table of Contents to time by the Board. Each President shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a President shall perform the duties of the Chairman, and each President, when so acting, shall have all of the powers of the Chairman.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CVR Partners, Lp)

President/Chief Executive Officer. The Board shall elect appoint one or more individuals to serve as President. In general, each Presidentserve, subject to the direction and supervision of the Board, shall be as the chief executive officer President and/or Chief Executive Officer of the Company Company, and such individual or individuals shall have general and active management and control of the affairs and business and general supervision of the Company, and the Partnership and its Subsidiaries, and its their officers, agents and employees, and shall perform all duties incident to the office of chief executive officer of the Company and such other duties as may be prescribed from time to time by the Board. Each The President and/or Chief Executive Officer shall have the nonexclusive authority to sign on behalf of the Company any deeds, mortgages, leases, bonds, notes, certificates, contracts or other instruments, except in cases where the execution thereof shall be expressly delegated by the Board or by this Agreement to some other Officer or agent of the Company or shall be required by law to be otherwise executed. In the absence of the Chairman, or the Vice Chairman, if there is one, or in the event of the Chairman’s inability or refusal to act, a the President and/or Chief Executive Officer shall perform the duties of the Chairman, and each Presidentthe President and/or Chief Executive Officer, when so acting, shall have all of the powers of the Chairman.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BP Midstream Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.