Qualification and Election Sample Clauses

Qualification and Election. The Managers of the Company shall be selected by the Initial Member. The Initial Member may appoint additional Managers from time to time in its discretion, with such title and such roles as the Initial Member may specify.
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Qualification and Election. The Chairman shall be a member of the Research Board. The first Chairman of the Research Board shall be Xxxx Xxxxxxx, former Director of the National Science Foundation (“NSF”). Each subsequent Chairman shall be elected by the Research Board to serve such term as is set forth in resolutions or Bylaws adopted by the Research Board
Sample 1
Qualification and Election. The membership shall consist of individuals and organizations interested in information security. Charter members shall be those persons identified as such on the charter roll of the Chapter and maintained by the Secretary. Membership is restricted to exclude anyone who has been convicted of criminal activity or conduct that is considered contrary to community standards of justice, honesty, or good morals in the past four (4) years. Members are required to abide by the (ISC)2 Code of Ethics. The members may, at their annual meeting, change the criteria for membership.
Sample 1
Qualification and Election. The officers of COMCARE shall include a Chair, a Vice Chair, a Secretary and a Treasurer. The Chair, Vice Chair and Secretary shall be natural persons of full age. The Treasurer may be a corporation or other entity, but if the Treasurer is a natural person he or she shall be of full age. The Chair shall be a Director and shall be appointed by the President of CCAP. The Vice Chair and Secretary shall be Directors and shall be elected by a majority of the Board of Directors at the Reorganizational Meeting. So long as CCAP provides administrative and management services for COMCARE, CCAP shall be the Treasurer. If CCAP ceases to provide administrative and management services for COMCARE, then the Treasurer shall be elected by a majority of the Board of Directors at the Reorganizational Meeting.
Sample 1
Qualification and Election. Directors need not be shareholders or residents of this State, but must be twenty-one (21) years of age. They shall be elected by a plurality of the votes cast at the annual meetings of the shareholders. Each director shall hold office until the next annual meeting of shareholders following his election, unless elected for a staggered or longer term. Despite expiration of the term of a director, such term shall continue until his successor has been elected and qualified, or the number of directors has been reduced.
Sample 1
Qualification and Election. Directors need not be shareholders or residents of the State of Incorporation, but must be of legal age. They shall be elected by the unanimous vote of the Shareholders at their annual meetings. Each Directors shall hold office until the expiration of his term and thereafter until his successor has been elected and qualifies to serve.
Sample 1

Related to Qualification and Election

  • Qualification and Good Standing Each Loan Party is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so qualified or in good standing has not had and will not have a Material Adverse Effect.

  • Qualifications for Voting To be entitled to vote at any meeting of Holders a Person shall (a) be a Holder of one or more Notes on the record date pertaining to such meeting or (b) be a Person appointed by an instrument in writing as proxy by a Holder of one or more Notes on the record date pertaining to such meeting. The only Persons who shall be entitled to be present or to speak at any meeting of Holders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any representatives of the Company and its counsel.

  • Term and Election The Board of Trustees shall be divided into three classes, designated Class I, Class II and Class III. Each class shall consist, as nearly as may be possible, of one-third of the total number of trustees constituting the entire Board of Trustees. Within the limits above specified, the number of the Trustees in each class shall be determined by resolution of the Board of Trustees. The term of office of the first class shall expire on the date of the first annual meeting of Shareholders or special meeting in lieu thereof following the effective date of the Registration Statement relating to the Shares under the Securities Act of 1933, as amended. The term of office of the second class shall expire on the date of the second annual meeting of Shareholders or special meeting in lieu thereof following the effective date of the Registration Statement relating to the Shares under the Securities Act of 1933, as amended. The term of office of the third class shall expire on the date of the third annual meeting of Shareholders or special meeting in lieu thereof following the effective date of the Registration Statement relating to the Shares under the Securities Act of 1933, as amended. Upon expiration of the term of office of each class as set forth above, the number of Trustees in such class, as determined by the Board of Trustees, shall be elected for a term expiring on the date of the third annual meeting of Shareholders or special meeting in lieu thereof following such expiration to succeed the Trustees whose terms of office expire. The Trustees shall be elected at an annual meeting of the Shareholders or special meeting in lieu thereof called for that purpose, except as provided in Section 2.3 of this Article and each Trustee elected shall hold office until his or her successor shall have been elected and shall have qualified. The term of office of a Trustee shall terminate and a vacancy shall occur in the event of the death, resignation, removal, bankruptcy, adjudicated incompetence or other incapacity to perform the duties of the office, or removal, of a Trustee.

  • Tax Qualification Each Employee Benefit Plan intended to be qualified under Section 401(a) of the Code has been determined to be so qualified by the Internal Revenue Service and nothing has occurred since the date of the last such determination which resulted or is likely to result in the revocation of such determination.

  • Qualification and Taxation as a REIT The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2011, and the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its shareholders to be so qualified.

  • Number, Election and Term of Office The Board of Directors shall consist of not fewer than one (1) or more than five (5) persons, or such other number as is fixed from time to time by the vote of a majority of the entire Board of Directors or by action of the Sole Member or Members of the Company. Directors shall be elected at the annual meeting of the Sole Member or Members for a term of one year, and shall hold office until their successors are elected, or until their earlier death, resignation or removal as provided in this Agreement.

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