Removal of Members. A Party-Appointed Arbitrator may be removed at any time by the party who appointed that Member upon five (5) Business Days notice to the other party of the selection of a replacement Member. The Neutral Member may be removed by unanimous action of the Party-Appointed Arbitrators or unanimous action of the parties after five (5) Business Days notice to the Claimant Party and the Respondent Party and the Arbitration Administrator of the selection of a replacement Neutral Member.
Removal of Members. (a) A Member may be removed as a Member by the Manager under the following circumstances:
Removal of Members. A Member may be removed upon a two-thirds (2/3) vote of the Voting-Members. The removed Member shall not receive any refund or compensation from OAK- TAC.
Removal of Members. Except as otherwise provided in this Agreement, no Member shall be removed from membership in the Company without such Member’s consent.
Removal of Members. (a) A Member may be removed from the Company in any of the following circumstances (and for no other reason):
Removal of Members. A Party-Appointed Arbitrator may be removed at any time by the Party that appointed that Member upon written notice to the other Party of the selection of a replacement Member, who shall be considered a Party-Appointed Arbitrator. No such replacement Party-Appointed Arbitrator shall become a Member of a Review Board until he or she agrees in writing to be bound by the provisions of this Article 7. The Neutral Member may be removed by unanimous action of the Party-Appointed Arbitrators after five (5) Business Days’ written notice to the Claimant Party and the Respondent Party or by the unanimous action of the Parties. In any such event, the Party-Appointed Arbitrators must notify the Arbitration Administrator in writing of the selection of a replacement Neutral Member. No such replacement Neutral Member shall become a Member of a Review Board until he or she agrees in writing to be bound by the provisions of this Article 7 and provides to the Parties a written statement that he or she does not have any official, financial, or personal conflict of interest with respect to the Dispute Item or the Parties.
Removal of Members. The Board of Directors may terminate the membership of Member for cause, including but not limited to material violation of the Bylaws or nonpayment of obligations, subject to any applicable regulatory approvals. Such Board of Directors termination shall be after an affirmative vote consistent with the voting procedures in the Bylaws. Where membership is terminated by the Board, Member shall comply with the requirements of Section 4.2 of this Agreement as if it had voluntarily withdrawn from SPP.
Removal of Members. (a) Any Member may be removed by vote of the MMC (i) if such Member is a Defaulting Member or (ii) upon a determination by counsel of the Company that the continued membership of such Member will cause the Company to violate applicable law; provided, that the Member whose removal is the subject of such vote shall not be entitled to vote on such matter.
Removal of Members. A Party-Appointed Arbitrator may be removed at any time by the party who appointed that Member upon five (5) Business Days notice to the other party of the selection of a replacement Member. The Neutral Member may be removed by unanimous action of the Party-Appointed Arbitrators or unanimous action of the parties after five (5) Business Days notice to the Claimant Party and the Respondent Party and the Arbitration Administrator of the selection of a replacement Neutral Member. Module 1 — Whole Bank w/ Optional Shared Loss Agreements Coastal Bank Version 3.01 — Single family Shared-Loss Agreement Cocoa Beach, FL December 8, 2010 SF-19
Removal of Members. A member may be removed from the ISAC Group Benefits Program for failure to fulfill their financial obligations. The decision to remove a member of the ISAC Group Benefits Program shall be made by a two-thirds (2/3) vote of the ISAC Group Benefits Program Board of Directors. Removal shall be effective at the end of the fiscal year following the vote to remove. Removal from the ISAC Group Benefits Program shall not relieve the entity of their financial obligations.
