Resignation of Officer Sample Clauses

Resignation of Officer. An officer may resign at any time by delivering written notice to the Company. The resignation shall be effective upon receipt, unless the notice specifies a later effective date. If the resignation is effective at a later date and the Company accepts the future effective date, the Member may fill the pending vacancy before the effective date provided the Member provides that the successor officer does not take office until the future effective date.
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Resignation of Officer. The Officer may resign for any reason; provided that, to the extent practicable, such Officer shall provide at least thirty (30) days’ written notice of such resignation. Service Provider may terminate this Agreement for cause pursuant to Section 7(B)(ii) and shall have no obligation to endeavor to make available another individual to act as the Officer, if (i) the Client’s governing documents do not, or no longer, contain the indemnity described in Section 2(F), or the Client has not secured or maintained the insurance policy described in Section 2(F); (ii) the Officer determines, in good faith, that the Client -- (a) has failed (I) to establish, maintain and implement a reasonable Client Compliance Program or (II) to secure the reasonable cooperation of those service providers to the Client or third parties (including Investment Advisers and Intermediaries) that are not affiliated with Service Provider with respect to the Client Compliance Program; (b) has failed (I) to establish, maintain and implement reasonable written policies and procedures related to the due diligence obligations of certifying officers under the Xxxxxxxx-Xxxxx Act of 2002 (“SOX disclosure controls and procedures”) or (II) to secure the reasonable cooperation of those service providers of the Client that are not affiliated with Service Provider with respect to the SOX disclosure controls and procedures; (c) has failed to secure and retain the services of reputable counsel or independent auditors; or (d) has violated, or is likely to violate or be deemed by any applicable Governmental Authority to have violated, any applicable Law, including any applicable securities laws; or (iii) The Officer, or Service Provider, has suffered a claim from a third party, or been threatened with such a claim, related to or arising out of the fact that the Officer was an officer of the Client. Effective immediately upon the termination or expiration of the Primary Agreement, the Officer shall be deemed to have resigned his or her office, with no requirement to deliver a resignation notice to the Client; provided that, to the extent practicable, such Officer shall provide at least thirty (30) days written notice of such resignation and no requirement by the Client to deliver a termination notice.
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Resignation of Officer. Effective as of the Date of Termination, Executive shall be deemed to have resigned from all Company-related positions, including as an officer and director of the Company and its Subsidiaries and affiliates.
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Resignation of Officer. Eric Langan shall have resigxxx xx xx ---------------------- officer and director of RCI Houston.
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Resignation of Officer. Effective on the Closing Date, all officers of the Company shall have resigned as such and the Company shall have appointed the Buyer as the sole officer and a director of the Company.
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Resignation of Officer. Xxxx Xxxx shall have resigned as an ------------------------ officer and director of the Company.
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Resignation of Officer. Upon termination hereof the Employee will resign as an officer of the Company and of any subsidiaries of affiliates, and of any other entity where the Employee has been appointed or nominated by the Company.
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Resignation of Officer. Michael Garland shall submxx xxx xxxxxxxxion as an officer of Maverick (but not as a director) effective as of the Closing Date.
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Related to Resignation of Officer

  • Removal and Resignation of Officers Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board or, except in the case of an officer chosen by the Board, by any officer upon whom such power of removal may be conferred by the Board. Any officer may resign at any time by giving written notice to the Corporation. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice. Unless otherwise specified in the notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Corporation under any contract to which the officer is a party.

  • Resignation of Officers and Directors Parent shall have received a written resignation from each of the officers and directors of the Company effective as of the Effective Time.

  • Appointment of Officers The Board shall appoint the officers of the Corporation, except such officers as may be appointed in accordance with the provisions of Section 5.3 of these bylaws.

  • Resignation of NCPS NCPS may resign and be discharged from the performance of its duties hereunder at any time by giving fifteen (15) business days prior written notice to the Broker and the Issuer specifying a date when such resignation shall take effect. Upon any such notice of resignation, the Broker and Issuer jointly shall appoint a successor NCPS hereunder prior to the effective date of such resignation. The retiring NCPS shall transmit all records pertaining to the Escrow Funds and shall pay all Escrow Funds to the successor NCPS, after making copies of such records as the retiring NCPS deems advisable. After any retiring NCPS’s resignation, the provisions of this Escrow Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it while it was escrow agent under this Escrow Agreement. Any corporation or association into which NCPS may be merged or converted or with which it may be consolidated shall be the escrow agent under this Escrow Agreement without further act.

  • Election of Officers After their election the Managers shall meet and organize by electing a President from their own number, a Secretary and a Treasurer, and any other officers determined to be necessary by the Board, who may, but need not, be Managers. Any two or more of such offices, except those of President and Secretary, may be held by the same person.

  • Certificate of Officer The Acquiror Company will have delivered to the Company a certificate, dated the Closing Date, executed by an officer of the Acquiror Company, certifying the satisfaction of the conditions specified in Sections 10.1, 10.2, and 10.3 relating to the Acquiror Company.

  • Resignation of Trustee Any Trustee hereunder may resign by a notice in writing delivered to the Grantor, if the Grantor is then living, and, after the Grantor’s death, to all current Beneficiaries of the Trust.

  • Resignation of Agent The Agent may resign at any time on ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Note Holders (it being agreed that a Servicer, the Trustee or a Certificate Administrator in a Securitization is satisfactory to the Note Holders), has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. The Initial Agent may transfer its rights and obligations to a Servicer, the Trustee or the Certificate Administrator, as successor Agent, at any time without the consent of any Note Holder. Notwithstanding the foregoing, the Note Holders hereby agree that, simultaneously with the closing of the Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place of the Initial Agent or any successor thereto prior to such Securitization without any further notice or other action. The termination or resignation of such Master Servicer, as Master Servicer under the Lead Securitization Servicing Agreement, shall be deemed a termination or resignation of such Master Servicer as Agent under this Agreement, and any successor master servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place thereof without any further notice or other action.

  • Resignation as Officer or Director Upon a termination of employment for any reason, Executive shall, resign each position (if any) that Executive then holds as an officer or director of the Company and any of its affiliates. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

  • Resignation of Directors A director may resign at any time by delivering written notice to the Board, its Chairman (as hereinafter defined), if any, or the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date.

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