Right of appointment Sample Clauses

Right of appointment. (99) The Provisions of Article 11 and 12 and, Article 14 in respect to displacement or bulletining will not apply to the following classifications:  Head Xxxxxx  Senior Assistant Housekeeper  Housekeeping Coordinator Appointments to such positions shall be made by the Company with preference being given to qualified employees within the Department concerned. Seniority shall be a considering factor in the making of such appointments. The Local Chairperson shall, on request be furnished with reasons why a senior employee desiring such appointment does not receive it. The decision of the Company shall be subject to appeal as to sufficiency of reasons for not appointing the senior person. Employees in the Department concerned shall be notified of prospective vacancies so that they may indicate their desire to be considered for appointment. It is understood that this provision will not prevent employees holding these positions from exercising their right to apply for other posted positions and to be protected by the technological provision or abolishment of positions as prescribed in Article 14.
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Right of appointment. (1997) The provisions of Article 19 shall not apply to the following positions: Assistant Steward Sr Chef de partie Sr Supervisor Supervisor Appointments to such positions shall be made by the Company with preference being given to qualified employees in the department concerned and seniority shall be a consideration. The Local Chairperson shall, on request, be furnished with reasons why a senior employee desiring such appointment does not receive it. The decision of the Company shall be subject to appeal as to sufficiency of reasons for not appointing the senior employee. Employees in the department concerned shall be notified of prospective vacancies so that they may indicate their desire to be considered for appointment.
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Right of appointment. The right of appointment conferred on a Shareholder under sub-Clause (B) above shall include the right of that Shareholder to remove at any time from office such person appointed by that Shareholder as a Director and the right of that Shareholder at any time and from time to time to determine the period during which such person shall hold the office of Director.
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Right of appointment. (99) The Provisions of Article and and, Article in respect to displacement or bulletiningwill not apply to the following classifications: Head Xxxxxx Senior Assistant Housekeeper Housekeeping Coordinator Appointments to such positions shall be made by the Company with preference being given to qualified employees within the Department concerned. Seniority shall be a considering factor in the making of such appointments. The Local Chairperson shall, on request be furnished with reasons why a senior employee desiring such appointment does not receive it. The decision of the Company shall be subject to appeal as sufficiency of reasons for not appointing the senior person. Employees in the Department concerned shall be notified of prospective vacancies so that they may indicate their desire to be considered for appointment. It is understood that this provision will not prevent employees holding these positions from exercising their right to apply for other posted positions and to be protected by the technological provision or abolishment of positions as prescribed in Article Recognition
Sample 1
Right of appointment. The Company hereby grants the Shareholder the option and right to appoint (such right, the “Observer Appointment Right”) a representative of the Shareholder’s sole choice (the “Board Observer”) to attend all meetings of the Board (both regular and special), should the Shareholder so decide, and, upon the written request of the Shareholder, receive minutes of such meetings. The Observer Appointment Right may only be exercised during the six (6) month period following the first anniversary of this Agreement; provided that the Observer Appointment Right is contingent upon the Shareholder having beneficial ownership of five percent (5%) or more of the outstanding Shares of the Company (the “Ownership Threshold”) at the time of appointment. The Shareholder may exercise the Observer Appointment Right pursuant to the provisions of Section 2.2 below. The Board Observer, once appointed, shall serve for a period equal to the shorter of two (2) years or the date at which the Shareholder’s holdings fall below the Ownership Threshold through disposition of Shares by the Shareholder (the “Observation Period”). For avoidance of doubt, the Shareholder shall not be deemed to be below the Ownership Threshold if its beneficial ownership is decreased due to an issuance of Shares by the Company and the Shareholder shall maintain its Observer Appointment Right unless its own disposition of Shares causes it to fall below the Ownership Threshold. The Board Observer shall not constitute a member of the Board and shall not be entitled to vote on, or consent to, any matters presented to the Board.
Sample 1

Related to Right of appointment

  • Terms of Appointment Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints RPS to perform the services and functions described herein in connection with certain Retirement Plan and Retirement Accounts as agreed upon by the parties.

  • Term of Appointment 2.1 The Appointment shall commence on the Commencement Date and shall continue, subject to the remaining terms of this agreement, until terminated by either party giving the other not less than three months’ prior notice in writing.

  • Scope of Appointment A. Subject to the conditions set forth in this Agreement, the Fund hereby appoints DST as Transfer Agent and Dividend Disbursing Agent.

  • Termination of Appointment 6.1 The Issuer may terminate the appointment of the Calculation Agent at any time by giving to the Calculation Agent at least 45 days' prior written notice to that effect, provided that, so long as any of the Relevant Notes is outstanding:

  • ACCEPTANCE OF APPOINTMENT The Adviser accepts that appointment and agrees to render the services herein set forth, for the compensation herein provided. The assets of the Allocated Portion will be maintained in the custody of a custodian (who shall be identified by the Manager in writing). The Adviser will not have custody of any securities, cash or other assets of the Fund and will not be liable for any loss resulting from any act or omission of the custodian other than acts or omissions arising in reliance on instructions of the Adviser.

  • Exclusive Appointment The Company acknowledges that the appointment of the Manager hereunder is an exclusive appointment for the Term. The Company shall not appoint other managers with respect to the Vessels or the Containership business during the Term, except in circumstances in which it is necessary to do so in order to comply with Applicable Laws or as otherwise agreed by the Manager in writing. This Section 2.5 does not prohibit the Company from having its own employees perform the Management Services.

  • Perfection of Appointment Should any deed, conveyance or instrument of any nature be required from Grantor by any successor Trustee to more fully and certainly vest in and confirm to such successor Trustee such estates, rights, powers and duties, then, upon request by such Trustee, all such deeds, conveyances and instruments shall be made, executed, acknowledged and delivered and shall be caused to be recorded and/or filed by Grantor.

  • Agent’s Appointment as Attorney-in-Fact On the Closing Date Grantor shall execute and deliver to Agent a power of attorney (the "Power of Attorney") substantially in the form attached hereto as Exhibit A. The power of attorney granted pursuant to the Power of Attorney is a power coupled with an interest and shall be irrevocable until the Termination Date. The powers conferred on Agent under the Power of Attorney are solely to protect Agent's interests in the Collateral and shall not impose any duty upon Agent to exercise any such powers. Agent agrees that (a) it shall not exercise any power or authority granted under the Power of Attorney unless an Event of Default has occurred and is continuing, and (b) Agent shall account for any moneys received by Agent in respect of any foreclosure on or disposition of Collateral pursuant to the Power of Attorney provided that Agent shall not have any duty as to any Collateral, and Agent shall be accountable only for amounts that it actually receive as a result of the exercise of such powers. NEITHER AGENT NOR ITS RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES SHALL BE RESPONSIBLE TO GRANTOR FOR ANY ACT OR FAILURE TO ACT UNDER ANY POWER OF ATTORNEY OR OTHERWISE, EXCEPT IN RESPECT OF DAMAGES ATTRIBUTABLE SOLELY TO THEIR OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS FINALLY DETERMINED BY A COURT OF COMPETENT JURISDICTION, NOR FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES.

  • Terms of Appointment and Duties of the Bank as Transfer Agent -------------------------------------------------------------

  • Appointment of Asset Manager; Acceptance of Appointment The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the Series #TICKER Asset. The Asset Manager hereby accepts such appointment.

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