Right to Nominate Sample Clauses
The Right to Nominate clause grants a party the authority to select or appoint an individual, entity, or representative for a specific role or responsibility under the agreement. In practice, this may allow a party to designate a subcontractor, a successor, or a recipient of certain rights or benefits, subject to any conditions or approvals outlined in the contract. This clause ensures flexibility and control for the nominating party, addressing situations where the identity of the relevant person or entity may need to change or be determined after the agreement is signed.
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Right to Nominate. Agent Is authorized to nominate for above contracts on behalf of the Contract Holder quantities of gas up to the Maximum Receipt Quantity per contract. Access to all applicable nomination reports Is provided to Agent.
Right to Nominate. The Purchaser may nominate other persons or corporations in writing to complete the purchase of the Water Entitlements under this agreement.
Right to Nominate. All employees at the workplace are encouraged to propose one or more employees from their own workplace who they would like to see appointed as work environment representative. This concept means everyone performing work at the workplace – thus also, for example, managers, unpaid docents, emeritus/▇▇▇▇▇▇▇, agency workers, etc. In the case of doubt, the term ‘employee’ should be interpreted inclusively.
Right to Nominate. The Principal Investor shall have the right at any time to designate the person to be appointed the Chief Executive Officer of the Company, and the Company shall promptly appoint the Investor’s designee to such position.
Right to Nominate. Pursuant to Section 7.6 of the Stock Purchase Agreement, from and after the closing of the transactions contemplated by the Stock Purchase Agreement (the “Closing”), for so long as the Investor (alone or together with its Affiliates) beneficially owns (as determined under Rule 13d-3 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (the “Exchange Act”)) at least 50% of the Shares acquired by the Investor at the Closing, among other things: (i) the Investor, together with its Permitted Transferees, shall have the right to designate a person (the “Investor Designee”) to serve as a director on the Board, and the Company shall nominate and use its best efforts to have the Investor Designee elected to the Board; (ii) for so long as such membership does not conflict with any applicable law or regulation or listing requirement of the Nasdaq Stock Market, Inc., the Investor Designee shall be entitled to serve as a member of each of the committees of the Board, except for any committee formed to consider a transaction between the Company and the Investor (or any of its Affiliates); (iii) any vacancy in the position of an Investor Designee shall only be filled with another designee designated by the Investor or its Permitted Transferees in accordance with the terms of Section 7.6 of the Stock Purchase Agreement; and (iv) any vacancy created by any removal of an Investor Designee shall also only be filled at the direction of the Investor or its Permitted Transferees. The Company’s proxy statement for the election of directors shall include the Investor Designee and the recommendation of the Board in favor of election of the Investor Designee.
Right to Nominate. The right to nominate the General Manager and the Deputy General Manager depends upon the point in time during the term of this Contract and upon the Beneficial Interest held by each Party as set out more fully below:
(a) notwithstanding the Beneficial Interest held by either Party, during the Initial Investment Period, GEC-FGEB shall be entitled to nominate the General Manager and TEMCO shall be entitled to nominate the Deputy General Manager;
(b) thereafter, so long as both Parties hold a Beneficial Interest which is greater than ten percent (10%), the Party which holds the larger Beneficial Interest shall be entitled to nominate the Deputy General Manager and the Party which holds the smaller Beneficial Interest shall be entitled to nominate the General Manager;
(c) if, at any point in time, only one Party holds a Beneficial Interest which is greater than ten percent (10%), such Party shall be entitled to nominate the General Manager, the Deputy General Manager and the Chairman.
Right to Nominate. Notwithstanding anything to the contrary contained in this Agreement, Mold-Tech shall be entitled to nominate any Standex Affiliate to acquire the Put Securities or the Call Securities pursuant to Clause 7.2.3. It is clarified that in the event of such nomination by Mold-Tech, all references to Mold-Tech in Clause 7.2.3 (other than this Clause 7.2.3(f)) shall be deemed to be a reference to such relevant Standex Affiliate as nominated by Mold-Tech in accordance with this Clause 7.2.3(f).
Right to Nominate. The Purchaser shall be entitled to nominate, by notice in writing to the Seller at any time up to 10 Business Days prior to Closing or, as the case may be, Subsequent Transfer, one or more members of the Purchaser’s Group as the relevant purchaser(s) of the Norway Shares or the Nigeria Shares or any Group Business, as the case may be. To the extent no such person is nominated within such timeframe in relation to any Shares or any Group Business, as the case may be, the party listed in the relevant part of the Steps Plan (or if no such party is listed, the Purchaser) shall be the relevant purchaser in relation to those Shares or that Group Business, as the case may be.
3 Consideration
Right to Nominate. The Shareholder shall be entitled to nominate one Qualified Person to serve as the Shareholder’s Director on the Board of the Company, all as set forth in this Article 2.
Right to Nominate. The right to nominate the Chairman depends upon the point in time during the term of this Contract and upon the Beneficial Interest held by each Party as set out more fully below:
(a) notwithstanding the Beneficial Interest held by either Party, during the Initial Investment Period, TEMCO shall be entitled to nominate the person to be the Chairman;
(b) thereafter, whichever Party holds the larger Beneficial Interest shall be entitled to nominate the person to be the Chairman;
(c) unless only one Party holds a Beneficial Interest which is greater than ten percent (10%), no Party shall nominate both the Chairman and the General Manager.