Selection of Trustees Sample Clauses

Selection of Trustees. (a) The current Employer Trustees shall be: XXXXXX X. XXXXXXX, X. XXXXXXXX COUNTER, III, XXXXXX XXXXXX, XXXXX XXXXXXX, XXXXXX XXXXXXX, XXXX X. XXXXXXX, XXXXXXX XXXXXXXX, XXXXXX
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Selection of Trustees. 10 3.4 Written Appointments and Acceptances 10 3.5 Term of Office 10 3.6 Resignations 11 3.7 Removal of Employer Trustees 11 3.8 Removal of Union Trustees 11 3.9 Successor Employer Trustees. 11
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Selection of Trustees. A school board member shall be selected by the school board of each trust member school district to serve as a Trustee. One (1) superintendent shall be selected from the superintendents of the trust member school districts to serve as a voting Trustee. One (1) operator from the trust member school districts shall be selected by the Trustees to serve as a voting Trustee. The superintendent Trustee and the operator Trustee shall not be from the same school district. No trust member school district shall have more than two
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Selection of Trustees. (a) The Employer Trustees shall be designated by a duly authorized representative of the League of American Theatres and Producers pursuant to this Article III. The current Employer Trustees shall be: XXXXXX X. XXXXXXX and XXXXXXX XXXXXXXX. In no event shall the Union or Union Trustees be entitled to designate an Employer Trustee.
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Selection of Trustees. (a) Each calendar year, the Program Administrator shall call, upon at least fifteen days’ written notice to the Participants, a meeting of the Participants for the purpose of selecting Trustees for the Trust. If the Program Administrator shall fail to call such a meeting, any two Participants may call such a meeting by providing at least fifteen days’ written notice to the other Participants. At such meeting, the Participants may nominate persons to serve as Trustees of the Trust. In order to qualify to be nominated as a Trustee, a candidate must be a Representative. The number of Trustees to be selected shall be determined by the Participants at such meeting, provided that the number of Trustees shall be an odd number of three (3) or more. In order to be elected as a Trustee, a candidate must receive a majority of the votes of the Participants present and voting at such meeting. A quorum for such meeting shall be the lesser of (i) fifteen Participants or (ii) ten percent of the total number of Participants determined at the time the notice of the meeting is sent. If a quorum is not present, the meeting may be adjourned to a future time and place set at such meeting. Each Participant shall be entitled to one vote regardless of the amount of funds invested in the Trust. To the extent permitted by law, each Representative may designate a person who may act on behalf of the Representative at a meeting of Participants.
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Selection of Trustees. (a) Each calendar year, the Program Administrator shall call, upon at least fifteen days’ written notice to the Participants, a meeting of the Participants for the purpose of selecting Trustees for the Trust. If the Program Administrator shall fail to call such a meeting, any two Participants may call such a meeting by providing at least fifteen days’ written notice to the other Participants. At such meeting, the Participants may nominate persons to serve as Trustees of the Trust. In order to qualify to be nominated as a Trustee, a candidate must be a Representative. The number of Trustees to be selected shall be determined by the Participants at such meeting, provided that the number of Trustees shall be an odd number of three (3) or more. In order to be elected as a Trustee, a candidate must receive a majority of the votes of the Participants present and voting at such meeting. A quorum for such meeting shall be the lesser of
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Selection of Trustees. If and when the number of trustees diminishes to less than five (5), a successor trustee or successor trustees shall be elected by a 75% vote of the beneficiaries. If a trustee’s term expires prematurely, the replacement trustee shall serve for the remainder of that term. Nomination of a trustee for election shall be done by the trustees, The Foundation Board of Directors or by any beneficiary. Each appointment to fill the vacancy shall become effective upon filing with the Register of Deeds of Xxxxx County, Tennessee a certificate setting forth the name(s) of the successor trustee(s), signed and acknowledged by the remaining trustees or the sole remaining trustee, and setting forth the acceptance of such appointment, signed and acknowledged by the person(s) so appointed. Upon filing of such certificate, such person(s) shall assume the responsibilities of the trustee(s) and shall be vested with the title to the Trust property jointly with the remaining trustee(s) without the necessity of any act of transfer or conveyance.
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Selection of Trustees. The Board of Trustees shall consist of one Trustee for each Plan Participant, to be selected as follows:
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Related to Selection of Trustees

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Compensation of Trustee Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

  • Termination of Trust Agreement Section 9.01.

  • Appointment of Trustee The Depositor hereby appoints the Trustee as trustee of the Trust, effective as of the date hereof, to have all the rights, powers and duties set forth herein.

  • Termination of Trust Section 9.01

  • 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.

  • Application of Trust Money The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with this Indenture to the payment of principal of and interest on the Securities.

  • Appointment of Administrator Each Trust hereby appoints EIS as Administrator of the Trust and each of its series listed on SCHEDULE A attached hereto on the terms and conditions set forth in this Agreement; and EIS hereby accepts such appointment and agrees to perform the services and duties set forth in Section 2 of this Agreement in consideration of the compensation provided for in Section 4 hereof.

  • Appointment of auditors 33.2.1 The Concessionaire shall appoint, and have during the subsistence of this Agreement as its Statutory Auditors, a firm chosen by it from the mutually agreed list of 10 (ten) reputable firms of chartered accountants (the “Panel of Chartered Accountants”), such list to be prepared substantially in accordance with the criteria set forth in Schedule-T. All fees and expenses of the Statutory Auditors shall be borne by the Concessionaire.

  • Replacement of Trustee A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee's acceptance of appointment as provided in this Section. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the Company. The Holders of Notes of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Company in writing. The Company may remove the Trustee if:

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