Common use of Tenure Clause in Contracts

Tenure. The officers shall hold office for one year and until their respective successors are chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each officer shall hold office and each agent shall retain authority at the pleasure of the Trustees.

Appears in 114 contracts

Samples: By Laws (SKK Access Income Fund LP), By Laws (Alternative Credit Income Fund), By Laws (Opportunistic Credit Interval Fund)

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Tenure. The officers Each officer shall hold office for one year and until their its respective successors are successor is chosen and qualifiedqualified unless a different period shall have been specified by the terms of its election or appointment, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each officer shall hold office and each agent shall retain its authority at the pleasure of the TrusteesBoard of Managers, or the officer by whom he or she was appointed or by the officer who then holds agent appointive power.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement (Jefferies Financial Group Inc.), Purchase and Sale Agreement (Leucadia National Corp)

Tenure. The officers shall hold office for one year and until their respective successors are chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each officer shall hold office and each agent shall retain authority at the pleasure of the Trustees.

Appears in 8 contracts

Samples: By Laws (Institutional Investment Strategy Fund), By Laws (Predex), By Laws (Predex)

Tenure. The officers shall hold office for one year and until their respective successors are chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each other officer shall hold office and each agent shall retain authority at the pleasure of the Trustees.

Appears in 3 contracts

Samples: By Laws (Diamond Hill Funds), By Laws (Diamond Hill Funds), By Laws (Diamond Hill Funds)

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Tenure. The officers shall hold office for one year indefinitely and until their respective successors are chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each officer shall hold office and each agent shall retain authority at the pleasure of the Trustees.

Appears in 2 contracts

Samples: By Laws (Advisors Preferred Trust), By Laws (Advisors Preferred Trust)

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