Common use of Term of Agency Appointment Clause in Contracts

Term of Agency Appointment. Manager is hereby appointed agent for the management of the Storage Agreements for a term of thirty-six (36) months. The agency appointment may be revoked pursuant to Article IX if there is a material breach or early termination of this Agreement. Upon revocation, Counterparty reassumes management of all rights and obligations that relate to the Storage Agreements.

Appears in 3 contracts

Samples: Management Agreement, Asset Management Agreement (RGC Resources Inc), Asset Management Agreement (RGC Resources Inc)

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Term of Agency Appointment. Manager is hereby appointed agent for the management of the Storage Agreements for a term of thirtyforty-six one (3641) months. The agency appointment may be revoked pursuant to Article IX if there is a material breach or early termination of this Agreement. Upon revocation, Counterparty reassumes management of all rights and obligations that relate to the Storage Agreements.

Appears in 1 contract

Samples: Asset Management Agreement (RGC Resources Inc)

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Term of Agency Appointment. Manager is hereby appointed agent for the management of the Storage Agreements for a the Term of this Agreement (including any renewal term of thirty-six (36) monthsas described in Section 9.01). The agency appointment may be revoked pursuant to Article IX if there is a material breach or early termination of this Agreement. Upon revocation, Counterparty reassumes management of all rights and obligations that relate to the Storage Agreements.

Appears in 1 contract

Samples: Management Agreement (RGC Resources Inc)

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