Vacancies on the Board. Vacancies shall be filled in the same manner as Directors are selected.
Vacancies on the Board. If a Director (a “Retiring Director”) ceases to be a Director at any time and for any reason, each Party shall do everything in its power to cause such meetings to be held, votes to be cast, resolutions to be passed, documents to be executed and all other things and acts done (including by voting all Shares owned, directly or indirectly, by the Party, and causing any subsidiary of the Party to vote any Shares owned by such subsidiary) to fill the resulting vacancy on the Board by electing a replacement Nominee Director of the Party who nominated the Retiring Director as soon as practicable.
Vacancies on the Board. Notwithstanding anything in this Agreement to the contrary, a Director shall be removed from the Board if he or she:
(a) dies;
(b) resigns; or
(c) is otherwise removed by operation of law.
Vacancies on the Board. If a vacancy is created on the Board as a result of the death, disability, retirement, resignation or removal of any Tengram Nominee, then Tengram shall have the right to designate such person’s replacement, and the Board shall fill the vacancy caused by such death, disability, retirement, resignation or removal with the person so designated as the replacement.
Vacancies on the Board. Vacancies with respect to the original governorships on the Board resulting from the death, disability, resignation, removal or replacement of a Governor shall be filled by designation by the applicable Local Member or Investor Member in the manner such Governor was originally designated. Each Governor designated or elected to fill a vacant governorship shall serve for the term provided in Section 9.2 above.
Vacancies on the Board. (1) The Board shall have the power from time to time and at any time to appoint any person as a Director to fill a vacancy on the Board occurring as the result of an increase in the size of the Board pursuant to Bye-law 12(1), the death, disability, disqualification, resignation or removal of any Director or if such Director's office is otherwise vacated and to appoint an Alternate Director to any Director so appointed. A Director so appointed shall hold office for the balance of the term of such vacant Board position, or until such Director's successor is elected or appointed or such Director's office is otherwise vacated.
(2) The Board may act notwithstanding any vacancy in its number but, if and so long as its number is reduced below the number fixed by these Bye-laws as the quorum necessary for the transaction of business at meetings of the Board, the continuing Directors or Director may, notwithstanding that the number of Directors is below the number fixed by or in accordance with these Bye-laws as the quorum or that there is only one continuing Director, act for the purpose of (i) filling vacancies on the Board, (ii) summoning a general meeting of the Company or circulating a proposed written resolution of the Members or (iii) preserving the assets of the Company.
(3) The office of Director shall be deemed to be vacated if the Director:-
(a) is removed from office pursuant to these Bye-laws or is prohibited from being a Director by law;
(b) is or becomes bankrupt or makes any arrangement or composition with his creditors generally;
(c) is or becomes of unsound mind or dies;
(d) resigns his or her office by notice in writing to the Company.
Vacancies on the Board. (1) The Board shall have the power from time to time and at any time to appoint any person as a Director to fill a vacancy on the Board occurring as the result of the death, disability, disqualification or resignation of any Director and to appoint an Alternate Director to any Director so appointed, PROVIDED THAT the Members holding Common Shares shall be entitled to elect a Director to fill such a vacancy if such Members have not elected one of the Directors then in office.
(2) The Board may act notwithstanding any vacancy in its number but, if and so long as its number is reduced below the number fixed by these Bye-laws as the quorum necessary for the transaction of business at meetings of the Board, the continuing Directors or Director may act for the purpose of (i) summoning a general meeting of the Company or (ii) preserving the assets of the Company.
(3) The office of Director shall be vacated if the Director:-
(a) is removed from office pursuant to these Bye-laws or is prohibited from being a Director by law;
(b) is or becomes bankrupt or makes any arrangement or composition with his creditors generally;
(c) is or becomes of unsound mind or dies; or
(d) resigns his or her office by notice in writing to the Company.
Vacancies on the Board. In the event of removal, resignation or death of a Board member, the appointing Participant shall promptly appoint a successor to fill the position. Vacancies shall be filled by each Participant in accordance with applicable law and the Participant=s own rules or guidelines for filling such appointments.
Vacancies on the Board. (1) Subject to Bye-law 2, the Members shall have the power from time to time and at any time to appoint any person as a Director to fill a vacancy on the Board occurring as the result of the death, disability, disqualification or resignation of any Director and to appoint an Alternate Director to any Director so appointed; provided that only FB Transportation or a FB Transportation Director may appoint an Alternate Director to a FB Transportation Director and only Textainer (or the Pledgee, as the case may be) or a Textainer Director (or the Pledgee Director, as the case may be) may appoint an Alternate Director to a Textainer Director (or the Pledgee Director, as the case may be).
(2) Notwithstanding any vacancy in the Board, if and so long as the number of Directors is reduced below the number fixed by these Bye-laws as the quorum necessary for the transaction of business at meetings of the Board, the continuing Directors or Director may act for the purpose of (i) summoning a general meeting of the Company or (ii) preserving the assets of the Company.
(3) The office of a Director shall be vacated if the Director:
(a) is removed from office pursuant to these Bye-laws or is prohibited from being a Director by law;
(b) is or becomes bankrupt or makes any arrangement or composition with his creditors generally;
(c) is or becomes of unsound mind or dies;
(d) resigns his or her office by notice in writing to the Company.
Vacancies on the Board. A vacancy on the Board of Directors shall exist on the death, resignation or removal of any Director, whenever the number of Directors is increased, or on the failure of the Members at any election to elect or appoint the full number of Directors authorized. Vacancies on the Board of Directors may not be filled by the Directors. A vacancy shall be filled only by the Members of the appropriate class of Members.
