Vacation of Office. A director ceases to hold office when he dies; he is removed from office by the shareholders; he ceases to be qualified for election as a director; or his written resignation is sent or delivered to the Corporation, or if a time is specified in such resignation, at the time so specified, whichever is later.
Vacation of Office. The office of a director shall ipso facto be vacated if:
(a) he dies;
(b) by notice in writing to the Corporation, he resigns his office and such resignation, if not effective immediately, becomes effective in accordance with its terms;
(c) he is removed from office in accordance with section 109 of the Act; or
(d) he ceases to be qualified to be a director.
Vacation of Office. (a) The office of a Director shall be vacated, ipso facto, upon his death, or if he be found lunatic or become of unsound mind, or if he becomes bankrupt (or if the Director is a company, upon its winding-up).
(b) The office of a Director shall be vacated by his written resignation. Such resignation shall become effective on the date fixed therein or upon the delivery to the Company, whichever is later.
Vacation of Office. The office of a Director will be vacated if:
(a) a Director resigns his office by notice in writing to the Company;
(b) a Director dies;
(c) an order is made by any competent court or official on the grounds that a Director is or may be suffering from mental disorder or is otherwise incapable of managing his affairs and a majority of the Directors resolve that his office be vacated;
(d) without leave, a Director is absent from meetings of the Board (unless an alternate Director appointed by him attends in his place) for a continuous period of 6 months, and a majority of the Directors resolve that his office be vacated;
(e) a Director becomes bankrupt or has a receiving order made against him or suspends payment or compounds with his creditors generally;
(f) a Director ceases to be or is prohibited from being a Director by law or by virtue of any provisions in the Memorandum and Articles of Association;
(g) a Director is removed from office by notice in writing served upon him signed by not less than a majority in number (or, if that is not a round number, the nearest lower round number) of the Directors (including himself) then in office; provided that a Director appointed by a Shareholder may only be removed by that Shareholder pursuant to clauses 2.1, 2.2 and 2.5; or
(h) a Director is removed under clause 2.1(c) or 2.2(c) (as applicable);
Vacation of Office. 11.1 The office of a Member shall be vacated forthwith if:
(A) he resigns his office by notice delivered to the Secretary; or
(B) the User for which he is the Contract Manager ceases to be a User.
11.2 In the event that the Member fails to attend two (2) or more consecutive meetings of the User Group in person or by sending an alternate in accordance with paragraph 3 or a proxy in accordance with paragraph 3A, the Service Controller will contact the Member to discuss the reasons for non-attendance and agree the next steps, which may include the nomination of an alternate, or the resignation of the Member.
A.1 Where a Member vacates his office pursuant to paragraph 11 of this Schedule, then within 5 Working Days of the date of the vacation of office ("Nomination Period") each User from the category of Users which had been represented by the vacating Member in accordance with paragraph 2.1 may propose to the Service Controller a new candidate or candidates to take over the position of the vacating Member for the remainder of the term of appointment of the vacating Member.
Vacation of Office. A director of the Corporation ceases to hold office when:
(a) the director dies or, subject to subsection 119(2) of the Act, resigns;
(b) the director is removed from office in accordance with section 122 of the Act; or
(c) the director becomes disqualified under subsection 118(1) of the Act. A resignation of a director becomes effective at the time a written resignation is received by the Corporation, or at the time specified in the resignation, whichever is later.
Vacation of Office. Subject to clause 7.2 (Appointment by a liquidator), the office of a Trustee must be terminated and vacated if the Trustee is a Corporation, it enters into administration, receivership or liquidation (whether compulsorily or voluntarily, not being merely a voluntary liquidation for the purposes of amalgamation or reconstruction).
Vacation of Office. The office of a Director shall be vacated and he shall be dismissed or removed:
(a) ipso facto, upon his or her death;
(b) if he or she is prevented by applicable law or any stock exchange rules or regulations from serving as a Director;
(c) if the Board of Directors determines that due to his or her mental or physical state he or she is unable to serve as a Director;
(d) if his or her directorship expires pursuant to these Articles and/or applicable law;
(e) by a resolution adopted at a General Meeting by (i) so long as any Class B Shares remain outstanding, a majority of the total voting power of the Shareholders and (ii) if no Class B Shares remain outstanding, a supermajority of at least seventy-five percent (75%) of the total voting power of the Shares (with such removal becoming effective on the date fixed in such resolution), provided that no such resolution shall shorten the term of an incumbent Director who was elected under the staggered board composition pursuant to Article 40;
(f) by his or her written resignation, such resignation becoming effective on the date fixed therein, or upon the delivery thereof to the Company, whichever is later; or
(g) with respect to an External Director, if so elected, and notwithstanding anything to the contrary herein, only pursuant to applicable law.
Vacation of Office who is or may be liable as a Trustee for taxes will not be bound to transfer the Fund unless the ongoing Trustee indemnifies from the Fund the outgoing Trustee against any present or future liability incurred by the outgoing Trustee as a direct or indirect consequence of the outgoing Trustee acting as trustee of the Trust; and
Vacation of Office. (1) A member, other than an ex officio member, xxx resign from office in writing signed by him and delivered to the Minister.
(2) Where a nominee is appointed as member by an ex officio member and that nominee ceases to hold office in the relevant Department, the Departmental Head shall advise the Minister and nominate another officer to be a member in accordance with this Act.
(3) If a member, or the Chairman or Deputy Chairman dies, resigns his office or is otherwise terminated in accordance with this section, his office becomes vacant.
(4) If a member, or the Chairman or Deputy Chairman, other than an ex officio member -
(a) is absent, except with the written consent of the Minister or Chairman in accordance with Section 9, from three consecutive meetings of the Board; or
(b) fails to comply with Section 14; or
(c) becomes bankrupt, or applies to take the benefit of any law for the benefit of bankrupt or insolvent debtors, compounds with his creditors or makes an assignment of his remuneration for their benefit; or
(d) is convicted of an offence under this Act or an offence under any other law punishable by a term of imprisonment for one year or longer, or by death, and, as a result of the conviction, is sentenced to imprisonment or death; or
(e) otherwise becomes incapable of performing his duties, the National Executive Council shall terminate his appointment.
(5) Where the person or body who has appointed a member requests the National Executive Council in writing to terminate the appointment of that member, the National Executive Council shall terminate the appointment.
(6) The Minister may, at any time, by written notice, advise a member or the Chair- Fisheries Management man that he intends to terminate his appointment on the grounds of misconduct in office, and such notice shall specify the details of the misconduct, and such misconduct includes, but is not limited to -
(a) undisclosed interest as provided in Section 14; (b) disclosure of information which is confidential to the National Fisheries Authority as provided in this Act.
(7) Within 14 days of the receipt of a notice under Subsection (6), the member or the Chairman or the Deputy Chairman, as the case may be, may reply in writing to the Minister, who shall consider the reply and, where appropriate, terminate the appointment.
(8) Where the member referred to in Subsection (6) does not reply in accordance with Subsection (8), his appointment is terminated.
