Appointment of Managers. With effect from the day and year stated in Box 4 and continuing unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as the Managers of the Vessel.
Appointment of Managers. All Managers shall be appointed by the Member. If a vacancy occurs on the Board of Managers, including a vacancy resulting from an increase in the number of Managers, each such vacancy shall be filled by an appointment of a new Manager by the Member.
Appointment of Managers. 6- ARTICLE 5 --------- OFFICERS..................................................-6- 5.1. Officers....................................................................................-6- 5.2 Appointment and Term of Office..............................................................-6-
Appointment of Managers. 2.1 With effect from the date stated in Box 5 of Part I (the “Date of Commencement”) and continuing unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as the managers of the Vessel in respect of the Management Services.
2.2 In performing any of the Management Services the Managers shall, as agents for and on behalf of the Owners, have authority to take such steps as the Managers may from time to time in their absolute discretion consider to be necessary to enable them to perform this Agreement in accordance with sound ship management practice.
Appointment of Managers. The Member appoints Fxxxxx Broadcasting Company as the initial Manager. The Manager (and any Person appointed as a replacement Manager pursuant to Section 5.3) shall hold office until its resignation or removal.
Appointment of Managers. 2.1. From the Effective Date and continuing, unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as managers of the Vessel.
2.2. Subject to the terms and conditions contained herein, during the period of this Agreement, the Managers shall carry out the Management Services as agents for and on behalf of the Owners. The Managers shall have authority to take such actions as they may from time to time consider necessary to enable them to perform their duties and obligations as set out in this Agreement in accordance with first class LNG ship management practice within the limits of authority delegated to them hereunder.
Appointment of Managers. 36 With effect from the day and year stated in Box 4 and continuing 37 unless and until terminated as provided herein, the Owners 38 hereby appoint the Managers and the Managers hereby agree 39 to act as the Managers of the Xxxxxx. 00
Appointment of Managers. With effect from the day and year of delivery of the Vessel to the Owners pursuant to a Memorandum of Agreement between Owners and 1320 Tanker Corporation dated September 20, 2005 and continuing unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as the Managers of the Vessel.
Appointment of Managers. In the event of the appointment of a Manager nominated in accordance with this clause, the Unitholders shall vote their Units to cause the appointment to the Board of the Manager so designated for appointment by the appropriate Unitholder.
Appointment of Managers. The Members shall appoint a Chief Manager (which office may be designated "President" or "Chief Executive Officer" or such other designation as the Members may determine from time to time, but which officer shall in any event perform the functions of the "Chief Manager," and any references in this Agreement to the "Chief Manager" shall be deemed to be references to such officer) and a Secretary to serve as the Managers of the LLC. The initial Chief Manager shall be Xxxxxxx X. Xxxxx. The initial Secretary shall be A. Xxxx Xxxxxxxx. The LLC shall have such additional Managers as may be appointed from time to time by the Members.
