Cause for Removal definition

Cause for Removal means with respect to any Director (i) such Director having engaged in willful misconduct, gross negligence or a breach of fiduciary duty that, in any such case, results in material and demonstrable harm to the Partnership or any of its Affiliates, (ii) such Director having been convicted of, or having entered a plea bargain or settlement admitting guilt or the imposition of unadjudicated probation for, any felony under the laws of the United States, any state or the District of Columbia, where such felony involves moral turpitude or where, as a result of such felony, the continuation of such Director’s role as a Director would have, or would reasonably be expected to have, a material adverse impact on the Partnership’s or any of its Affiliates’ reputations, (iii) such Director having been the subject of any order, judicial or administrative, obtained or issued by the Commission, for any securities violation involving fraud including, for example, any such order consented to by such Director in which findings of facts or any legal conclusions establishing liability are neither admitted nor denied, or (iv) such Director’s commission of an act of fraud, embezzlement, or misappropriation, in each case, against the Partnership or any of its Affiliates.
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Cause for Removal means, with respect to any Manager, such individual (i) has been found by a court to be incapable of managing such individual’s own affairs, (ii) is an undischarged bankrupt, (iii) has been convicted of a felony by a court of competent jurisdiction and that conviction is no longer subject to direct appeal, (iv) has been convicted of an offense in connection with the promotion, formation or management of a corporation or unincorporated business or an offense involving fraud, (v) has been found to have been guilty of willful misconduct in the performance of such individual’s duties to the Company, or (vi) has been adjudicated by a court of competent jurisdiction to be mentally incompetent, which mental incompetency directly affects such individual’s ability to serve as Manager.
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Cause for Removal. Any member(s) of the FVWDB may be removed there from by the XXX for cause, including the following: Those causes specified in Section 17.16(2), Wisconsin Statutes. Failure of a FVWDB member to fulfill in timely and proper manner his or her obligations under this agreement, or if the FVWDB member shall violate any of the covenants or stipulations of this agreement. However, nothing herein shall be construed to permit removal of any FVWDB member for failure to concur in any proposed agreement with the XXX. For conviction of any federal or state felony.
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Examples of Cause for Removal in a sentence

  • Investigation and Determination Whether There is Cause for Removal or Sanctions.

  • An Elected Director may be removed only for Cause for Removal and only upon a vote of the majority of the remaining Elected Directors then in office.

  • The Purchasing Agent may remove any vendor on the “Bidders List” for such period of time as is deemed necessary by the Purchasing Agent.2 Cause for Removal or Suspension.

  • An Appointed Director may be removed (i) by the NGP Representative with or without Cause for Removal, (ii) for Cause for Removal upon a vote of the majority of the remaining Directors then in office, or (iii) in accordance with Section 13.13(e).

  • A Director may be removed only for Cause for Removal and only upon a vote of the majority of the remaining Directors then in office.

  • If the Operator does not dispute by written notice the alleged occurrence of a “for cause” event (a “Removal Dispute Notice”) within thirty (30) days after its receipt of the Notice of Cause for Removal, the removal of the Operator shall be effective ninety (90) days after such receipt.

  • Juror’s “Unsure” Equivocal Commitment that She Could Set Aside Personal Beliefs and Follow the Law and the Evidence Is Cause for Removal.

  • If the Operator wishes to dispute the alleged occurrence of a “for cause” event, is shall deliver a Removal Dispute Notice to the Non-Operating Member within thirty (30) days after its receipt of the Notice of Cause for Removal.

  • The final rule adopts the definitions as proposed.Removal, Suspension, or Debarment Good Cause for Removal, Suspension,or Debarment.

Related to Cause for Removal

  • Legend Removal Date shall have the meaning ascribed to such term in Section 4.1(c).

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • 85 percent removal means the arithmetic mean of the values for effluent samples collected in a period of 30 consecutive days shall not exceed 15 percent of the arithmetic mean of the values for influent samples collected at approximately the same times during the same period.

  • Constructive Termination means: