Examples of Regional Association in a sentence
The BCCA and the relevant Regional Association may jointly remove any Trustee appointed by them pursuant to subsection 2.l(b), (c), (d) or (e), as the case may be, by giving joint written notice to the Trustee being removed and the Administrative Agent.
If the BCCA, acting reasonably, determines that an individual so nominated is not suitable to be a Trustee hereunder, it shall so advise the relevant Regional Association, and shall consult with such Regional Association on identifying another individual acceptable to the BCCA and the Regional Association, each acting reasonably, to appoint as Trustee.
The successor, when appointed, shall have the same power, authority and right to hold offices if that person had been appointed by the BCCA and the relevant Regional Association, if any, in accordance with this Part 2, except that such person shall not be removed pursuant to Section 2.11 unless such a removal is first agreed to by theBoard.
However, nothing herein shall prevent the BCCA or a Regional Association from compensating any Trustee for attendance at a Board meeting, or for otherwise attending to his or her duties under this Agreement.
If a successor Trustee is not so appointed within one month of the Trustee's death, resignation or removal from office, the Board shall give written notice to the BCCA and the Regional Association, if any, who appointed the Trustee.