Appointment Rights Sample Clauses

Appointment Rights. Subject to Section 5.1(d), the right of any Investor to appoint and remove any Investor Director and the CEO (as applicable) under Article 1 shall not be assigned to any other Person.
Sample 1
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Appointment Rights. For so long as the Purchaser owns 4.4% or more of the Company’s issued and outstanding Voting Shares, the Purchaser shall have the right to appoint one (1) manager to the Board, provided that such appointee must be a resident of the United States and must comply with the reasonable requirements applicable to managers of the Company set forth in the Operating Agreement. For so long as the Purchaser owns 4.4% or more of the Company’s issued and outstanding Voting Shares, the Purchaser shall have the right to appoint one (1) non-voting observer to the Board, provided that such appointee must comply with any reasonable requirements set by the Company for Board observers (including any policies with respect to limiting such observers’ access to Board proceedings and materials).
Sample 1
Appointment Rights. Subject to Section 6.02(b), if, but only if, the Beneficial Owner of the Class A Interest has appointed all of the directors that such Beneficial Owner is entitled to appoint, such Beneficial Owner shall have the right to instruct the Class A Designated Directors to cause the immediate appointment of one half of the directors, or equivalent positions, of each subsidiary of the Trust other than subsidiaries of Azurix Europe. In any subsidiary (the "Subject Subsidiary") of the Trust where the Beneficial Owner of the Class A Interest has failed to cause the appointment of all the directors (or equivalent positions) that such Beneficial Owner has the right to appoint, the right of the directors of the Subject Subsidiary who represent such Beneficial Owner to appoint directors in any lower-tier subsidiary shall be suspended until the Beneficial Owner of the Class A Interest causes the appointment of all of the directors of the Subject Subsidiary that such Beneficial Owner is entitled to appoint.
Sample 1
Appointment Rights. For so long as the Subscriber owns 10% or more of the issued and outstanding Shares, the Subscriber shall have the right to appoint one director to the Board, provided that such appointee must meet the Required Board Criteria.
Sample 1
Appointment Rights. The RedFish-Shares conveyed to DataD under this Agreement grant to DataD the sole, exclusive, and unilateral right to appoint at DataD’s discretion, no less than two directors to serve on the board of directors for RedFish (“DataD’s RedFish-Directors”).
Sample 1
Appointment Rights. Holders representing a majority of the total Existing Principal Amount advanced under the Initial Financing Debentures and Subsequent Financing Debentures shall have the right to nominate two (2) individuals to serve on the Board of Directors of the Company and/or two (2) individuals to serve as observers to the Board of Directors of the Company. The Company shall use its best efforts to cause the individuals named in the preceding sentence to serve in the capacities indicated within two (2) weeks of such individuals being named. 3.
Sample 1
Appointment Rights. Each Member purchasing at least 15,000 and no more than 39,999 Units from the Company in the Company’s initial offering registered with the Securities and Exchange Commission shall be entitled to appoint one (1) Director to the Company’s Board of Directors; and each Member purchasing 40,000 or more Units from the Company in the Company’s initial offering registered with the Securities and Exchange Commission shall be entitled to appoint two (2) Directors to the Company’s Board of Directors.
Sample 1
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Appointment Rights. (a) Ambipar shall be entitled to nominate a number of designees to the Board of Directors by written notice served upon the Company, as set forth below:
Sample 1
Appointment Rights. If requested by the DIP Lender, the Borrowers shall cause one Person designated by the DIP Lender to be designated or appointed as one of the Borrowers’ designees to the board of directors of each homeowner’s or property owner’s association, provided that any Person so designated by the DIP Lender meets the necessary eligibility criteria for membership on any such board. After the occurrence and during the continuance of an Event of Default, the DIP Lender shall be entitled, in the place and stead of the Borrowers, to exercise all the Borrowers’ developer’s rights with respect to the Project, any such association, any municipal utility district, TIRZ or other similar association or entity, including the right to appoint and to remove directors from the board of directors of any such association. After the occurrence and during the continuance of an Event of Default, if so requested by the DIP Lender any or all of resignations that have been delivered pursuant to Section 4.1(a)(vii) shall become effective. Without the prior written consent of the DIP Lender, the Borrowers will not take any action to amend or modify any agreement with any municipal utility district, any TIRZ or any property owners’ or home owner’s association or other similar entity or take any other action that would restrict, or result in a restriction upon the ability of the DIP Lender (or any purchaser acquiring the Project from the DIP Lender in a foreclosure sale) to exercise those rights after the occurrence and during the continuance of an Event of Default or following a foreclosure by the DIP Lender.
Sample 1

Related to Appointment Rights

  • Appointment of Advisors (a) The Parties shall agree to the scope and engagement terms of all joint Advisors to Holdco and/or the Parties in connection with the Transaction. Xxxxxx Xxxx & Xxxxxxxx LLP has been jointly selected by the Parties to represent the consortium in connection with the Transaction as international counsel.

  • Appointment of Rights Agent The Company hereby appoints the Rights Agent to act as agent for the Company and the holders of the Rights (who, in accordance with Section 3 hereof, shall prior to the Distribution Date also be the holders of the Common Stock) in accordance with the terms and conditions hereof, and the Rights Agent hereby accepts such appointment. The Company may from time to time appoint such Co-Rights Agents as it may deem necessary or desirable.

  • APPOINTMENT OF ADVISOR The Trust hereby employs the Advisor and the Advisor hereby accepts such employment, to render investment advice and related services with respect to the assets of the Fund for the period and on the terms set forth in this Agreement, subject to the supervision and direction of the Trust’s Board of Trustees (the “Board of Trustees”).

  • Appointment Adviser hereby appoints the Sub-adviser as its investment Sub-adviser with respect to each Fund for the period and on the terms set forth in this Agreement. The Sub-adviser accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided.

  • APPOINTMENT OF ADVISER The Manager hereby appoints the Adviser to act as an investment adviser for the Fund, subject to the supervision and oversight of the Manager and the Trustees of the Trust, and in accordance with the terms and conditions of this Agreement. The Adviser will be an independent contractor and will have no authority to act for or represent the Trust or the Manager in any way or otherwise be deemed an agent of the Trust or the Manager except as expressly authorized in this Agreement or another writing by the Trust, the Manager and the Adviser.

  • Appointment of Representative (a) Selection Upon the occurrence of an Event of Default, a single representative shall be appointed to represent all of the Holders (the “Representative”). The Representative (i) may, but need not, be a Holder; (ii) shall not be affiliated with or related to the Company; and (iii) shall be selected by the Holders as follows:

  • Appointment of Right Agent The Company hereby appoints the Right Agent to act as agent for the Company for the Rights, and the Right Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement.

  • Appointment of Consultant The Corporation appoints the Consultant and the Consultant accepts appointment on the terms and conditions provided in this Agreement as a consultant to the Corporation's business, including any other corporations hereafter formed or acquired by the Corporation to engage in any business.

  • Appointment of Supplemental Agents (a) It is the purpose of this Agreement and the other Loan Documents that there shall be no violation of any Law of any jurisdiction denying or restricting the right of banking corporations or associations to transact business as agent or trustee in such jurisdiction. It is recognized that in case of litigation under this Agreement or any of the other Loan Documents, and in particular in case of the enforcement of any of the Loan Documents, or in case the Administrative Agent or the Collateral Agent deems that by reason of any present or future Law of any jurisdiction it may not exercise any of the rights, powers or remedies granted herein or in any of the other Loan Documents or take any other action which may be desirable or necessary in connection therewith, the Administrative Agent and the Collateral Agent are hereby authorized to appoint an additional individual or institution selected by the Administrative Agent or the Collateral Agent in its sole discretion as a separate trustee, co-trustee, administrative agent, collateral agent, administrative sub-agent or administrative co-agent (any such additional individual or institution being referred to herein individually as a “Supplemental Agent” and collectively as “Supplemental Agents”).

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