Resignation; Deemed Offer to Resign Sample Clauses

Resignation; Deemed Offer to Resign. The Manager may offer to resign upon not less than thirty (30) days prior Notice to the Management Committee, in which case the other Participant may select the successor Manager by Notice to the Management Committee within thirty (30) days after the Notice of resignation, and may appoint itself or a third party as the successor Manager. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant (along with the appointment of a successor Manager), if at all, within ninety (90) days following such deemed offer:
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Resignation; Deemed Offer to Resign. The Manager may resign upon not less than six (6) months' prior notice to the other Participant, in which case the other Participant may elect to become the new Manager by notice to the resigning Participant within sixty (60) days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have resigned upon the occurrence of the event described in each of the following Subsections, with the successor Manager to be appointed by the other Participant at a subsequently called meeting of the Management Committee, at which the Manager shall not be entitled to vote. The other Participant may appoint itself or a third party as the Manager.
Resignation; Deemed Offer to Resign. The Manager may resign upon one month’s prior notice to the other Participant. If any of the following shall occur the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant other than the Manager, if at all, within 60 days following such deemed offer:
Resignation; Deemed Offer to Resign. The Manager may resign upon three months' prior notice to the other Member, in which case the other Member may elect to become the new Manager by notice to the resigning Member within 30 days after the notice of resignation. In the case of any resignation as Manager by TSVLP, USEC shall be deemed to be the other Member and TSVLP shall be deemed to be the resigning Member for purposes of this Section 9.4. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Member, if at all, within 90 days following such deemed offer:
Resignation; Deemed Offer to Resign. The Operator may resign upon 60 days prior notice to the Management Committee, in which case the Management Committee shall appoint an Operator. If any of the following shall occur, the Operator shall be deemed to have offered to resign, which offer may be accepted by the Management Committee, if at all, within 60 days following such deemed offer:
Resignation; Deemed Offer to Resign. The Operator may resign upon two months' prior written notice to the other Participant in which case the other Participant may elect to become the new Operator by notice to the resigning Participant within 30 days after the notice of resignation. If any of the following shall occur the Operator shall be deemed to have offered to resign which offer shall be accepted by the other Participant (if at all) within 90 days following such deemed offer and in the absence of written acceptance by the other Participant, the Operator shall continue to be Operator:
Resignation; Deemed Offer to Resign. The Manager may resign upon not less than two (2) months' prior notice to the other Member, in which case the other Member may elect to become the new Manager by notice to the resigning Member within ten (10) days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have resigned upon the occurrence of the event described in each of the following Sections, with the successor Manager to be appointed by the other Member at a subsequently called meeting of the Management Committee, at which the Manager shall not be entitled to vote. The other Member, or if there are more than two (2) Members, the Member having the greatest aggregate Ownership Interest, may appoint itself or a third party as the Manager.
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Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days' prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:
Resignation; Deemed Offer to Resign. The Operator may resign upon not less than 120 days' prior notice to the Company, in which case the other Member in the Company may elect to become the new Operator by notice to the resigning Operator within 30 days after receipt of the notice of resignation. If any of the following shall occur, the Operator shall be deemed to have resigned upon the occurrence of the event described in each of the following subsections, with the successor Operator to be appointed by the other Member at a subsequently called meeting of the Management Committee, at which the Operator shall not be entitled to vote. The other Member of the Company may appoint itself or a third party as the Operator. If a third party is appointed as the Operator, the third party must execute an Operating and Management Agreement containing terms and conditions substantially similar to the terms set forth herein, except that the third party operator may be removed at anytime, with or without cause, by the Management Committee.
Resignation; Deemed Offer to Resign. The Operator may resign upon 90 days' prior notice. In addition, the Operator shall be deemed to have resigned forthwith upon an Event of Resignation, as defined below and, as provided in the Operator Replacement Agreement, PT- RTZ shall, if at the time of such Event of Resignation, PT- RTZ is not the Operator and is an indirect or direct subsidiary of RTZ, have the right to become substitute Operator in succession to PT-FI with respect to the COW. Similarly, if the Operator shall resign upon 90 days' prior notice, PT-RTZ will have the right to become Operator in succession to PT-FI with respect to the COW if PT-RTZ is not then the Operator and shall at the time be a direct or indirect subsidiary of RTZ. For the purposes of this Agreement, an Event of Resignation shall mean one of the following occurrences:
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