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provided that the Board Chair shall not vote with respect to his or her removal.", "Following the <strong>Conservatorship</strong>, any such Manager may be appointed or removed by the Board, provided that such Manager shall not vote with respect to his or her removal.", "During the <strong>Conservatorship</strong>, the Board Chair shall be designated and may be removed by FHFA in its sole discretion.", "If the Managers are unable to reach a decision within such time period, then during the <strong>Conservatorship</strong>, each Manager shall have the right to deliver written notice to FHFA that a Deadlock exists (a \u201cDeadlock Notice\u201d).", "As used herein, the term \u201cRequired Quorum Attendee\u201d shall mean one \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Manager, one \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Manager, the Board Chair, the CEO and, upon termination of the <strong>Conservatorship</strong> and for as long as FHFA is acting as Receiver of an Enterprise, the FHFA Manager (if any).", "Subject to the provisions of Section 6.4, upon receipt of a Deadlock Notice, FHFA shall have the right, during the <strong>Conservatorship</strong>, to resolve the Deadlock in its sole and absolute discretion, and the Company shall implement such resolution to the same extent as if approved by the Board.", "The Board Chair shall perform such duties as are commonly incident to his or her office and shall also perform such other duties and have such other powers as the Board, and during the <strong>Conservatorship</strong>, FHFA, shall designate."], "related": [["receivership", "Receivership", "Receivership"], ["insolvency", "Insolvency", "Insolvency"], ["bankruptcy", "Bankruptcy", "Bankruptcy"], ["moratorium", "moratorium,", "moratorium,"], ["insolvency-practitioner", "insolvency practitioner", "insolvency practitioner"]], "related_snippets": [], "updated": "2026-02-14T04:26:03+00:00"}, "json": true, "cursor": ""}}