Appointment of a Manager Sample Clauses

Appointment of a Manager. To the fullest extent permitted by law, management of the Fund shall be vested in a “manager” (the “Manager”), who may but need not be a Member. Ridgewood Energy Corporation is hereby appointed as the Manager effective as of the Effective Date and until Ridgewood Energy Corporation shall resign, be removed, or otherwise ceases to be the Manager. Whenever the Manager is a Member, the Manager may be referred to as the “Managing Member”.
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Appointment of a Manager. 5.1.1 The General Partner shall be responsible for ensuring that the Partnership is always managed and operated, and that its Portfolio is always managed on a discretionary basis by an appropriate Authorised Person. The General Partner, acting on behalf of the Partnership, shall have full discretion and authority to select and/or terminate the appointment of any Manager subject to Clause 5.1.2. If appointed, the Manager shall manage or operate the Partnership, and shall manage its Portfolio on a discretionary basis. The appointment of the Manager shall be without further charge to the Partnership. The General Partner shall accordingly be responsible for procuring the payment of the fees of the Manager and the Manager shall have no rights against the Partnership or any of the Limited Partners in respect of any such fees.
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Appointment of a Manager. 9.1.1 The General Partner shall be responsible for ensuring that the Partnership is always managed and operated by an appropriate Authorised Person. The General Partner, and each succeeding general partner of the Partnership shall procure, for so long as it remains the general partner of the Partnership, that an Associate, which is then an appropriate Authorised Person, shall agree to act as the manager of the Partnership on terms to be agreed by the General Partner from time to time (provided that the terms upon which any manager shall be appointed to act for the Partnership by the General Partner shall include a provision whereby the appointment of the manager shall terminate immediately upon the General Partner ceasing to be the general partner of the Partnership for any reason).
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Appointment of a Manager. Each Person serving as Manager shall continue to serve in that capacity until he or she resigns, is declared legally incompetent, or dies. Each Person serving as Manager, while he or she is serving as Manager, may, by written notice to the Members, appoint his or her successor. If a Person serving as Manager is declared legally incompetent or dies, then the personal or legal representatives of such person may, by written notice to the Members, appoint a new Manager. If, at any time, a Manager resigns without appointing a successor or if the personal or legal representatives of an incompetent or deceased Manager fail to appoint a successor to the incompetent or deceased Manager within fifteen (15) days after written demand from any Member, the Members, by a vote by the holders of a plurality of the outstanding Units, may appoint a new Manager. H.I.G.-XX XX, Inc. is hereby designated and appointed to be the Company’s initial Manager. If, at any time, the Members are required to select the Manager and they are deadlocked on such selection, any Member may petition a court of competent jurisdiction for the dissolution of the Company.
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Appointment of a Manager. Party B may, at any time in accordance with the Amended and Restated Agreement of Limited Liability Company of Party B dated August 10, 2000, appoint a person or entity that is a registered investment advisor under the Investment Advisers Act of 1940 (which may be an Affiliate of Party A) to act as the Manager and Party B may grant the Manager full discretionary power and authority to make investment decisions for, in the name of, and on behalf of, Party B, including without limitation the power and authority to enter into Transactions as the agent and for the account of Party B and to advise and direct Party B to enter into Transactions and to execute and deliver Confirmations in connection therewith. Party B shall deliver to Party A a copy of the investment management agreement with such Manager entered into in connection with such appointment. In connection with Party B's entering into any Transactions hereunder, Party A will be entitled to rely conclusively upon any request, instruction, certificate, opinion, or other document furnished to Party A by an employee or agent of the Manager in connection with this Agreement and the Transactions as though such request, instruction, certificate, opinion, or other document was given by Party B, until such time as Party B affirmatively, and upon written notice to Party A, revokes, terminates, or modifies such authorization.
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Appointment of a Manager. 23 HIRING .......................................................................................................... 23 SECTION J: OPERATIONAL RESPONSIBILITIES ...................................................................... 24 60 MAINTENANCE ........................................................................................... 24 CAPITAL WORKS AND CAPITAL EXPENDITURE .............................. 26
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Appointment of a Manager. 58.1 The Community Partner may appoint a Manager at any time during the Licence Term, with the prior written approval of the School Council, to: manage the use of the Facility during the Community Partner's Hours and any other times the Community Partner is entitled to use the Facility; and manage the Community Partner's obligations in respect of the Facility (or some of the obligations), in accordance with this Agreement.
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Appointment of a Manager a) The Licensee warrants that it has appointed the Manager as Manager of the Licensed Post Office.
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Appointment of a Manager. The Community Partner may wish to appoint a manager to manage its use of the Facility and maintenance and other operational obligations. An example would be the appointment of the YMCA as the manager for a sporting stadium the subject of a Community Joint Use Agreement. The appointment of a manager does not affect the parties’ rights of use as expressed in the Community Joint Use Agreement or the Community Partner’s obligations.
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Related to Appointment of a Manager

  • Appointment of a Receiver To the extent permitted by applicable law, if an Event of Default shall have occurred and be continuing, and the Equipment Notes either shall have been accelerated pursuant to Section 4.02 or have become due at maturity, the Loan Trustee shall, as a matter of right, be entitled to the appointment of a receiver (who may be the Loan Trustee or any successor or nominee thereof) for all or any part of the Collateral, whether such receivership be incidental to a proposed sale of the Collateral or the taking of possession thereof or otherwise, and, to the extent permitted by applicable law, the Company hereby consents to the appointment of such a receiver and will not oppose any such appointment. Any receiver appointed for all or any part of the Collateral shall be entitled to exercise all the rights and powers of the Loan Trustee with respect to the Collateral.

  • Appointment of Manager Owner hereby engages and retains Manager as the manager and as tenant coordinating agent of the Properties, and Manager hereby accepts such appointment on the terms and conditions hereinafter set forth; it being understood that this Management Agreement shall cause Manager to be, at law, Owner’s agent upon the terms contained herein.

  • Appointment of Agent GE Capital is hereby appointed to act on behalf of all Lenders as Agent under this Agreement and the other Loan Documents. The provisions of this Section 9.2 are solely for the benefit of Agent and Lenders and no Credit Party nor any other Person shall have any rights as a third party beneficiary of any of the provisions hereof. In performing its functions and duties under this Agreement and the other Loan Documents, Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any Credit Party or any other Person. Agent shall have no duties or responsibilities except for those expressly set forth in this Agreement and the other Loan Documents. The duties of Agent shall be mechanical and administrative in nature and Agent shall not have, or be deemed to have, by reason of this Agreement, any other Loan Document or otherwise a fiduciary relationship in respect of any Lender. Except as expressly set forth in this Agreement and the other Loan Documents, Agent shall not have any duty to disclose, and shall not be liable for failure to disclose, any information relating to any Credit Party or any of their respective Subsidiaries or any Account Debtor that is communicated to or obtained by GE Capital or any of its Affiliates in any capacity. Neither Agent nor any of its Affiliates nor any of their respective officers, directors, employees, agents or representatives shall be liable to any Lender for any action taken or omitted to be taken by it hereunder or under any other Loan Document, or in connection herewith or therewith, except for damages caused by its or their own gross negligence or willful misconduct. If Agent shall request instructions from Requisite Lenders or all affected Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan Document, then Agent shall be entitled to refrain from such act or taking such action unless and until Agent shall have received instructions from Requisite Lenders or all affected Lenders, as the case may be, and Agent shall not incur liability to any Person by reason of so refraining. Agent shall be fully justified in failing or refusing to take any action hereunder or under any other Loan Document (a) if such action would, in the opinion of Agent, be contrary to law or the terms of this Agreement or any other Loan Document, (b) if such action would, in the opinion of Agent, expose Agent to Environmental Liabilities or (c) if Agent shall not first be indemnified to its satisfaction against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Without limiting the foregoing, no Lender shall have any right of action whatsoever against Agent as a result of Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of Requisite Lenders or all affected Lenders, as applicable.

  • 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 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 of Agents The Custodian may at any time or times in its discretion appoint (and may at any time remove) any other bank or trust company which is itself qualified under the Investment Company Act of 1940, as amended, to act as a custodian, as its agent to carry out such of the provisions of this Article 2 as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

  • Appointment of the Manager The Trust is engaged in the business of investing and reinvesting its assets in securities of the type and in accordance with the limitations specified in its Declaration of Trust, as amended and supplemented from time to time, By-Laws (if any) and Registration Statement filed with the Securities and Exchange Commission (the "Commission") under the 1940 Act and the Securities Act of 1933 (the "Securities Act"), including any representations made in the prospectus and statement of additional information relating to the Funds contained therein and as may be amended or supplemented from time to time, all in such manner and to such extent as may from time to time be authorized by the Trust's Board of Trustees (the "Board"). The Board is authorized to issue any unissued shares in any number of additional classes or series. The investment authority granted to the Manager shall include the authority to exercise whatever powers the Trust may possess with respect to any of its assets held by the Funds, including, but not limited to, the power to exercise rights, options, warrants, conversion privileges, redemption privileges, and to tender securities pursuant to a tender offer, and participate in class actions and other legal proceedings on behalf of the Funds. The Trust hereby appoints the Manager, subject to the direction and control of the Board, to manage the investment and reinvestment of the assets in the Funds and, without limiting the generality of the foregoing, to provide the other services specified in Section 2 hereof. The Trust hereby appoints the Manger to provide the Fundlevel duties and services as set forth in Section 2(b) hereof, for the compensation and on the terms herein provided, and the Manager hereby accepts such appointment. Each new investment portfolio established in the future by the Trust shall automatically become a "Fund" for all purposes hereunder as if it were listed on Schedule A, absent written notification to the contrary by either the Trust or the Manager.

  • Appointment of Managers With effect from the day and year stated in Box 4 and continuing unless and until terminated as provided herein, the Owners hereby appoint the Managers and the Managers hereby agree to act as the Managers of the Vessel.

  • 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.

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