Appointment of Nominee Directors Sample Clauses

Appointment of Nominee Directors. The Borrower agrees that IREDA shall be entitled to appoint and withdraw from time to time nominee directors on the Board of Directors of the Borrower at any time during the currency of this Agreement.
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Appointment of Nominee Directors. Concessionaire agrees that it shall appoint two representatives selected by the Participating ULBs and one representative selected by the State Govt as nominee directors to its board of directors.
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Appointment of Nominee Directors. The Borrower agrees that XXXXX shall be entitled to appoint and withdraw from time to time nominee directors on the Board of Directors of the Borrower at any time during the currency of this Agreement.
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Appointment of Nominee Directors. The Buyer will have appointed two nominees of the Sellers acceptable to the Buyer and the Exchange, respectively, to the board of directors of the Buyer.
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Appointment of Nominee Directors. At Completion, (a) Maple Leaf will arrange for any managing director of JV Newco that is not remaining on the Board of JV Newco to resign in accordance with the Shareholders Agreement and (b) Nominee Supervisory Director(s) of each of Maple Leaf and United shall be nominated and appointed in accordance with the Shareholders Agreement.
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Appointment of Nominee Directors. Subject to the completion of the Balance Placement, the Company shall appoint up to three (3) directors nominated by the Placee to the Board.
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Appointment of Nominee Directors. Each Shareholder shall vote its Shares and take such other action as may be required to appoint the nominees to the Board. If a Shareholder’s nominee is disqualified under Applicable Law, such Shareholder shall have the right to nominate a replacement nominee.
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Appointment of Nominee Directors a. Until the Final Settlement Date, the Lender without prejudice to its rights referred to in the Financing Documents shall have a right to appoint and/ or remove, from time to time, a director on the Board of the Borrower as its nominee director(s) and in the case of an Event of Default such number of directors on the Board of the Borrower that would constitute a majority (“Nominee Director(s)”) to protect the interests of the Lender, subject however that the director or directors so appointed by the Lender shall not be liable to retire by rotation, shall be appointed in non-executive capacity and need not possess any share qualification prescribed by the Articles of Association of the Borrower. The Borrower shall suitably amend its Articles of Association to provide for such appointment.
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Related to Appointment of Nominee Directors

  • Appointment of Directors Immediately upon the Effective Time, Parent shall, in accordance with Section 2.3(d), accept the resignations and cause the appointments of those officers and directors of Parent identified in Exhibit C hereto, subject to any notice and waiting period requirements of federal law. At the first annual meeting of Parent’s stockholders and thereafter, the election of members of Parent’s Board of Directors shall be accomplished in accordance with the by-laws of Parent.

  • Appointment of Director The Company, subject to the requisite prior-approval of the Board of Directors, hereby:

  • Appointment of Officers The Trust may have one or more Officers who are hereby empowered to take and are responsible for performing all ministerial duties on behalf of the Trust pursuant to this Agreement and the other Operative Agreements, including, without limitation, the execution of the Officers’ Certificate (as defined in the Indenture), the Trust Order (as defined in the Indenture), the Trust Request (as defined in the Indenture), the annual compliance report required under Section 3.09 of the Indenture, and any annual reports, documents and other reports which the Trust is required to file with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended. Each of the Chairman of the Board, the Chief Executive Officer, the President, each Senior Vice President and each Vice President of the Depositor is hereby appointed as an Officer of the Trust. The Depositor shall promptly deliver to the Owner Trustee and the Indenture Trustee a list of its officers who shall become the Officers of the Trust pursuant to this Section 11.01.

  • 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 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 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 to the Board The members of the Post-Closing Purchaser Board shall have been elected or appointed as of the Closing consistent with the requirements of Section 5.17.

  • Appointment of Administrators (a) The Administrators shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities or may resign at any time. Upon any resignation or removal, the Holder of the Common Securities shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.

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