Common use of Designation and Appointment Clause in Contracts

Designation and Appointment. The Manager may (but need not), from time to time, designate and appoint one or more persons as an officer of the Company. An officer need not be a resident of the State of Delaware, nor a Holder. Any officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c). Each officer shall hold office until such officer's successor shall be duly designated and shall qualify or until such officer's death or until such officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the Manager.

Appears in 6 contracts

Samples: Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.)

AutoNDA by SimpleDocs

Designation and Appointment. The Manager may (but need not), from time to time, designate and appoint one or more persons as an officer of the Company. An officer need not be a resident of the State of Delaware, nor a Holder. Any officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c). Each officer shall hold office until such officer's ’s successor shall be duly designated and shall qualify or until such officer's ’s death or until such officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the Manager.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Boise White Paper Sales Corp.), Operating Agreement (Boise White Paper Sales Corp.), Operating Agreement (Boise White Paper Sales Corp.)

Designation and Appointment. The officers of the Corporation shall automatically be designated and appointed as Officers of the LLC, with titles, duties and authority corresponding to the titles, duties and authority held by such Officers in their capacity as officers of the Corporation, and with no specific action required by the Manager in order to appoint such persons. In addition, the Manager may (but need not), from time to time, designate and appoint one or more persons as an officer additional Officers of the CompanyLLC. An officer No Officer need not be a resident of the State of Delaware, nor Delaware or a HolderMember. Any officers additional Officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them, and no Officer shall be deemed to be a Manager as a result of his or her status as an Officer. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officersOfficers and create officer positions in its discretion. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formedcorporation, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer Officer by the Corporation or by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c3.06(a). Each officer Officer shall hold office until such officer's Officer’s successor shall be duly designated and shall qualify or until such officer's Officer’s death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company LLC shall be fixed from time to time by the Corporation or the Manager, as applicable.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.)

Designation and Appointment. The Manager may (but need not)Board may, from time to time, designate employ and appoint one or more retain persons as an officer may be necessary or appropriate for the conduct of the Company's business (subject to the supervision and control of the Board), including employees, agents and other Persons (any of whom may be a Member or Representative) who may be designated as Officers of the Company, with titles including but not limited to "chief executive officer," "president," "vice chairman," vice president," "treasurer," "secretary," "general counsel," "director," "chief financial officer" and "chief operating officer" as and to the extent authorized by the Board. An officer Any number of offices may be held by the same Person. In the Board's discretion, the Board may choose not to fill any office for any period as it may deem advisable. Officers need not be a resident residents of the State of Delaware, nor a HolderDelaware or Members. Any officers Officers so designated shall have such authority and perform such duties as the Manager Board may, from time to time, delegate to them. The Manager Board may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c)Officers. Each officer Officer shall hold office until such officer's his successor shall be duly designated and shall qualify have qualified as an Officer or until such officer's his death or until such officer he shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents Officers of the Company shall be fixed from time to time by the ManagerBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (VHS of Anaheim Inc), Limited Liability Company Agreement (VHS of Anaheim Inc)

Designation and Appointment. The Manager Board may (but need not), from time to time, designate and appoint one or more persons as an officer Officer of the Company. An officer No Officer need not be a resident of the State of Delaware, nor a HolderMember or a Manager. Any officers Officers so designated shall have such authority and perform such duties as the Manager Board may, from time to time, delegate to them. The Manager Board may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officersOfficers. Unless the Manager Board otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer Officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers Board pursuant to the terms of Section 5.2 and 5.6(c)hereof. Each officer Officer shall hold office until such officerOfficer's successor shall be duly designated and shall qualify or until such officerOfficer's death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company shall be fixed from time to time by the ManagerBoard. The names of the initial Officers of the Company are set forth on SCHEDULE III attached hereto. Thereafter, the Officers shall be as appointed by the Board of Managers.

Appears in 2 contracts

Samples: Operating Agreement (AMF Worldwide Bowling Centers Holdings Inc.), Operating Agreement (AMF Worldwide Bowling Centers Holdings Inc.)

AutoNDA by SimpleDocs

Designation and Appointment. The Manager Board may (but need not), from time to time, designate and appoint one or more persons as an officer Officer of the CompanyNGR Management. An officer No Officer need not be a resident of the State of Delaware, nor a HolderMember or a Manager. Any officers Subject to the terms of Section 5.1(d), any Officers so designated shall have such authority and perform such duties as the Manager Board may, from time to time, designate or delegate to them. The Manager Board may assign titles to particular Officers (including chairmanChairman, chief executive officerChief Executive Officer, presidentPresident, vice presidentChief Financial Officer, secretaryChief Operating Officer, assistant secretaryVice President, treasurer and assistant treasurer) to particular officersExecutive Vice President, Secretary, Assistant Secretary, Treasurer, or Assistant Treasurer). Unless the Manager Board otherwise decides, if the title is one commonly used for officers of a business corporation formedformed under the Laws of the State of Delaware, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation or negation of authority and and/or duties made to such officer Officer by the Manager Board pursuant to the third sentence of this Section 5.6(a5.5(b) and Section 5.6(b), (ii) any delegation of authority and duties made to one or more officers Officers pursuant to the terms of Section 5.2 5.4 and 5.6(c)(iii) the specific limitations set forth in this Agreement, including the limitations set for forth in Section 5.6 and Article VI. Each officer Officer shall hold office until such officer's Officer’s successor shall be duly designated and shall qualify or until such officer's Officer’s death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company NGR Management shall be fixed from time to time by the ManagerBoard (subject to any contract rights of the applicable Officer).

Appears in 1 contract

Samples: Limited Liability Company Agreement

Designation and Appointment. The Manager Managers, subject to Section 5.2, may (but need not), from time to time, designate and appoint one or more persons as an officer of the Company. An officer need not be a resident of the State of Delaware, nor a Holder. Any officers so designated shall have such authority and perform such duties as the Manager Managers may, from time to time, delegate to them. The Manager Managers may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager Managers otherwise decidesdecide, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager Managers pursuant to the third sentence of this Section 5.6(a5.5(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c5.5(c). Each officer shall hold office until such officer's ’s successor shall be duly designated and shall qualify or until such officer's ’s death or until such officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the ManagerManagers.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (US Power Generating CO)

Designation and Appointment. The officers of the Corporation shall automatically be designated and appointed as Officers of the LLC, with titles, duties and authority corresponding to the titles, duties and authority held by such Officers in their capacity as officers of the Corporation, and with no specific action required by the Manager in order to appoint such persons. In addition, the Manager may (but need not), from time to time, designate and appoint one or more persons as an officer additional Officers of the CompanyLLC. An officer No Officer need not be a resident of the State of Delaware, nor Delaware or a HolderMember. Any officers additional Officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them, and no Officer shall be deemed to be a Manager as a result of his or her status as an Officer. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officersOfficers and create officer positions in its discretion. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formedcorporation, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer Officer by the Corporation or by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c3.06(a). Each officer Officer shall hold office until such officerOfficer's successor shall be duly designated and shall qualify or until such officerOfficer's death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company LLC shall be fixed from time to time by the Corporation or the Manager, as applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BioFuel Energy Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.