Designation of Trustees Sample Clauses

Designation of Trustees. The name of the Fund may be used to designate the Trustees collectively, and all instruments may be executed by or for the Trustees in such names.‌
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Designation of Trustees. 30 14.6.1.1 Employer Trustees 30 14.6.1.2 Union Trustees 30 14.7 ACCEPTANCE OF TRUSTS. 30
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Designation of Trustees. 30 14.6.1.1 Employer Trustees 30 14.6.1.2 Union Trustees 30 14.7 ACCEPTANCE OF TRUSTS 30 ARTICLE 15 - GENERAL CONDITIONS 31 15.1 NONDISCRIMINATION 31 15.2 NEW CONTRACT 31 15.3 GENDER REFERENCES 31 15.4 UNIFORMS 31 15.5 RESTROOMS 31 15.6 WEIGHT LIMIT 31 15.7 POLYGRAPH TEST 31 15.8 SUCCESSORS AND ASSIGNS 31 15.8.1 New Owner 31
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Designation of Trustees. Subsequent to the close of the Offering, the three Trustees shall be designated as Trustee A, Trustee B and Trustee C. Trustee A, initially Douglas Miller, shall be deemed appointed by Capital Grxxxx Xxxxxxxx, Inc. and Capital Protection, Inc. and shall be subject to removal and replacement in the discretion of such parties. Trustee B, initially Martin Mechling, shall be deemed appointed by the Beneficixx Xxxxxxxx Xxxders other than Capital Growth Planning, Inc. and Capital Protection, Inc. and shall be subject to removal and replacement in the discretion of such parties. Trustee C, initially Gobind Sahney, shall be deemed appointed by ETPI and shall xx xxxxxxx to removal and replacement in the discretion of ETPI.
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Designation of Trustees. The holders of a majority of the outstanding aggregate principal amount of the Notes shall have the right to designate in writing to the Company (i) in the case where the number of Trustees on the Company's Board of Trustees (excluding any Trustees designated by such holder) is 10 or fewer, one representative and (ii) in the case where the number of Trustees on the Company's Board of Trustees (excluding any Trustees designated by such holder) is 10 or more, two representatives, to be elected to the Company's Board of Trustees, and the Company shall use its reasonable efforts, subject to the duties of its trustees under Maryland law, to nominate such representative(s) for election to the Board of Trustees. The Company shall not take any action which would diminish the prospects of such representative(s) being elected to the Board of Trustees. Each such representative elected to the Board of Trustees shall be entitled to receive the same compensation as all other non-officer Trustees and shall be considered a Non-Management Trustee; provided, that if any representative is an officer or employee of the Lender or any Affiliate of the Lender, then such compensation shall be paid directly to the Lender. All out-of-pocket expenses of each representative incurred in connection with attending regular and special board meetings and any meeting of any board committee shall be paid by the Company. Upon repayment of the Notes in full, the Lender shall cause such representative(s) to resign from the Company's Board of Trustees.
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Designation of Trustees. 16 SECTION 9.01. APPOINTMENT OF TRUSTEES 16 SECTION 9.02. ACCEPTANCE BY TRUSTEES 17 SECTION 9.03. ELECTION OF CHAIRMAN AND SECRETARY 17 ARTICLE 10 MEETINGS OF THE TRUSTEES 18 SECTION 10.01. REGULAR MEETING OF TRUSTEES 18 SECTION 10.02. ATTENDANCE REQUIRED FOR BUSINESS TRANSACTIONS 18 SECTION 10.03. UNANIMOUS APPROVAL 18 SECTION 10.04. VACANCY 18 ARTICLE 11 EXECUTION OF DOCUMENTS 19 SECTION 11.01. GENERAL 19
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Designation of Trustees. Upon the termi- nation of the provisions of this sub- part, the members of the Board then functioning shall continue as joint trustees, for the purpose of liquidating the affairs of the Board, of all funds and property then in the possession or under the control of the Board, includ- ing claims for any funds unpaid or property not delivered at the time of such termination. Action by said trust- eeship shall require the concurrence of a majority of the said trustees.
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Designation of Trustees. Please draw a line through any unused sections. If there are additional Trustees, please provide their information on a separate sheet of paper. All account owners must sign this form.
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Designation of Trustees 
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Related to Designation of Trustees

  • Election of Trustees The members of The Northwestern Mutual Life Insurance Company are its policyholders of insurance policies and deferred annuity contracts. The members exercise control through a Board of Trustees. Elections to the Board are held each year at the annual meeting of members. Members are entitled to vote in person or by proxy. FLEXIBLE PAYMENT VARIABLE ANNUITY-ACCOUNT B AMOUNTS ALLOCATED TO THE SEPARATE ACCOUNT DIVISIONS AND VARIABLE PAYMENTS PROVIDED BY THIS CONTRACT ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT BUT ARE VARIABLE AND MAY INCREASE OR DECREASE TO REFLECT THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT.

  • Compensation of Trustees The Trustees as such shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation from time to time. Nothing herein shall in any way prevent the employment of any Trustee to provide advisory, management, legal, accounting, investment banking or other services to the Trust and to be specially compensated for such services by the Trust.

  • Resignation of Trustee Any Trustee hereunder may resign by a notice in writing delivered to the Grantor, if the Grantor is then living, and, after the Grantor’s death, to all current Beneficiaries of the Trust.

  • Removal of Trustees No natural person shall serve as Trustee after the holders of record of not less than two-thirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall promptly call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee when requested in writing so to do by the record holders of not less than 10 per centum of the outstanding Shares. Whenever ten or more Shareholders of record who have been such for at least six months preceding the date of application, and who hold in the aggregate Shares having a net asset value of at least 1 per centum of the outstanding Shares, shall apply to the Trustees in writing, stating that they wish to communicate with other Shareholders with a view to obtaining signatures to a request for a meeting pursuant to this Section and accompanied by a form of communication and request which they wish to transmit, the Trustees shall within five business days after receipt of such application either (a) afford to such applicants access to a list of the names and addresses of all Shareholders as recorded on the books of the Trust; or (b) inform such applicants as to the approximate number of Shareholders of record, and the approximate cost of transmitting to them the proposed communication and form of request. If the Trustees elect to follow the course specified in clause (b), the Trustees, upon the written request of such applicants, accompanied by a tender of the material to be transmitted and of the reasonable expenses of transmittal, shall, with reasonable promptness, transmit such material to all Shareholders of record at their addresses as recorded on the books of the Trust (or at the telephone or facsimile number or e-mail or other electronic address most recently furnished to the Trust (or its agent) by the Shareholder), unless within five business days after such tender the Trustees shall transmit to such applicants and file with the Commission, together with a copy of the material proposed to be transmitted, a written statement signed by at least a majority of the Trustees to the effect that in their opinion either such material contains untrue statements of fact or omits to state facts necessary to make the statements contained therein not misleading, or would be in violation of applicable law, and specifying the basis of such opinion. If the Commission shall enter an order refusing to sustain any of the objections specified in the written statement so filed, or if, after the entry of an order sustaining one or more of such objections, the Commission shall find, after notice and opportunity for hearing, that all objections so sustained have been met, and shall enter an order so declaring, the Trustees shall transmit copies of such material to all Shareholders with reasonable promptness after the entry of such order and the renewal of such tender.

  • Resignation and Removal of Trustees Each of the Trustee and the Delaware Trustee may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Servicer. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning trustee may petition any court of competent jurisdiction for the appointment of a successor trustee. If at any time the Trustee or the Delaware Trustee shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Servicer, or if at any time the Trustee or the Delaware Trustee shall become incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver of such trustee or of its property shall be appointed, or any public officer shall take charge or control of such trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, then the Servicer may remove such trustee and appoint a successor trustee by written instrument, in triplicate, copies of which instrument shall be delivered to the trustee so removed, the trustee continuing in its capacity and the successor trustee. The Holders of Certificates evidencing Percentage Interests aggregating more than 50% may at any time remove the Trustee or the Delaware Trustee and appoint a successor trustee by written instrument or instruments, in triplicate, signed by such Holders or their attorneys in-fact duly authorized, one complete set of which instruments shall be delivered to the Servicer, one complete set to the Trustee so removed and one complete set to the successor so appointed. Any resignation or removal of the Trustee or the Delaware Trustee and appointment of a successor trustee pursuant to any of the provisions of this Section 8.07 shall become effective upon acceptance of appointment by the successor trustee as provided in Section 8.08. Any expenses associated with the resignation of the Trustee or the Delaware Trustee shall be borne by such trustee, and any expenses associated with the removal of the Trustee or the Delaware Trustee shall be borne by the Servicer.

  • Duties of Trustees (a) The Trustee, prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. In case an Event of Default has occurred (which has not been cured or waived) the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in its exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

  • Creation of Trust; Name There is hereby created a Trust which shall be known as "SLM Student Loan Trust 2005-2", in which name the Eligible Lender Trustee may conduct the business of the Trust, make and execute contracts and other instruments on behalf of the Trust and xxx and be sued. The Trust shall constitute a statutory trust within the meaning of Section 3801(a) of the Delaware Statutory Trust Act for which the Eligible Lender Trustee has filed a certificate of trust with the Secretary of State of the State of Delaware pursuant to Section 3810(a) of the Delaware Statutory Trust Act.

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