Examples of Alternate Manager in a sentence
One Alternate Manager to the Joint Powers Board shall be appointed by each party to this agreement.
Each Party shall promptly give written notice to the other Party of any change in the business address or business telephone of its Manager or Alternate Manager (collectively, its "Authorized Representatives").
In addition, Owner and Purchaser shall each designate, within ten (10) days after the Execution Date, an alternate to its Manager (each, an "Alternate Manager") with the authority to serve in place of, and with the authority of, such Manager solely if such Manager is absent from, or unavailable to attend, a Management Committee meeting.
For the avoidance of doubt, with respect to any Designated Manager or Alternate Manager who also serves as an Officer, the fiduciary duties applicable to such Person pursuant to Section 4.09(h) when acting in the capacity of an Officer shall not be eliminated.
In connection with the determination of any and all matters presented to the Cleco Power Board (or any of its committees), the Company and the Member waive, to the fullest extent permitted by Law, any claim or cause of action against any Designated Manager or an Alternate Manager that could be asserted for breach of fiduciary duty or duty of loyalty.