Extension of Appointment Sample Clauses

The Extension of Appointment clause allows for the formal continuation of a professional's or contractor's engagement beyond the originally agreed period. Typically, this clause outlines the process for requesting and approving an extension, such as requiring written notice or mutual agreement, and may specify any adjustments to fees or terms during the extended period. Its core function is to provide a clear mechanism for extending the working relationship without needing to renegotiate a new contract, thereby ensuring continuity and minimizing disruptions to ongoing projects.
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Extension of Appointment. 13.1 Unless ▇▇. ▇▇▇’▇ appointment has been previously terminated, and without limiting UBC’s right to terminate ▇▇. ▇▇▇’▇ appointment as President between August 31, 2020 and September 15, 2020, ▇▇. ▇▇▇ will advise the Chair of the Board whether he wishes to be considered for reappointment as President of UBC for a further term to commence on the expiration of the Term before September 15, 2020. 13.2 If ▇▇. ▇▇▇ advises the Chair of the Board of his willingness to be considered for reappointment, UBC will establish a select committee of the Board (including the Chancellor of UBC and the Chair of the Board) (the “Select Committee”) for the purpose of considering the reappointment of ▇▇. ▇▇▇ as President. 13.3 On a confidential and non-public basis but subject always to any legislative requirements, the Select Committee will review the performance of ▇▇. ▇▇▇ as President in relation to the performance review undertaken pursuant to this Agreement. The Select Committee may also solicit the input of representatives of the various sectors of the UBC community. 13.4 The Select Committee will meet with ▇▇. ▇▇▇ to review his performance as President and the results of the input received by the Select Committee from the representatives of various sectors of the UBC community and to solicit his comments concerning his performance and the input results. 13.5 If the Select Committee favours such reappointment, the Select Committee will then so report to the Executive Committee of the Board of Governors whereupon the Executive Committee will deliberate to establish the terms upon which UBC should reappoint ▇▇. ▇▇▇ as President. 13.6 The Select Committee and the Executive Committee will jointly report to the Board and the Board will then consider and make its decision whether or not to reappoint ▇▇. ▇▇▇ as President. ▇▇. ▇▇▇ will be notified of the Board’s decision no later than January 15, 2021. 13.7 If the Select Committee is not willing to recommend the reappointment of ▇▇. ▇▇▇, it will so report to the Board. The Board will duly consider the report of the Select Committee but notwithstanding that report, the Board will have complete discretion to accept or reject the recommendation of the Select Committee. 13.8 If the Board determines to reappoint ▇▇. ▇▇▇ as President, that reappointment will be subject to the negotiation and settlement of terms mutually acceptable to UBC (as represented by an appointed officer or committee) and ▇▇. ▇▇▇ but not inconsistent with the t...
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Extension of Appointment. The exclusion of any part of the Current Issuer Charged Property from the appointment of the Receiver shall not preclude the Note Trustee from subsequently extending its appointment (or that of the Receiver replacing it) to that part of the Current Issuer Charged Property or appointing another Receiver over any other part of the Current Issuer Charged Property.
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Extension of Appointment. The exclusion of any part of the Funding Charged Property from the appointment of the Receiver shall not preclude the Security Trustee from subsequently extending its appointment (or that of the Receiver replacing it) to that part of the Funding Charged Property or appointing another Receiver over any other part of the Funding Charged Property.
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Related to Extension of Appointment

  • TERMINATION OF APPOINTMENT 6.1 The Issuer may terminate the appointment of the Calculation Agent at any time by giving to the Calculation Agent at least 45 days' prior written notice to that effect, provided that, so long as any of the Relevant Notes is outstanding: (a) the notice shall not expire less than 45 days before any date on which any calculation is due to be made in respect of any Relevant Notes; and (b) notice shall be given in accordance with the Conditions to the holders of the Relevant Notes at least 30 days before any removal of the Calculation Agent. 6.2 Notwithstanding the provisions of subclause 6.1, if at any time: (a) the Calculation Agent becomes incapable of acting, or is adjudged bankrupt or insolvent, or files a voluntary petition in bankruptcy or makes an assignment for the benefit of its creditors or consents to the appointment of an administrator, liquidator or administrative or other receiver of all or any substantial part of its property, or admits in writing its inability to pay or meet its debts as they may mature or suspends payment of its debts, or if any order of any court is entered approving any petition filed by or against it under the provisions of any applicable bankruptcy or insolvency law or if a receiver of it or of all or a substantial part of its property is appointed or if any officer takes charge or control of the Calculation Agent or of its property or affairs for the purpose of rehabilitation, conservation or liquidation; or (b) the Calculation Agent fails duly to perform any function or duty imposed on it by the Conditions and this Agreement, the Issuer may immediately without notice terminate the appointment of the Calculation Agent, in which event notice of the termination shall be given to the holders of the Relevant Notes in accordance with the Conditions as soon as practicable. 6.3 The termination of the appointment of the Calculation Agent under subclauses 6.1 or 6.2 shall not entitle the Calculation Agent to any amount by way of compensation but shall be without prejudice to any amount then accrued due. 6.4 The Calculation Agent may resign its appointment under this Agreement at any time by giving to the Issuer at least 90 days' prior written notice to that effect. Following receipt of a notice of resignation from the Calculation Agent, the Issuer shall promptly give notice of the resignation to the holders of the Relevant Notes in accordance with the Conditions. 6.5 Notwithstanding the provisions of subclauses 6.1, 6.2 and 6.4, so long as any of the Relevant Notes is outstanding, the termination of the appointment of the Calculation Agent (whether by the Issuer or by the resignation of the Calculation Agent) shall not be effective unless upon the expiry of the relevant notice a successor Calculation Agent has been appointed. The Issuer agrees with the Calculation Agent that if, by the day falling 10 days before the expiry of any notice under subclause 6.4, the Issuer has not appointed a replacement Calculation Agent, the Calculation Agent shall be entitled, on behalf of the Issuer, to appoint as a successor Calculation Agent in its place a reputable financial institution of good standing which the Issuer shall approve. 6.6 Upon its appointment becoming effective, a successor Calculation Agent shall without any further action, become vested with all the authority, rights, powers, duties and obligations of its predecessor with the same effect as if originally named as the Calculation Agent under this Agreement. 6.7 If the appointment of the Calculation Agent under this Agreement is terminated (whether by the Issuer or by the resignation of the Calculation Agent), the Calculation Agent shall on the date on which the termination takes effect deliver to the successor Calculation Agent any records concerning the Relevant Notes maintained by it (except those documents and records which it is obliged by law or regulation to retain or not to release), but shall have no other duties or responsibilities under this Agreement. 6.8 Any corporation into which the Calculation Agent may be merged or converted, or any corporation with which the Calculation Agent may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Calculation Agent shall be a party, or any corporation to which the Calculation Agent shall sell or otherwise transfer all or substantially all of its assets shall, on the date when the merger, consolidation or transfer becomes effective and to the extent permitted by any applicable laws, become the successor Calculation Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties to this Agreement, unless otherwise required by the Issuer, and after the said effective date all references in this Agreement to the Calculation Agent shall be deemed to be references to such successor corporation. Written notice of any such merger, conversion, consolidation or transfer shall immediately be given to the Issuer and the Agent by the Calculation Agent.

  • Term of Appointment 2.1 The Appointment shall commence on the Commencement Date and shall continue, subject to the remaining terms of this Contract, until terminated by either party giving the other not less than 6 months’ prior notice (or the statutory minimum notice, whichever is the greater) in writing. 2.2 [This clause intentionally blank]. 2.3 No employment with a previous employer counts towards the Employee’s period of continuous employment with the Company. 2.4 The Employee consents to the transfer of his employment under this Contract to an Associated Employer at any time during the Appointment.

  • ACCEPTANCE OF APPOINTMENT The Adviser accepts that appointment and agrees to render the services herein set forth, for the compensation herein provided. The assets of the Allocated Portion will be maintained in the custody of a custodian (who shall be identified by the Manager in writing). The Adviser will not have custody of any securities, cash or other assets of the Fund and will not be liable for any loss resulting from any act or omission of the custodian other than acts or omissions arising in reliance on instructions of the Adviser.

  • Perfection of Appointment Should any deed, conveyance or instrument of any nature be required from Grantor by any successor Trustee to more fully and certainly vest in and confirm to such successor Trustee such estates, rights, powers and duties, then, upon request by such Trustee, all such deeds, conveyances and instruments shall be made, executed, acknowledged and delivered and shall be caused to be recorded and/or filed by Grantor.

  • Scope of Appointment A. Subject to the conditions set forth in this Agreement, Fund hereby employs and appoints Service Company as Transfer Agent and Dividend Disbursing Agent effective the date hereof. B. Service Company hereby accepts such employment and appointment and agrees that it will act as Fund's Transfer Agent and Dividend Disbursing Agent. Service Company agrees that it will also act as agent in connection with Fund's periodic withdrawal payment accounts and other open-account or similar plans for shareholders, if any. C. Service Company agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. D. Fund agrees to use all reasonable efforts to deliver to Service Company in Kansas City, Missouri, as soon as they are available, all its shareholder account records. E. Subject to the provisions of Sections 20 and 21 hereof, Service Company agrees that it will perform all the usual and ordinary services of Transfer Agent and Dividend Disbursing Agent and as agent for the various shareholder accounts, including, without limitation, the following: issuing, transferring and cancelling share certificates, maintaining all shareholder accounts, preparing shareholder meeting lists, mailing proxies, receiving and tabulating proxies, mailing shareholder reports and prospectuses, withholding federal income taxes, preparing and mailing checks for disbursement of income and capital gains dividends, preparing and filing all required U.S. Treasury Department information returns for all shareholders, preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required, recording reinvestments of dividends and distributions in Fund shares, recording redemptions of Fund shares and preparing and mailing checks for payments upon redemption and for disbursements to systematic withdrawal plan shareholders.