Common use of Election of Directors Clause in Contracts

Election of Directors. Each director shall be elected by the Member and shall serve in such capacity until such director’s successor has been elected and qualified or until such director dies, resigns, or is removed.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Martinez Terminal Co LLC), Limited Liability Company Agreement (Martinez Terminal Co LLC), Limited Liability Company Agreement (Martinez Terminal Co LLC)

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Election of Directors. Each director shall be elected by the Member or Members holding a majority of the Membership Interests in the Company and shall serve in such capacity until such director’s successor has been elected and qualified or until such director dies, resigns, or is removed.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Torrance Refining Co LLC)

Election of Directors. Each director shall be elected by the Member or Members holding a majority of the Membership Interests of the Company and shall serve in such capacity until such director’s 's successor has been elected and qualified or until such director dies, resigns, or is removed.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PBF Finance Corp)

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Election of Directors. Each director shall be elected by the Member and shall serve in such capacity until such director’s 's successor has been elected and qualified or until such director dies, resigns, or is removed.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PBF Finance Corp)

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