Common use of Election and Qualifications Clause in Contracts

Election and Qualifications. So long as any member of the Cayuga Group Beneficially Owns any Interests and subject to clause (ii) of the second sentence of Section 6.04, the Manager shall be elected by Cayuga; thereafter the Manager shall be elected by 100% of the votes cast at a meeting of the Members duly called and held. Except as provided in Section 6.01 and this Section 6.02, the Manager shall be elected at the Annual Meeting of Members to hold office until the next Annual Meeting of Members and until his successor has been elected and shall have qualified.