Election and Tenure of Office. Each Manager shall hold office until the expiration of the term for which appointed by the Member and until a successor is designated and qualified or until such Manager’s death, resignation or removal.
Appears in 60 contracts
Samples: Limited Liability Company Agreement (Honda Auto Receivables 2014-3 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2010-3 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2013-2 Owner Trust)
Election and Tenure of Office. Each Manager shall hold office until the expiration of the term for which appointed by the Member and until a successor is designated and qualified or until such Manager’s 's death, resignation or removal.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Toyota Auto Finance Receivables LLC), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Lease Trust 2003-A)