Manager Resignation. Any Manager may resign at any time by giving written notice to the Board of Managers and the secretary of the Company. The resignation of any Manager shall take effect upon receipt of notice thereof or at such later time as shall be specified in such notice and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Globalstar, Inc.)
Manager Resignation. Any The Manager may resign at any time for any reason or for no reason by giving a written notice of resignation to the Board of Managers Company and the secretary all of the CompanyMembers. The Manager’s resignation of any Manager shall take effect upon receipt of is effective when the notice thereof is received by the Company, or at on such later time date as shall may be specified in such the notice andof resignation. In the event the Manager resigns, unless otherwise specified therein, a new Manager shall be appointed the acceptance approval of such resignation shall not be necessary to make it effectiveboth the GR Member and the EBC Sponsor Member.
Appears in 1 contract
Sources: Joint Venture Operating Agreement (Grown Rogue International Inc.)
Manager Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board of Managers and the secretary of the CompanyMembers. The resignation of any Manager shall take effect upon receipt of notice thereof or at such later time as shall be specified in such notice and, notice; and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.
Appears in 1 contract
Sources: Operating Agreement (O Charleys Inc)