Common use of Managers Compensation Clause in Contracts

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the Member.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2022-1), Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2022-2), Limited Liability Company Agreement (CAB West LLC)

AutoNDA by SimpleDocs

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board of Managers may reasonably from time to time determine. Any such compensation and expense will be paid by the Member.

Appears in 11 contracts

Samples: Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Owner Trust 2001-4), Trust Agreement (Mmca Auto Owner Trust 2002-5)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board of Managers and the Members may reasonably from time to time determine. Any such compensation and expense will be paid by the Member.

Appears in 10 contracts

Samples: Operating Agreement (Claymore MACROshares Oil Down Holding Trust), Operating Agreement (Claymore MACROshares Oil Up Holding Trust), Operating Agreement (Claymore MACROshares Oil Up Holding Trust)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board of Managers and the Member may reasonably from time to time determine. Any such compensation and expense will be paid by the Member.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Efcar, LLC), Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, services with expenses, if any, as determined by the Board may reasonably determineof Managers and the Member. Any such The compensation and expense will be paid by the Member.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (CAB East LLC)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the MemberCompany.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Daimler Trucks Retail Receivables LLC), Limited Liability Company Agreement (Daimler Trust), Limited Liability Company Agreement (California Republic Funding LLC)

AutoNDA by SimpleDocs

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAB West LLC), Limited Liability Company Agreement (CAB West LLC)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwiseother wise, with expenses, if any, as the Board of Managers may reasonably from time to time determine. Any such compensation and expense will be paid by the Member.

Appears in 1 contract

Samples: Trust Agreement (Mmca Auto Owner Trust 2001-3)

Managers Compensation. Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, expenses if any, as the Board of Managers and the Member may reasonably from time to time determine. Any such compensation and expense will be paid by the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Triad Financial Special Purpose LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.