No Effect on Interest. The resignation or removal of a Person as the Manager shall not require or result in the resignation or removal of such Person as a Member, reduce the Interest of such Member or its Representatives, or restrict the right of such Member to appoint Representatives to the Management Committee.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Contango ORE, Inc.), Limited Liability Company Operating Agreement (Gold Torrent Canada Inc), Limited Liability Company Agreement
No Effect on Interest. The resignation or removal of a Person as the Manager shall will not require or result in the resignation or removal of such Person as a Member, reduce the Interest of such Member or its Representatives, or restrict the right of such Member to appoint Representatives to the Management Committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Texas Mineral Resources Corp.), Limited Liability Company Agreement (Texas Mineral Resources Corp.)
No Effect on Interest. The resignation or removal of a Person as the Manager shall not require or result in the resignation or removal of such Person as a Member, reduce the Interest of such Member or its Representatives, or restrict the right of such Member to appoint Representatives to the Management Committee.. 5.8
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)
