Common use of Number; Independent Managers Clause in Contracts

Number; Independent Managers. (a) The number of Managers which will constitute the whole Board will not be less than one nor more than fifteen. The exact number of Managers will be determined by the Member, subject to Section 4.3(b). The current Board consists of four Managers, one of which is an Independent Manager, as follows: Xxxxx X. Xxxxxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2022-3), Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2022-2), Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2023-2)

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Number; Independent Managers. (a) The number of Managers which will constitute the whole Board will not be less than one nor more than fifteen. The exact number of Managers will be determined by the Member, subject to Section 4.3(b). The current initial Board consists will consist of four Managers, at least one of which is will be an Independent Manager, as followsand who will be: Xxxxx X. XxxxxxxxXxxxxxx Xxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxxx

Appears in 4 contracts

Samples: Limited Liability Company Agreement (ACAR Leasing Ltd.), Limited Liability Company Agreement, Limited Liability Company Agreement (ACAR Leasing Ltd.)

Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b4.03(b). The current initial Board consists will consist of four five Managers, one two of which is an whom will be Independent ManagerManagers, as followsand who will be: Xxxxx X. Xxxxxxxx, as an Independent Manager Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxxxx Xxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxxx

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Daimler Trust), Limited Liability Company Agreement (Daimler Retail Receivables LLC)

Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b3.3(b). The current initial Board consists will consist of four five Managers, one 2 of which is an whom will be Independent ManagerManagers, as followsand who will be: Xxxxx Xxxxxx X. XxxxxxxxXxxxx, as an Independent Manager Xxxxxx Xxxxxxx X. Xxxxx Xxxxxx, as an Independent Manager Xxxxx X. Xxxxxxxxx Xxxxxx Xxxxx X. Xxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxx

Appears in 2 contracts

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

Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b4.03(b). The current initial Board consists will consist of four three Managers, one of which whom is an Independent Manager, as followsand who will be: Xxxxx Xxx Xxxxxx Xxxx XxXxxx Xxx X. Xxxxxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxx

Appears in 1 contract

Samples: Limited Liability Company Agreement (California Republic Funding LLC)

Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b4.03(b). The current Board consists of four five Managers, one two of which is an whom are Independent ManagerManagers, as followsand who are: Xxxxxxx X. Xxxxxx Xxxxx X. Xxxxxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxxxxx Xxxxxxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxxxxxxxx Xxxxxxx

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mercedes-Benz Auto Receivables Trust 2022-1)

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Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b4.03(b). The current Board consists of four five Managers, one two of which is an whom are Independent ManagerManagers, as followsand who are: Xxxxxxx Xxxxxx Xxxxxx Xxxxx Xxxxxxxx X. Xxxxxxx Xxxxx X. Xxxxxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxxx

Appears in 1 contract

Samples: Limited Liability Company Agreement (Daimler Trucks Retail Receivables LLC)

Number; Independent Managers. (a) The number of Managers which will constitute comprising the whole Board will not be less than one three nor more than fifteenfive. The exact number of Managers will be determined by the Member, subject to Section 4.3(b). The current initial Board consists will consist of four five Managers, one two of which is an whom will be Independent ManagerManagers, as followsand who will be: Xxxxx Xxxxxx X. XxxxxxxxXxxxx, as an Independent Manager Xxxxxx Xxxxxxx X. Xxxxx Xxxxxx, as an Independent Manager Xxxxx X. Xxxxxxxxx Xxxxxxx Xxxxxx Xxxxx X. Xxxxxxxxx, Xx.Xxxxxx Xxxx X. Carnarron

Appears in 1 contract

Samples: Limited Liability Company Agreement (CAB West LLC)

Number; Independent Managers. (a) The number of Managers which will shall constitute the whole Board will of Managers shall be not be less than one three nor more than fifteenfive. The exact number may be increased or reduced from time to time by amendment of this Agreement. The initial Board of Managers will be determined by the Membershall consist of three individuals, subject to Section 4.3(b). The current Board consists of four Managers, one of which is an Independent Manager, as followswho shall be: Xxxxx Bibixxx Xxxxxx Davix X. Xxxxxxxx, as an Independent Manager Xxxxxx X. Xxxxx Xxxxx X. Xxxxxxxxx Xxxnxx Xxxxxxx X. Xxxxxxxxx, Xx.Xxxxxxx

Appears in 1 contract

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

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