Common use of Number; Independent Managers Clause in Contracts

Number; Independent Managers. (a) The number of Managers which shall constitute the whole Board of Managers shall be not less than three nor more than five. The number may be increased or reduced from time to time by amendment of this Agreement. The initial Board of Managers shall consist of five individuals, two of which shall be Independent Managers, and who shall be: Bibiana Boerio David M. Brandi Sanjeev Agrawal Xxxxxx X. Xxxxx, xx Xxxxxxxxxxt Manager Xxxxxxd J. Angelo, as Independent Manager

Appears in 1 contract

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

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Number; Independent Managers. (a) The number of Managers which shall constitute constitutes the whole Board of Managers shall be is not less than three nor more than five. The number may be increased or reduced from time to time by amendment of this Agreement. The initial Board of Managers shall will consist of the following five individuals, two of which shall be whom are Independent Managers, and who shall be: Bibiana Boerio David M. Brandi Sanjeev Agrawal Susan J. Thomas Xxxxxx X. XxxxxL. Stidd, xx ax Xxxxxxxxxxt Manager Xxxxxxd J. Angelo, as Independent xx Xxxxxxxxxxt Manager

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ford Credit Floorplan Corp)

Number; Independent Managers. (a) The number of Managers which shall constitute the whole Board of Managers shall be not less than three nor more than five. The number may be increased or reduced from time to time by amendment of this Agreement. The initial Board of Managers shall consist of five individuals, two of which shall be Independent Managers, and who shall be: Bibiana Boerio David M. Brandi Sanjeev Xanjeev Agrawal Xxxxxx X. Xxxxx, xx Xxxxxxxxxxt Manager Xxxxxxd J. AngeloXxxxxxxxxxx Xxxxxxx Bernxxx X. Xxxxxx, as Independent Manager

Appears in 1 contract

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

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Number; Independent Managers. (a) The number of Managers which shall constitute the whole Board of Managers shall be not less than three nor more than five. The number may be increased or reduced from time to time by amendment of this Agreement. The initial Board of Managers shall consist of five individuals, two of which shall be Independent Managers, and who shall be: Bibiana Boerio David M. Brandi Sanjeev Agrawal Xxxxxx L. Stidd, ax Xxxxxxnxxxx Xxxxxxx Xxxxxxx X. Xxxxx, xx Xxxxxxxxxxt Manager Xxxxxxd J. Angelo, as Independent Managerax Xxxxxxxxxxx Xanager

Appears in 1 contract

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

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