Common use of Number of Directors; Term of Office Clause in Contracts

Number of Directors; Term of Office. The authorized number of Directors shall, as of the date hereof, be two (2) Directors and hereafter the authorized number of Directors may be increased or decreased by the Member. The Directors shall, except as hereinafter otherwise provided for filling vacancies, be elected by vote of the Member and shall hold office until their respective successors are elected or until their earlier death, resignation or removal. The Directors are listed on Schedule B attached hereto and such persons shall hold office as a Director until his respective successor is elected or until his earlier death, resignation or removal.

Appears in 29 contracts

Samples: Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC)

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Number of Directors; Term of Office. The authorized number of Directors shall, as of the date hereof, continue to be two (2) Directors and hereafter one Director and, hereafter, the authorized number of Directors may be increased or decreased by the MemberBoard. The Directors shall, except as hereinafter otherwise provided for filling vacancies, be elected by vote of the Member Members and shall hold office until their respective successors are elected and qualified or until their earlier death, resignation or removal. The Directors are listed on Schedule B attached hereto and such persons shall hold office as a Director until his respective successor is elected or until his earlier death, resignation or removal.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Convergence, LLC), Limited Liability Company Agreement (Business Sound Inc), Limited Liability Company Agreement (Business Sound Inc)

Number of Directors; Term of Office. The authorized number of Directors shall, as of the date hereof, be two (2) Directors and hereafter the authorized number of Directors may be increased or decreased by the Member. The Directors shall, except as hereinafter otherwise provided for filling vacancies, be elected by vote of the Member and shall hold office until their respective successors are elected or until their earlier death, resignation or removal. The initial Directors are listed on Schedule B attached hereto and such persons shall hold office as a Director until his respective successor is elected or until his earlier death, resignation or removal.

Appears in 2 contracts

Samples: Operating Agreement (Detroit Radio, LLC), Operating Agreement (Detroit Radio, LLC)

Number of Directors; Term of Office. The authorized number ----------------------------------- of Directors shall, as of the date hereof, continue to be two (2) Directors and hereafter one Director and, hereafter, the authorized number of Directors may be increased or decreased by the MemberBoard. The Directors shall, except as hereinafter otherwise provided for filling vacancies, be elected by vote of the Member Members and shall hold office until their respective successors are elected and qualified or until their earlier death, resignation or removal. The Directors are listed on Schedule B attached hereto and such persons shall hold office as a Director until his respective successor is elected or until his earlier death, resignation or removal.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bi Acquisition LLC)

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Number of Directors; Term of Office. The authorized number of ----------------------------------- Directors shall, as of the date hereof, continue to be two (2) Directors and hereafter one Director and, hereafter, the authorized number of Directors may be increased or decreased by the MemberBoard. The Directors shall, except as hereinafter otherwise provided for filling vacancies, be elected by vote of the Member Members and shall hold office until their respective successors are elected and qualified or until their earlier death, resignation or removal. The Directors are listed on Schedule B attached hereto and such persons shall hold office as a Director until his respective successor is elected or until his earlier death, resignation or removal.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Muzak Finance Corp)

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