Common use of Number, Tenure and Qualifications Clause in Contracts

Number, Tenure and Qualifications. The initial Manager shall be Xxxxxxx Xxxxx. The number of Managers shall be fixed from time to time by the Sole Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until such Manager resigns or is removed by the Sole Member at the Sole Member’s discretion. A Manager need not be a resident of the State of Arizona or a member of the Company.

Appears in 6 contracts

Samples: Operating Agreement (DT Credit Company, LLC), Operating Agreement (DT Acceptance Corp), Operating Agreement (DT Acceptance Corp)

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Number, Tenure and Qualifications. The initial Manager shall be Xxxxxxx XxxxxDT Credit Corporation. The number of Managers shall be fixed from time to time by the Sole Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until such Manager resigns or is removed by the Sole Member at the Sole Member’s discretion. A Manager need not be a resident of the State of Arizona or a member of the Company.

Appears in 2 contracts

Samples: Operating Agreement (DT Acceptance Corp), Operating Agreement (DT Credit Company, LLC)

Number, Tenure and Qualifications. The initial Manager shall be Xxxxxxx XxxxxXxx Xxxxxxxx. The number of Managers shall be fixed from time to time by the Sole Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until such Manager resigns or is removed by the Sole Member at the Sole Member’s discretion. A Manager need not be a resident of the State of Arizona or a member of the Company.

Appears in 2 contracts

Samples: Operating Agreement (DriveTime Ohio Company, LLC), Operating Agreement (DriveTime Ohio Company, LLC)

Number, Tenure and Qualifications. The initial Manager shall be Xxxxxxx XxxxxDT Acceptance Corporation. The number of Managers shall be fixed from time to time by the Sole Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until such Manager resigns or is removed by the Sole Member at the Sole Member’s discretion. A Manager need not be a resident of the State of Arizona or a member of the Company.

Appears in 1 contract

Samples: Operating Agreement (DriveTime Ohio Company, LLC)

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Number, Tenure and Qualifications. The initial Manager Managers shall be Xxxxxxx XxxxxRxxxxxx Xxxxx and Jxx X. Xxxxxxxx. The number of Managers shall be fixed from time to time by the Sole Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until such Manager resigns or is removed by the Sole Member at the Sole Member’s discretion. A Manager need not be a resident of the State of Arizona or a member of the Company.

Appears in 1 contract

Samples: Operating Agreement (DT Credit Company, LLC)

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