Common use of REMOVAL OF A DIRECTOR Clause in Contracts

REMOVAL OF A DIRECTOR. Any Director may be removed either by (a) the vote or written consent of at least two‑thirds (2/3) of the Directors not subject to the removal vote or (b) at a meeting, the vote of 75% of the outstanding Shares.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Fintan Alternative Fixed Income Advisory Fund, LLC), Liability Company Agreement (Fintan Alternative Fixed Income Institutional Fund, LLC), Limited Liability Company Agreement (Fintan Alternative Fixed Income Master Fund, LLC)

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REMOVAL OF A DIRECTOR. Any Director may be removed either by (a) the vote or written consent of at least two‑thirds two-thirds (2/3) of the Directors not subject to the removal vote or (b) at a meeting, the vote or written consent of 75% Members holding not less than two-thirds (2/3) of the outstanding Sharestotal number of votes eligible to be cast by all Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)

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REMOVAL OF A DIRECTOR. Any Director may be removed either by (a) the vote or written consent of at least two‑thirds (2/3) two-thirds of the Directors not subject to the removal vote or (b) at a meeting, the vote or consent of 75% Members holding not less than two-thirds of the outstanding Sharestotal number of votes eligible to be cast by all Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Advanced Equities Late Stage Opportunities Fund I LLC)

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