Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Mru Abs Ii LLC), Limited Liability Company Operating Agreement (American Capital Strategies LTD), Limited Liability Company Operating Agreement (American Capital Strategies LTD)
Removal of Managers. Unless otherwise restricted by lawlaw and subject to Section 10, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii)
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 5 contracts
Samples: Single Member Limited Liability Company Operating Agreement, Operating Agreement, Operating Agreement
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Operating Agreement (SLM Funding LLC), Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)
Removal of Managers. Unless Subject to Section 11, unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any . Any vacancy caused by any such removal or expulsion may be filled by action of the Member. Except as provided in this Agreement, a Manager may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Theravance Inc), Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (Theravance Biopharma, Inc.)
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 1011, any vacancy caused by any such removal or expulsion may be filled by action of the Member. Except as provided in this Agreement, a Manager may not bind the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Chase Card Funding LLC), Limited Liability Company Agreement (Chase Issuance Trust)
Removal of Managers. Unless otherwise restricted by lawlaw and subject to -------------------- Section 10(b) hereof, any Manager (including an Independent Manager) or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section SECTION 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (American Capital Strategies LTD)
Removal of Managers. Unless otherwise restricted by lawlaw and subject to Section 10, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, Member and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: Lease Agreement (Terrestar Corp)
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time time, solely by the Member, Member that appointed such Manager and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the such Member.
Appears in 1 contract
Removal of Managers. Unless otherwise restricted by lawSubject to Section 10, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (WESTMORELAND COAL Co)
Removal of Managers. Unless otherwise restricted by lawlaw and subject to the provisions of Section 8(j), any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Income Mesa Del Sol, LLC)
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelledremoved, with or without cause, at any time by the Member, ; and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)
Removal of Managers. Unless otherwise restricted by law, any Manager or the entire Board of Managers may be removed or expelled, with or without cause, at any time by the MemberManaging General Partner, and, subject to Section 1021(c), any vacancy caused by any such removal or expulsion may be filled by action of the MemberManaging General Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (JMB 245 Park Avenue Associates LTD)
Removal of Managers. Unless otherwise restricted by lawlaw and subject to Section 10, any Manager or the entire Board of Managers may be removed or expelled, with or without causeCause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.
Appears in 1 contract
Samples: businesslawtoday.org
