Common use of Size of Board Clause in Contracts

Size of Board. The Board of Managers will have not less than three nor more than five Managers. The number may be increased or reduced by amendment of this Agreement. The Board of Managers will have five individuals, two of which will be Independent Managers. As of the date of this Agreement, the Board of Managers consists of the following Managers: Xxxxxx X. Xxxxx Xxxx X. Carnarvon Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxx, as Independent Manager Xxxxxxx X. Xxxxxx, as Independent Manager

Appears in 4 contracts

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

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Size of Board. The Board of Managers will have not less than three nor more than five Managers. The number may be increased or reduced by amendment of this Agreement. The Board of Managers will have five individuals, two of which will be Independent Managers. As of the date of this Agreement, the Board of Managers consists of the following Managers: Xxxxxx Xxxxx X. Xxxxx Xxxx Xxxx X. Carnarvon Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxx, as Independent Manager Xxxxxxx X. Xxxxxx, as Independent Manager

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAB East LLC), Limited Liability Company Agreement (Ford Credit Floorplan LLC)

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Size of Board. The Board of Managers will have not less than three nor more than five Managers. The number may be increased or reduced by amendment of this Agreement. The Board of Managers will have five individuals, two of which will be Independent Managers. As of the date of this Agreement, the Board of Managers consists of the following Managers: Xxxxxx X. Xxxxx Xxxx Xxxx Xxxx X. Carnarvon Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxx, as Independent Manager Xxxxxxx X. Xxxxxx, as Independent Manager

Appears in 1 contract

Samples: Limited Liability Company Agreement (CAB East LLC)

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