Advisory Manager definition

Advisory Manager means either ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, which Advisory Manager will have the right to attend each meeting of the Board of Managers (other than any executive session of the Board of Managers as described below), but will have no voting rights at any such meeting. The Advisory Manager shall also have the right to receive all information provided to the Board of Managers (except any information provided for purposes of any executive session referred to above).
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Advisory Manager. Each Advisory Manager shall serve, subject to the pleasure of the Board, until the earlier of his resignation, the term set forth by the Board for such service or until the next succeeding annual meeting of the Board, following the annual meeting of the Members, at which such regular Managers are elected. Each Advisory Manager shall be notified of all regular or special meetings of the Board, shall be entitled to attend and participate therein, but shall not be entitled to vote. Each Advisory Manager shall be entitled to fees for serving as an Advisory Manager, as determined by Approval of a Supermajority of the Board. Each Advisory Manager shall also be reimbursed for any necessary expenses of attending Board meetings. The initial Advisory Managers shall be ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇, and they shall receive fees and Class C Units consistent with those received by them prior to the date hereof, or as otherwise determined by a Supermajority of the Board.
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Advisory Manager has the meaning set forth in Section 5.15(a).
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Examples of Advisory Manager in a sentence

  • Each Advisory Manager shall be entitled to fees for serving as an Advisory Manager, as determined by Approval of a Supermajority of the Board.

  • A KELP Advisory Manager may be removed at any time, for any reason or for no reason, by the KELP in its sole discretion.

  • The Advisory Manager shall not have a vote on any matter before the Managers of the General Partner and shall not have any fiduciary duty to the Partnership or its partners.

  • Each Advisory Manager shall also be reimbursed for any necessary expenses of attending Board meetings.

  • In addition, the Advisory Manager shall have the right to call meetings of the Managers of the General Partner and add agenda items to any such meeting of the Managers.

  • Irrespective of the foregoing, the Subscriber and the Company may enter into a separate agreement for each of Subscriber’s purchase in the general offering and the voucher program, as such terms are defined in the Offering Circular, as applicable.

  • At such time that a KELP Advisory Manager shall cease to be an employee of the Company for any reason, such KELP Advisory Manager shall automatically cease to be a KELP Advisory Manager without any further action required to be taken.

  • Each Advisory Manager shall serve, subject to the pleasure of the Board, until the earlier of his resignation, the term set forth by the Board for such service or until the next succeeding annual meeting of the Board, following the annual meeting of the Members, at which such regular Managers are elected.

  • Each Advisory Manager shall be notified of all regular or special meetings of the Board, shall be entitled to attend and participate therein, but shall not be entitled to vote.

  • Each KELP Advisory Manager shall serve until such KELP Advisory Manager resigns, is automatically removed or is removed by the KELP.

Related to Advisory Manager

  • Manager has the meaning set forth in 2.1.

  • Advisor or “ADVISORS” means the Person or Persons, if any, appointed, employed or contracted with by the Company pursuant to Section 8.1 hereof and responsible for directing or performing the day-to-day business affairs of the Company, including any Person to whom the Advisor subcontracts all or substantially all of such functions.

  • Asset Manager has the meaning set forth in the preamble.

  • Advisory Group has the meaning set forth in Section 12.4.

  • Adviser means a party furnishing services to the Trust pursuant to any contract described in Article IV, Section 7(a) hereof;