Diamond Manager definition
Examples of Diamond Manager in a sentence
In the event such individual ceases to be the Manager, a successor Manager or Managers shall be elected upon such event, and annually thereafter, by Members holding a majority of the Voting Units, provided, however, that the Manager or Managers shall always be a Diamond Manager.
The services to be provided by the Diamond Member in lieu of its Project Capital Contribution shall be provided from time to time by causing the Diamond Manager to perform the services required of the Manager of the Company and such obligation shall be deemed to be satisfied for as long as such services are provided; provided, however, that the value of such services shall not be credited to the Diamond Member's Capital Account.