Series Manager definition

Series Manager means those Member(s) and/or other persons who are appointed in accordance with this Agreement to exercise the authority of Manager under this Agreement and the Act with respect to a Series, and are admitted by the existing LLC Managers as additional or replacement Series Managers in accordance with the Agreement and are listed on Exhibit C hereto as Series Managers. One or more Series Managers will be designated in a Separate Series Agreement for each Series. Each Series shall have two managers, one of which will at all times be a HSB Series Manager and the other of which will at all times be a WG Series Manager. Employees of HomeStreet Bank, HSB/WMS and the Company may not be WG Series

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Series Manager means, with respect to a given Series, the Manager of such Series.

Series Manager means, with respect to each Series, the manager or managers (within the meaning of the Delaware Act) of that Series, as appointed from time to time by the Manager. For the sake of clarity, the Manager may be a Series Manager for one or more Series. The Manager may, in its sole discretion, appoint, terminate, and replace any Series Manager at any time and for any reason without the vote of any Members or other Series Managers.

Examples of Series Manager in a sentence

• The Series shall reimburse the Series Manager for all direct out-of-pocket expenses incurred by the Series Manager in managing the Series.

• The Selling Member shall deliver all appropriate documents of transfer for approval by the Series Manager at least three (3) days prior to the closing of such sale for its review and approval.

• The Series, for accounting and income tax purposes, shall operate on a Fiscal Year ending December 31 of each year, and shall make such income tax elections and use such methods of depreciation as shall be determined by the Series Manager.

• The “Sourcing Fee” is a fee paid to the Series Manager as compensation for performing due diligence and purchasing a Series Underlying Asset(s) on behalf of the Series.

• The dissolution may only be ordered by the Series Manager or the Founder, not by an owner of Series Membership Interests or by any other member of the Company.

• The Series Manager shall not be subject to any liability to the Members for any act or omission, the effect of which may cause or result in loss or damage to the Series or the Members if done in good faith to promote the best interests of the Series.

• The Series Manager may dissolve the Series at any time once the Series Underlying Asset(s) has been sold.

• The liability of the Series Manager shall be limited as provided pursuant to applicable law.

• Further, any Members or Affiliates of the Series Manager who incur out-of-pocket expenses on behalf of the Series will be reimbursed.

• Members will be entitled to priority returns on their investment and a return of their Capital Contributions before the Series Manager.

More Definitions of Series Manager

Series Manager or “Manager Associated with a Series”‌ “Series Manager” or “Manager Associated with a Series” shall mean CAPITAL ADVANTAGE MANAGEMENT, LLC, who is the manager of the Company and of all Series of the Company or a Manager Associated with a Series selected and appointed by CAPITAL ADVANTAGE MANAGEMENT, LLC to serve, either independently or jointly with other managers, including CAPITAL ADVANTAGE MANAGEMENT, LLC as the Manager of a Series.

Series Manager and “Series Manager(s)” have the meanings set forth in Section 2.01(a).

Series Manager means HTX Tech Labs LLC, unless the Manager designates a different Series Manager. Any such Series Manager’s responsibilities as a Manager of a specific Series shall be distinct and separate from its responsibilities as the Manager for any other Series herein and is further distinct and separate from its responsibilities as a Manager of the Company, if applicable.

Series Manager means Sasfin and its successors-in-title or such other person as may be appointed as Series Manager in terms of the Series Manager Agreement;