Common use of Elected Officers Clause in Contracts

Elected Officers. The officers of the Company shall be elected by the Board. There shall be a president, one or more vice presidents, a secretary, one or more assistant secretaries, a general counsel and a chief tax officer. The Board may also elect persons to hold such other offices as the Board shall determine, including one or more executive vice presidents and group vice presidents. The president shall have the powers, authority and responsibilities provided by this Agreement. The officers, other than the president, shall each have, in addition to the powers, authority and responsibilities of those officers otherwise provided herein (if so provided), such powers, authority and responsibilities as the Board or the president may determine. A person may hold any number of offices. Elected officers shall hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers of the Company are set forth in Exhibit B hereto.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ally Wholesale Enterprises LLC), Limited Liability Company Agreement (Ally Auto Assets LLC)

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Elected Officers. The officers of the Company shall be elected by the Board. There shall be a president, one or more vice presidents, president and a secretary, one or more assistant secretaries, a general counsel and a chief tax officer. The Board may also elect persons to hold such other offices as the Board shall determine, including one or more vice presidents, one or more assistant secretaries, a general counsel and one or more executive vice presidents and or group vice presidents. The president shall have the powers, authority and responsibilities provided by this Agreement. The officers, other than the president, shall each have, in addition to the powers, authority and responsibilities of those officers otherwise provided herein (if so provided), such powers, authority and responsibilities as the Board or the president may determine. A person may hold any number of offices. Elected officers shall hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers of the Company are set forth in Exhibit B hereto.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (John Deere Receivables LLC), Limited Liability Company Agreement (John Deere Receivables LLC)

Elected Officers. The officers of the Company shall be elected by the Board. There shall be a president, one or more vice presidents, a secretary, one or more assistant secretaries, a general counsel and a chief tax officer. The Board may also elect persons to hold such other offices as the Board shall determine, including one or more executive vice presidents and group vice presidents. The president shall have the powers, authority and responsibilities provided by this Agreement. The officers, other than the president, shall each have, in addition to the powers, authority and responsibilities of those officers otherwise provided herein (if so provided)herein, such powers, authority and responsibilities as the Board or the president may determine. A person may hold any number of offices. Elected officers shall hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers of the Company are set forth in Exhibit B hereto.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Capital Auto Receivables LLC), Limited Liability Company Agreement (Wholesale Auto Receivables LLC)

Elected Officers. The Board will elect as officers of the Company shall be elected by Company: a Chairman of the Board. There shall be a president, one or more vice presidents, a secretary, one or more assistant secretariesPresident, a general counsel Secretary and a chief tax officerTreasurer. The Board may also elect persons to hold such other offices as the Board shall determinedetermines, including one or more executive vice presidents GMAC LLC presidents, group vice president and group vice presidents. The president shall have Except as otherwise provided in this Agreement, the President has the powers, authority authority, and responsibilities provided by in this Agreement. The Article V and the officers, other than the presidentPresident, shall each have, in addition to the powers, authority and responsibilities of those officers otherwise provided herein (if so provided)herein, such powers, authority and responsibilities as the Board or the president President may determine. A person may hold any number of offices. Elected officers shall will hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers initial officers of the Company are set forth in Exhibit B C hereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gmac LLC)

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Elected Officers. The Board will elect as officers of the Company shall be elected by Company: a Chairman of the Board. There shall be a president, one or more vice presidents, a secretary, one or more assistant secretaries, a general counsel President and a chief tax officerSecretary. The Board may also elect persons to hold such other offices as the Board shall determinedetermines, including one or more executive vice presidents and group vice presidents. The president shall have Except as otherwise provided in this Agreement, the President has the powers, authority authority, and responsibilities provided by in this Agreement. The Article V and the officers, other than the presidentPresident, shall each have, in addition to the powers, authority and responsibilities of those officers otherwise provided herein (if so provided)herein, such powers, authority and responsibilities as the Board or the president President may determine. A person may hold any number of offices. Elected officers shall will hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers officers of the Company as of the date hereof are set forth in Exhibit B hereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Residential Capital, LLC)

Elected Officers. The officers Officers of the Company shall be elected by the Board. There shall be a president, one or more vice presidents, president and a secretary, one or more assistant secretaries, a general counsel and a chief tax officer. The Board may also elect persons to hold such other offices as the Board shall determine, including one or more vice presidents, one or more assistant secretaries, a general counsel and one or more executive vice presidents and or group vice presidents. The president shall have the powers, authority and responsibilities provided by this Agreement. The officersOfficers, other than the president, shall each have, in addition to the powers, authority and responsibilities of those officers Officers otherwise provided herein (if so provided), such powers, authority and responsibilities as the Board or the president may determine. A person may hold any number of offices. Elected officers Officers shall hold their offices at the pleasure of the Board, or until their earlier resignation. The Officers of the Company are set forth in Exhibit B hereto.

Appears in 1 contract

Samples: Carvana Receivables Depositor LLC

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