Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be less than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (MP Environmental Funding LLC), Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (PE Environmental Funding LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.044.04, the Company shall at all times have at least two one Independent Managers.Manager. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.044.04, the Company shall at all times have at least two Independent Managers.. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.
Appears in 3 contracts
Samples: Limited Liability (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC), CenterPoint Energy Transition Bond CO II, LLC
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.043.4, the Company shall at all times have at least two one Independent ManagersManager. The persons identified on Schedule C are hereby designated the initial Managers of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be less than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers.. The Managers upon the execution of this Agreement shall be Xxxxxxx X. Xxxxxxxxx, H.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers.. The Managers upon the execution of this Agreement shall be Xxxx X. Xxxxxx, Xxxxx X. Xxxx, Xxxxx X. Xxxxxxxxxx,)
Appears in 1 contract
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. The Managers upon the execution of this Agreement shall be Xxxxxx X. Xxxxxxxx, Xxxx X. xxx Xxxxx, Xxxxx X. Xxxxx, [_______] (who shall serve as an Independent Manager) and [_______] (who shall serve as an Independent Manager).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. The Managers upon the execution of this Agreement shall be Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxxx, R. Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx (who will serve as an Independent Manager) and Xxxx X. Xxxxxxxxxxxx (who will serve as an Independent Manager).
Appears in 1 contract
Samples: Pse&g Transition Funding LLC
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.043.4, the Company shall at all times have at least two one Independent ManagersManager. The Persons identified on Schedule C are hereby designated the initial Managers of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Florida Power & Light Co)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two the number of Independent Managers.Managers required by Section 4.04. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. The Managers upon the execution of this Agreement shall be [ ], [ ], [ ], [ ] (who will serve as an Independent Manager) and [ ] (who will serve as an Independent Manager).
Appears in 1 contract
Samples: Limited Liability Agreement (Consumers Funding LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be less than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers.. The Managers upon the execution of this Agreement shall be Xxxxxxx X.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be less than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. ARTICLE IV OFFICERS SECTION 4.
Appears in 1 contract
Samples: Limited Liability Agreement
Managers. The Member and each Manager shall take all actions -------- necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.044.04, the Company shall at all times have at least two Independent Managers.. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.
Appears in 1 contract
Samples: Limited Liability (Reliant Energy Transition Bond Co LLC)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. The Managers upon the execution of this Agreement shall be __________, _________, __________, __________ (who will serve as an Independent Manager) and __________ (who will serve as an Independent Manager).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc)
Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not be less than three nor more than five; provided, however, that pursuant to Section 3.04, the Company shall at all times have at least two Independent Managers. The Managers upon the execution of this Agreement shall be Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxxx, R. Xxxxx Xxxxxxx, [______] (who will serve as an Independent Manager) and [______] (who will serve as an Independent Manager).
Appears in 1 contract
Samples: Pse&g Transition Funding LLC
