Common use of Nomination of Directors Clause in Contracts

Nomination of Directors. Only persons who are nominated in accordance with the procedures set forth in Section 11.11(b) shall be eligible for election as Directors of the Company, except as may be otherwise provided in any Share Designation with respect to the right of Members of any class of Shares to nominate and elect a specified number of Directors in certain circumstances.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (New Fortress Energy LLC), Limited Liability Company Agreement (New Fortress Energy LLC), Limited Liability Company Agreement (New Fortress Energy LLC)

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Nomination of Directors. Only persons who are nominated in accordance with the procedures set forth in Section 11.11(b11.11(a) shall be eligible for election as Directors of the Company, except as may be otherwise provided in (a) the applicable Issued Preferred Shares Designation with respect to the Issued Preferred Shares Nonpayment Directors or (b) any other Share Designation with respect to the right of Members of any class of Shares to nominate and elect a specified number of Directors in certain circumstances.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)

Nomination of Directors. Only persons who are nominated in accordance with the procedures set forth in Section 11.11(b11.13(b) shall be eligible for election as Directors of the Company, except as may be otherwise provided in any Share Designation with respect to the right of Members of any class or series of Shares to nominate and elect a specified number of Directors in certain circumstances.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Five Point Holdings, LLC), Limited Liability Company Agreement (Five Point Holdings, LLC)

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Nomination of Directors. Only persons who are nominated in accordance with the procedures set forth in Section 11.11(b11.11(a) shall be eligible for election as Directors of the Company, except as may be otherwise provided in (a) the Series A Preferred Share Designation with respect to the Series A Nonpayment Directors or (b) any other Share Designation with respect to the right of Members of any class of Shares to nominate and elect a specified number of Directors in certain circumstances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)

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