Common use of Removal of Board Members Clause in Contracts

Removal of Board Members. Unless otherwise restricted by law, any Board Member may be removed or expelled, with or without cause, at any time by the Member that elected, designated or appointed such Board Member, and any vacancy caused by any such removal or expulsion may be filled solely by action of such Member.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Carlyle Secured Lending, Inc.), Limited Liability Company Agreement (TCG Bdc, Inc.), Limited Liability Company Agreement

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Removal of Board Members. (a) Unless otherwise restricted by law, any Non-Independent Board Member may be removed or expelled, with or without cause, at any time by the Member that elected, designated or appointed such Non-Independent Board Member, and any vacancy caused by any such removal or expulsion may be filled solely by action an officer or employee of such Member, with the approval of the other Member (which approval shall not be unreasonably withheld).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (New Mountain Finance Corp), Limited Liability Company Agreement (New Mountain Finance Corp)

Removal of Board Members. Unless otherwise restricted by law, any Board Member may be removed or expelled, with or without cause, at any time by the Member that elected, designated or appointed such Board Member, and any vacancy caused by any such removal or expulsion may be filled solely by action of such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Goldman Sachs BDC, Inc.)

Removal of Board Members. Unless otherwise restricted by law, any Board Member may be removed or expelled, with or without cause, at any time by the Member that elected, designated or appointed such Board Member, and any vacancy caused by any such removal or expulsion may be filled solely by action solely of such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CION Investment Corp)

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Removal of Board Members. Unless otherwise restricted by law, any Any member of the Board Member may be removed or expelledat any time, with or without cause, at any time by the Member that elected, designated or appointed entitled to designate such Board Member, and any vacancy caused by any such removal or expulsion may be filled solely by action of such Membermember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commodore Applied Technologies Inc)

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