Common use of Removal of Managers Clause in Contracts

Removal of Managers. Any or all of the Managers may be removed, but only for cause, by proper vote of the Members; provided, however, that only the Member electing a Manager may remove such Manager.

Appears in 4 contracts

Samples: Operating Agreement (Erie Shores Emergency Physicians, Inc.), Operating Agreement (Erie Shores Emergency Physicians, Inc.), Operating Agreement (Erie Shores Emergency Physicians, Inc.)

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Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper majority vote of the Members; providedMember(s), howeverand, that only any vacancy caused by any such removal may be filled by majority vote of the Member electing a Manager may remove such ManagerMember(s).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CIT Group Funding CO of Canada), Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all of the Managers entire Board may be removed, but only for with or without cause, by proper vote the Member, and any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Operating Agreement, Operating Agreement

Removal of Managers. Any Unless otherwise restricted by law, any Manager (other than the Independent Manager) or all the entire Board of Managers (other than the Independent Manager) may be removed or expelled, with or without cause, at any time by the Class A Members, and any vacancy caused by any such removal or expulsion may be filled by action of the Managers may be removed, but only for cause, by proper vote of the Class A Members; provided, however, that only the Member electing a Manager may remove such Manager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Urban One, Inc.)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all of the Managers entire Board may be removed, but only for with or without cause, at any time by proper vote of the Members; providedMember, however, that only and any vacancy caused by any such removal may be filled by the Member electing a Manager may remove such ManagerMember.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers Mangers may be removed, but only for with or without cause, by proper vote the Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pseg Energy Holdings LLC)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all of the Managers entire Board may be removed, but only for with or without cause, at any time by proper vote the Members and any vacancy caused by any such removal may (subject to Section 8) be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such Manager.

Appears in 1 contract

Samples: Purchase Agreement (Victory Acquisition Corp)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Initial Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerInitial Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pseg Energy Holdings LLC)

Removal of Managers. Any or all of the Managers may be removed, but only for cause, by proper vote of the Members; provided, however, that only the Member Member’ electing a Manager may remove such Manager.

Appears in 1 contract

Samples: Operating Agreement (Erie Shores Emergency Physicians, Inc.)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Sole Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerSole Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

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Removal of Managers. Any Unless otherwise restricted by law, any Manager ------------------- or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all of the Managers entire Board may be removedremoved or expelled, but only for with or without cause, at any time by proper vote the Members, and any vacancy caused by any such removal or expulsion may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (SG Mortgage Securities, LLC)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Member, and any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 1 contract

Samples: Operating Agreement (Avent, Inc.)

Removal of Managers. Any Unless otherwise restricted by law, any Manager or all of the Managers entire Board may be removed, but only for with or without cause, by proper vote the Members, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (GE Capital Funding, LLC)

Removal of Managers. Any Unless otherwise restricted by law, ------------------- any Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gpu Inc /Pa/)

Removal of Managers. Any Unless otherwise restricted by law, any ------------------- Manager or all the entire Board of the Managers may be removed, but only for with or without cause, by proper vote the Member, and, any vacancy caused by any such removal may be filled by action of the Members; provided, however, that only the Member electing a Manager may remove such ManagerMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gpu Inc /Pa/)

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