Common use of Resignation Clause in Contracts

Resignation. Any Manager may resign at any time by written notice to the Board of Managers. Such resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effective.

Appears in 27 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)

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Resignation. Any A Manager may resign at any time by giving written notice to the Board of Members and the other Managers. Such resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effective.

Appears in 24 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

Resignation. Any The Manager may resign at any time by giving written notice to the Board of ManagersMembers. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified thereinMembers, and the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 15 contracts

Samples: Limited Liability Company Operating Agreement (National CineMedia, Inc.), Limited Liability Company Operating Agreement, Limited Liability Company Agreement (RE/MAX Holdings, Inc.)

Resignation. Any Manager may resign at any time by giving oral or written notice to the Board of ManagersManagers or to a Senior Officer or to the Secretary. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such the resignation shall not be necessary to make it effective.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

Resignation. Any Manager may resign at any time by giving written notice to the Board Sole Member. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice orand, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 13 contracts

Samples: Operating Agreement (Drivetime Automotive Group Inc), Operating Agreement (DriveTime Ohio Company, LLC), Operating Agreement (DriveTime Ohio Company, LLC)

Resignation. Any Manager may resign at any time by upon written notice of resignation to the Board of ManagersTrustee and the Beneficial Owner. Such Any resignation shall be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it shall be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 12 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2001-3), Trust Agreement (Mmca Auto Receivables Trust), Trust Agreement (Mmca Auto Receivables Trust)

Resignation. Any Manager may resign at any time by written upon notice of resignation to the Board of ManagersMember. Such If there are no Independent Managers after such resignation, the Member will promptly appoint another Independent Manager. Any resignation shall will be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it will be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall will not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2023-1), Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2023-2), Limited Liability Company Agreement (GM Financial Automobile Leasing Trust 2022-2)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if no time be specified then at the time be not specified, upon of its receipt thereof by the Board President or the Secretary of Managersthe Company. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement (Jefferies Financial Group Inc.), Purchase and Sale Agreement (Leucadia National Corp)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Managers; provided, that the resignation of an Independent Manager shall not be effective until a replacement Independent Manager has been appointed. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (PE Environmental Funding LLC), Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (MP Environmental Funding LLC)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of notice thereof or at the time such later date specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.)

Resignation. Any Manager manager may resign at any time by written giving notice in writing or by electronic transmission to the Board Chairman of Managers. Such the Board, the Chief Executive Officer, the President or the Secretary, and such resignation shall take effect at the time specified in such notice or, if the time be not specified, deemed to be effective upon receipt thereof by of the Board of Managersnotice or at such later time as is stated in the notice. Unless otherwise specified thereinin the notice, acceptance of such resignation the notice shall not be necessary required to make it any such resignation effective.

Appears in 9 contracts

Samples: Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.)

Resignation. Any Manager may resign at any time by upon written notice of resignation to the Board of ManagersMember. Such Any resignation shall will be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it will be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall will not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 9 contracts

Samples: Operating Agreement (MacroShares $100 Oil Down Trust), Operating Agreement (MacroShares $100 Oil Up Trust), Operating Agreement (Claymore MACROshares Oil Up Holding Trust)

Resignation. Any Manager may resign at any time by on written notice of resignation to the Board Member. Any resignation will be effective immediately unless another effective date is stated in the notice. Acceptance of Managers. Such a resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall will not be necessary to make it effective.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (CAB East LLC)

Resignation. Any A Manager may resign at any time by giving written notice to the Board of Members and the other Managers. Such resignation No formal action shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof required by the Board of Managers. Unless otherwise specified therein, acceptance of Managers or the Members to make any such resignation shall not be necessary to make it effective.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)

Resignation. Any Manager may resign at any time by giving written notice to the Board chief executive officer or the President of Managersthe Company. Such resignation shall take effect at the time specified in such notice ortherein, if the time be not specified, upon receipt thereof by the Board of Managers. Unless and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 7 contracts

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Gourmet Renee, LLC)

Resignation. Any Manager may resign at any time by giving written notice to the Board Member(s) or all of the other Managers. Such Unless a later date is specified in such written notice, a resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersdelivery. Unless otherwise specified therein, acceptance of such resignation It shall not be necessary for a resignation to make be accepted before it becomes effective.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (HTS-Sunset Harbor Partner, L.L.C.), Limited Liability Company Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.. The resignation of a Manager who also is a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member. Confidential 2017

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager shall also constitute the resignation of such Manager’s Representatives on the Management Committee. The resignation of a Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Residential Growth REIT, Inc.)

Resignation. Any A Manager of the Company may resign at any time by giving written notice to the Board Company. The resignation of Managers. Such resignation a Manager shall take effect be effective upon receipt of such notice or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it such resignation effective.

Appears in 6 contracts

Samples: Operating Agreement (Crown Castle International Corp), Operating Agreement (Bell Atlantic Corp), Operating Agreement (Crown Castle International Corp)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Managers; provided that the resignation of an Independent Manager shall not be effective until a replacement Independent Manager has been appointed. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC), Limited Liability Company Agreement (Consumers Funding LLC), Limited Liability Agreement (Consumers Funding LLC)

Resignation. Any A Manager may resign at any time by giving written notice to the Board Member. The resignation of Managers. Such resignation shall take a Manager takes effect upon receipt of such notice or at the such later time as is specified in such notice ornotice, if the time be not specifiedand, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin such notice, the acceptance of such resignation shall is not be necessary to make it effective.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Worldwide Auto Parts, Inc.), Agreement and Plan of Merger (MVP REIT II, Inc.), Agreement and Plan of Merger (MVP REIT, Inc.)

Resignation. Any Manager may resign at any time by written upon notice of resignation to the Board of ManagersMember. Such If there are fewer than two Independent Managers after such resignation, the Member will promptly appoint another Independent Manager. Any resignation shall will be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it will be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall will not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Mercedes-Benz Auto Receivables Trust 2022-1), Limited Liability Company Agreement (Daimler Trucks Retail Receivables LLC), Limited Liability Company Agreement (CAB West LLC)

Resignation. Any Manager Director or Officer of the Company may resign at any time by written giving notice to the Members of the Company in the case of a Director, and Board of ManagersDirectors in the case of an Officer. Such The resignation of any Director or Officer shall take effect upon receipt of written notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. If any Director resigns, the Members shall have the right to replace such Director. If an Officer resigns the Board of Directors shall have the right to replace such Officer.

Appears in 5 contracts

Samples: Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.)

Resignation. Any Manager may resign at any time by upon written notice of resignation to the Board of ManagersMember. Such Any resignation shall be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it shall be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Efcar, LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Managers; provided, that the resignation of an Independent Manager shall not be effective until a replacement Independent Manager (i) shall have accepted his or her appointment as an Independent Manager, and (ii) shall have executed a counterpart to this Agreement as required by Section 6.05. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC)

Resignation. Any The Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of the Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 5 contracts

Samples: Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC)

Resignation. Any Manager The Managing Member may resign at any time by written notice to the Board of Managerstime. Such Any such resignation shall be in writing and shall take effect at the time specified in such notice therein or, if no time is specified, at the time be not specified, upon of its receipt thereof by the Board of ManagersCompany. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effectiveeffective unless expressly so provided in the resignation.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

Resignation. Any Manager may resign at any time by upon written notice of resignation to the Board of ManagersMember. Such Any resignation shall is effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it will be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall is not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (Ford Credit Floorplan Corp), Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)

Resignation. Any Manager A manager may resign at any time by giving written notice to the Board of Managerslimited liability company at its principal executive office. Such The resignation shall take effect at is effective without acceptance when the time notice is given to the limited liability company, unless a later effective date is specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectivenotice.

Appears in 4 contracts

Samples: And Member Control Agreement (Aspirity Holdings LLC), And Member Control Agreement (Twin Cities Power Holdings, LLC), And Member Control Agreement (BMCT Equipment Company, L.L.C.)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Member of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the time such later date as is specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Amended and Restated Operating Agreement

Resignation. Any A Manager may resign at any time by giving written notice to the Board Company. The resignation of Managers. Such resignation the Manager shall take effect be effective upon receipt of such notice or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it such resignation effective.

Appears in 4 contracts

Samples: Limited Liability (Broadview Networks Holdings Inc), Limited Liability (Broadview Networks Holdings Inc), Limited Liability Company Operating Agreement (Broadview Networks Holdings Inc)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Sole Member, provided that the Manager may resign only after a successor Manager meeting the requirements and having similar restrictions in its certificate of Managers. Such resignation shall take effect at incorporation or other charter documents set forth in Section 5.1 has been appointed, has executed a counterpart to this Agreement and has assumed the time specified in such notice or, if duties of the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of resigning Manager and such resignation shall will not be necessary to make it effectiveresult in either a downgrade or a withdrawal of the then current ratings of the outstanding Notes.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ikon Receivables LLC), Limited Liability Company Agreement (Ikon Receivables Funding LLC), Limited Liability Company Agreement (Ikon Receivables LLC)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Managers; provided, that the resignation of the Independent Manager shall not be effective until a replacement Independent Manager (i) shall have accepted his or her appointment as the Independent Manager, and (ii) shall have executed a counterpart to this Agreement as required by Section 6.05. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO III, LLC)

Resignation. Any A Manager may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation a Manager shall take effect upon receipt of such notice or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 4 contracts

Samples: Commercialization Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp)

Resignation. Any Manager of the Company may resign at any time by giving written notice to all of the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 4 contracts

Samples: Operating Agreement, Limited Liability Company Agreement (Software Acquisition Group Inc. III), Operating Agreement

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice ortherein, or if no time is specified, at the time be not specified, upon of its receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveCompany.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (SS&C Technologies Holdings Inc), Operating Agreement (RealD Inc.), Operating Agreement (RealD Inc.)

Resignation. Any The Manager may resign from office at any time by written notice to time; provided, that such resignations shall be made in writing and shall become effective on the Board of Managers. Such resignation shall take effect at the time date specified in such notice writing or, if the time be not no date is specified, upon receipt thereof on the earliest date such writing is received by a majority of the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveMembers.

Appears in 4 contracts

Samples: Operating Agreement (River Medical Inc), Operating Agreement for Mission Care Services (River Medical Inc), Operating Agreement (River Medical Inc)

Resignation. Any Manager may resign at any time by upon written notice to the Board of ManagersManagement Committee and Polo and the Media Representative. Such resignation shall will take effect at the time specified in such the written notice or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by Polo and the Media Representative; provided, however, that acceptance of such a resignation shall will not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 3 contracts

Samples: Liability Company Agreement, Execution Copy (Polo Ralph Lauren Corp), Limited Liability Company Agreement (Valuevision International Inc)

Resignation. Any The Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if no time be specified then at the time be not specified, upon of its receipt thereof by the Board President or the Secretary or other Members of Managersthe Company. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (National Beef, Inc.), Limited Liability Company Agreement (National Beef, Inc.), Limited Liability Company Agreement (National Beef, Inc.)

Resignation. Any Manager may resign at any time by giving written notice to the Board Members without prejudice to the rights, if any, of Managersthe Company under any contract to which the Manager is a party. Such The resignation of any Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Operating Agreement (Prospect Global Resources Inc.), Operating Agreement, Services Agreement (Jagnotes Com)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager as a Manager shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of the Manager as a Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cooke Bros Holdings LTD), Operating Agreement (Cooke Bros Holdings LTD), Operating Agreement (Cott Retail Brands LTD)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Managers; provided that the resignation of the Independent Manager shall not be effective until a replacement Independent Manager has been appointed. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (Florida Power & Light Co), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)

Resignation. Any A Manager may resign at any time by giving written notice to all of the Board Members. The resignation of Managers. Such resignation a Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager shall not affect his rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Venture on Country Club, Limited Liability Company Agreement (YOBI CAPITAL FUND Corp), Limited Liability Company Agreement (YOBI CAPITAL FUND Corp)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Operating Agreement (SILC Holdings LLC), Operating Agreement (Morgan Burton D), Operating Agreement (Browsesafe Com Inc)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation the Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Operating Agreement (Sligo Partners LLC), Operating Agreement (Sligo Partners LLC), Operating Agreement (Pacific Partners LLC)

Resignation. Any A Manager may resign at any time by written notice to the Board of Managerstime. Such The resignation must be made in writing and shall take effect at the time specified in such notice the written resignation or, if a time is not specified then at the time be not specified, upon of its receipt thereof by the Board Chair or the Secretary of Managersthe Company. Unless otherwise specified therein, The acceptance of such a resignation shall is not be necessary to make it effective, unless expressly provided in the written resignation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Blackhawk Biofuels, LLC), Operating Agreement (Bootheel Agri-Energy LLC), Operating Agreement (Millennium Ethanol, LLC)

Resignation. Any Manager may resign at any time by giving written notice to the Board of ManagersManagers of the Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Bioventus Inc.), Limited Liability Company Agreement (Bioventus Inc.), Limited Liability Company Agreement (Express Parent LLC)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation the Manager shall take effect upon receipt of notice thereof or at the time such later date specified in such notice orand, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Operating Agreement (Cnu of Virginia, LLC), Operating Agreement (Cnu of Virginia, LLC), Operating Agreement (Cnu of Virginia, LLC)

Resignation. Any The Manager may resign at any time by giving written notice to the Board of ManagersMembers. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified thereinMembers, and the acceptance of such the resignation shall not be necessary to make it effective. Notwithstanding the foregoing, if a replacement Manager has not been designated pursuant to Section 4.8, such resignation shall not take effect until the appointment of the new Manager pursuant to Section 4.8.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cloud Peak Energy Inc.), Limited Liability Company Agreement (Cloud Peak Energy Inc.), Limited Liability Company Agreement (Cloud Peak Energy Inc.)

Resignation. Any Manager Management Council Member may resign at any time by giving written notice to the Board Board. The resignation of Managers. Such resignation any Management Council Member shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Contribution Agreement (Oge Energy Corp.), Contribution Agreement (Energy Transfer Partners, L.P.), Contribution Agreement (Energy Transfer Equity, L.P.)

Resignation. Any Manager may resign at any time by delivering a written notice resignation to the Board of ManagersBoard. Such resignation shall take effect be effective at the time specified date set forth in such notice orit, and if the time be not specifiedthere is none, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectivereceipt.

Appears in 3 contracts

Samples: Operating Agreement (Inland Diversified Real Estate Trust, Inc.), Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland American Real Estate Trust, Inc.)

Resignation. Any Each Manager of the Company may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation a Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board notice. The resignation of Managers. Unless otherwise specified therein, acceptance of such resignation a Manager who is also a Member shall not be necessary to make it effectiveaffect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Operating Agreement (Blue Chip Merger Subsidiary Inc), Operating Agreement (Blue Chip Merger Subsidiary Inc), Operating Agreement (Blue Chip Merger Subsidiary Inc)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company and the other Managers of the Company. Such The resignation of any Manager shall take effect upon receipt of notice thereof or at the time such later date specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: 6 Operating Agreement (Matthews International Corp), Limited Liability Company Agreement (International Assets Holding Corp), 6 Operating Agreement (Matthews International Corp)

Resignation. Any The Manager may resign at any time by giving written notice of resignation to the Board Members. The resignation of Managers. Such resignation shall take effect at the time specified in such notice ora Manager who also is a Member, if the time be not specifiedor associated with a Member, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveaffect such resigned Manager’s rights as a Member and shall not constitute a withdrawal of that Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

Resignation. Any Manager may resign at any time by written notice to the Board other Managers or, if there be no such individuals, then to each of Managersthe Members. Such resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt of notice thereof by the Board of Managers. Unless or at such later date as specified therein; and, unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Operating Agreement (FanSided Inc.), Operating Agreement (FanSided Inc.), Operating Agreement (FanSided Inc.)

Resignation. Any A Manager may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation shall take a Manager takes effect upon receipt of such notice or at the such later time as is specified in such notice ornotice, if the time be not specifiedand, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin such notice, the acceptance of such resignation shall is not be necessary to make it effective. The resignation of a Manager does not affect the Manager's rights as a Member and does not constitute a withdrawal of a Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Renal Care Group Inc), Limited Liability Company Operating Agreement (Ebank Financial Services Inc), Limited Liability Company Agreement (Renal Care Group Inc)

Resignation. Any Manager may resign at any time by upon written notice to the Board of ManagersCompany. Such Any such resignation shall take effect at the time specified in such notice therein or, if the time be not specified, upon receipt thereof by thereof, and the Board of Managers. Unless otherwise specified therein, acceptance of such resignation resignation, unless required by the terms thereof, shall not be necessary to make it such resignation effective.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (SEACOR Marine Holdings Inc.), Limited Liability Company Agreement (SEACOR Marine Holdings Inc.)

Resignation. Any Manager may resign at any time by giving written notice to each of the Board Members. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of the written notice thereof by any Member or at the such later time as may be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Blackhawk Biofuels, LLC), Agreement and Plan of Merger (Blackhawk Biofuels, LLC), Agreement and Plan of Merger (Blackhawk Biofuels, LLC)

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise is specified therein, at the time of its receipt by the remaining Manager. The acceptance of such a resignation shall not be necessary to make it effective, unless so expressly provided in the resignation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (Txu Energy Co LLC), Limited Liability Company Agreement (Txu Energy Co LLC)

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Resignation. Any The Manager may resign at any time by giving written notice to the Board of ManagersMembers. Such resignation shall take effect at the time specified expressed in the Manager’s notice of resignation, which time may not be sooner than 60 days after the date of such notice or, if notice. In no event may such resignation require the time be not specified, upon receipt thereof acceptance by the Board Members. In this event, the Members with the approval of Managers. Unless otherwise specified therein, acceptance all of such resignation shall not be necessary to make it effectivethe Members will designate a replacement Manager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Vaporin, Inc.), Limited Liability Company Agreement (Vapor Corp.)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Company. The resignation of Managers. Such resignation any Manager shall take effect at upon the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board qualification of Managersa successor Manager pursuant to Section 5.2. Unless otherwise specified thereinin such notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom LLC)

Resignation. Any A Manager may resign at any time by delivering written notice to the Board Management Board. The resignation of Managers. Such resignation a Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Such resignation shall not affect the Manager’s rights and liabilities as a Member, if applicable, except to the extent otherwise specifically provided in this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Franklin Covey Co), Operating Agreement (Franklin Covey Co)

Resignation. Any Manager may resign at any time by giving written notice to the Board of ManagersMember. Such The resignation shall will take effect at the time specified in such the notice or, if the time and need not be not specified, upon receipt thereof accepted by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not Company to be necessary to make it effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Freeport-McMoRan Oil & Gas LLC), Limited Liability Company Agreement (Freeport-McMoRan Oil & Gas LLC)

Resignation. Any Manager may resign at any time by giving ----------- written notice to the Board Members and remaining Managers without prejudice to the rights, if any, of Managersthe Company under any contract to which the Manager is a party. Such The resignation of any Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Franchise Mortgage Acceptance Co), Operating Agreement (Auto Marketing Network Inc)

Resignation. Any Manager Officer may resign at any time by giving written notice to the Board of Managers; provided that any Officer resigning from the office of “Manager” must concurrently resign as a member of the Board of Managers. Such Any resignation shall take effect at the date of receipt of that notice or any later time specified in such that notice orand, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin that notice, the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Northrop Grumman Corp /De/), Limited Liability Company Agreement (Northrop Grumman Corp /De/)

Resignation. Any Manager of the Company may resign at any time by giving prior written notice to the Board Members of Managersthe Company. Such The resignation of any Manager shall take effect upon the receipt of the notice or at the such later time as shall be specified in such notice orthe notice, if the time be not specifiedand, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute the Dissociation of such Manager as a Member.

Appears in 2 contracts

Samples: Operating Agreement (Juliana Mining Co Inc), Juliana Mining Co Inc

Resignation. Any The Manager may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation shall of the Manager will take effect upon receipt of that notice or at the such later time as will be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall will not be necessary to make it effective. The resignation of a Manager who is also a Member will not affect the Manager’s rights as a Member and will not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Performance Drilling Co LLC), Operating Agreement (Performance Drilling Co LLC)

Resignation. Any Manager A Managing Member may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation a Managing Member shall take effect upon receipt of such notice thereof or at the time such later date specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Managing Member shall not affect his rights as a Member and shall not constitute the withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Rogers International Raw Materials Fund Lp), Rogers International Raw Materials Fund Lp

Resignation. Any Manager may resign at any time by giving written notice to the Board Company. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of such notice or at the any later time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managersnotice. Unless otherwise specified thereinin such notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of the Manager who is also a Member shall not affect the Manager's right as a Member and shall not constitute a withdrawal of such Member.

Appears in 2 contracts

Samples: Operating Agreement (West Village Gym at the Archives LLC), Operating Agreement (West Village Gym at the Archives LLC)

Resignation. Any A Manager may resign at any time by giving written notice to the Board of other Managers. Such resignation shall take effect at the time specified in such notice therein or, if the no time be not is specified, then upon receipt thereof of the resignation by the Board of other Managers. Unless , and unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of such Member.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Resignation. Any Manager The Chairman of the Board and/or any officer may resign at any time by giving written notice to the Board of ManagersDirectors, or to the Chairman of the Board or to the Secretary. Such Any such resignation shall take effect at the time specified in such notice ortherein, or if the no time be not specified, then upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectivedelivery.

Appears in 2 contracts

Samples: Share Subscription Agreement, Share Subscription Agreement (Xerox Corp)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Member(s) without prejudice to the rights, if any, of Managersthe LLC under any contract to which the Manager is a party. Such The resignation shall take effect on receipt of that notice or at the such later time as shall be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of the Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Molecular Imaging Corp), Operating Agreement (Molecular Imaging Corp)

Resignation. Any Manager may resign at any time by giving written notice to the Board Owner and remaining Managers without prejudice to the rights, if any, of Managersthe Company under any contract to which such Manager is a party. Such The resignation of any Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice orthe notice, if the time be not specified, upon receipt thereof by the Board of Managers. Unless and unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NEMA Beverage Parent CORP), Limited Liability Company Agreement (NEMA Beverage Parent CORP)

Resignation. Any The Manager may resign at any time by delivering written notice to all Members. The resignation of the Board of Managers. Such resignation Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.. Such resignation shall not affect the Manager’s rights and liabilities as a Member, if applicable

Appears in 2 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC)

Resignation. Any Manager may resign at any time by giving written notice to the Board Member of Managersthe Company. Such The resignation of Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Ethos Environmental, Inc.), Operating Agreement (Ethos Environmental, Inc.)

Resignation. Any Manager Managers may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice ortherein, or if no time be specified, at the time be not specified, upon of its receipt thereof by the President, Chairman, or entire Board of Managers. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Resignation. Any Manager may resign at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice therein or, if no time be specified then at the time be not specified, upon of its receipt thereof by the Board Chairman or the Secretary of Managersthe Board. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.

Appears in 2 contracts

Samples: Operating Agreement (Gevo, Inc.), Operating Agreement

Resignation. Any The Manager may resign at any time by giving written notice to the Board Members without prejudice to the rights, if any, of Managersthe Company under any contract to which the Manager is a party. Such The resignation of the Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective. The resignation of the Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Global Resource CORP), Operating Agreement (CPC of America Inc)

Resignation. Any A Manager may resign at any time by giving written notice to the Board Member. The resignation of Managers. Such resignation shall a Manager will take effect upon receipt of notice thereof or at the such later time as will be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; unless otherwise specified therein, the acceptance of such resignation shall will not be necessary to make it effective.

Appears in 2 contracts

Samples: Operating Agreement (BuyDebtCo, LLC), Operating Agreement (BuyDebtCo, LLC)

Resignation. Any A Manager may resign at any time by giving written notice to the Board of Managersother Managers and to the Members. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified thereinother Managers and Members, and the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Operating Agreement (Crown Energy Corp), Operating Agreement (Crown Energy Corp)

Resignation. Any Manager The Managing Member may resign at any time from the role of Managing Member by giving written notice to the Board of ManagersMembers. Such The resignation shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof such later date is agreed to by the Board of Managers. Unless Members; and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation shall not affect the Managing Member’s rights as a Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating (Americas Power Partners Inc)

Resignation. Any The Manager may resign at any time by mailing or delivering written notice of his or her resignation to the Board of ManagersCompany with a copy to the Members. Such resignation shall take effect at the time specified in be effective upon delivery of such notice or, if the time be not specified, upon receipt thereof without need of acceptance by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NewGen Technologies, Inc), Limited Liability Company Agreement (NewGen Technologies, Inc)

Resignation. Any The Manager may resign at any time by giving written notice of his or her resignation to the Board of Managers. Such Class A Members, such resignation shall take effect at the time to be effective upon receipt unless a later date is specified in such the notice orand to be without prejudice to the contract rights, if the time be not specifiedany, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveany party.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Shareholders of Managersthe Company. Such The resignation of any Manager as a Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice, if the time be not specifiedand, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Shareholder shall not affect the Manager's rights as a Shareholder and shall not constitute an Event of Dissolution as to such Manager.

Appears in 2 contracts

Samples: Operating Agreement (National Boston Medical Inc), Operating Agreement (National Boston Medical Inc)

Resignation. Any Manager may resign from the position of Manager at any time by giving written notice to the Board of Managers. Such Board, and any such resignation shall take effect at the time the Board receives such notice or at any later effective time specified in such notice ornotice. Unless otherwise specified in such notice, if the time be not specified, upon receipt thereof acceptance by the Board of Managers. Unless otherwise specified therein, acceptance of such Manager’s resignation shall not be necessary to make it such resignation effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grizzly Energy, LLC), Limited Liability Company Agreement (Grizzly Energy, LLC)

Resignation. Any Subject to Section 6.2(a), any Manager may resign at any time by giving written notice to the Board of ManagersSole Member. Such resignation shall take effect at the time specified in such notice ortherein, if the time be not specified, upon receipt thereof by the Board of Managers. Unless and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Axcan Intermediate Holdings Inc.)

Resignation. Any The Manager may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of the Manager shall take effect upon receipt of notice thereof or at the time such later date specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Operating Agreement (Cornerstone Core Properties REIT, Inc.), Cornerstone Rome LTH Partners LLC Operating Agreement (Cornerstone Healthcare Plus Reit, Inc.)

Resignation. Any A Manager may resign as such at any time by written notice to the Board of Managerstime. Such resignation shall be made in writing and shall take effect at the time specified in such notice ortherein, or if no time be specified, at the time be not specified, upon of its receipt thereof by the Board of ManagersCompany. Unless otherwise specified therein, The acceptance of such a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. A Manager shall remain in office until his death or resignation. In the event of death or resignation of a Manager, the vacancy created thereby shall be filled in accordance with Section 5.2(a).

Appears in 2 contracts

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

Resignation. Any A Manager may resign at any time by giving written notice to the Board of Managers, provided however that at no time shall there be less than one Manager. Such The resignation of a Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (STR Holdings (New) LLC), Limited Liability Company Agreement (STR Holdings (New) LLC)

Resignation. Any Manager The Managing Member of the Company may resign at any time by giving written notice to the Board Members of Managersthe Company. Such The resignation of the Managing Member shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless notice; unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of the Managing Member will not affect the Managing Member's Interest in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Aspen Mortgage Income Fund II, LLC), Operating Agreement (Aspen Mortgage Income Fund II, LLC)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Company. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of Notice thereof or at the time such later date specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal of a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Household Direct Com Inc), Limited Liability Company Agreement (Household Direct Com Inc)

Resignation. Any A Manager may resign at any time by giving prior written notice to both of the Board of Managers. Such resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, acceptance of such resignation shall not be necessary to make it effectiveMembers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Resignation. Any Manager may resign at any time by giving written notice to the Board Members. The resignation of Managers. Such resignation any Manager shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice ornotice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. The resignation of a Manager who is also a Member shall not affect the Manager's rights as a Member and shall not constitute a withdrawal as a Member.

Appears in 2 contracts

Samples: Operating Agreement (California Clean Air Inc), Operating Agreement (California Clean Air Inc)

Resignation. Any The Manager of the Company may resign at any time as a Manager by written giving notice of such resignation to the Board of ManagersCompany. Such Any such resignation shall take effect at the time specified in such notice therein or, if the no time be not specified, upon receipt thereof by the Board of Managersthen when notice is given. Unless otherwise specified therein, The acceptance of such resignation by the Company shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Operating Agreement (Western Wisconsin Sand Company, LLC), Operating Agreement (Western Wisconsin Sand Company, LLC)

Resignation. Any The Manager may resign at any time by giving written notice to the Board of ManagersMembers. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified thereinMembers, and the acceptance of such the resignation shall not be necessary to make it effective.. Section 6.04

Appears in 2 contracts

Samples: Joinder Agreement (Neff Corp), Limited Liability Company Agreement (Neff Corp)

Resignation. Any Manager of the Company may resign at any time by giving written notice to the Board Member of Managersthe Company. Such The resignation of any Manager shall take effect upon receipt of that notice or at the such later time as shall be specified in such notice orthe notice; and, if the time be not specified, upon receipt thereof by the Board of Managers. Unless unless otherwise specified thereinin the notice, the acceptance of such the resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Operating Agreement (Horsburgh & Scott Co), Operating Agreement (Horsburgh & Scott Co)

Resignation. Any Manager may be removed at any time with or without cause by the Member who appointed such Manager. Any Manager may resign at any time by giving written notice to the Board of ManagersMembers. Such Unless otherwise specified in the notice, the resignation shall take effect at the time specified in such notice or, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified thereinMembers, and the acceptance of such the resignation shall not be necessary to make it effective. Upon the resignation, retirement, death or removal of any Manager, the Member who appointed such Manager will nominate and appoint a replacement Manager.

Appears in 2 contracts

Samples: Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc)

Resignation. Any Manager may resign at any time by written upon notice of resignation to the Board of ManagersMember. Such If there are fewer than 2 Independent Managers after such resignation, the Member will promptly appoint another Independent Manager. Any resignation shall will be effective immediately unless a date certain is specified for it to take effect at the time specified effect, in which event it will be effective upon such notice ordate, if the time be not specified, upon receipt thereof by the Board of Managers. Unless otherwise specified therein, and acceptance of such any resignation shall will not be necessary to make it effective, irrespective of whether the resignation is tendered subject to such acceptance.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAB West LLC), Limited Liability Company Agreement (CAB West LLC)

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