Manager definition
Examples of Manager in a sentence
Prior to its admission to the Company as Special Member, each Person acting as an Independent Manager pursuant to this LLC Agreement shall not be a member of the Company.
No Special Member may resign from the Company or transfer its rights as Special Member unless (i) a successor Special Member has been admitted to the Company as Special Member by executing a counterpart to this LLC Agreement, and (ii) such successor has also accepted its appointment as an Independent Manager pursuant to this LLC Agreement; provided, however, a Special Member shall automatically cease to be a member of the Company upon the admission to the Company of a substitute Member.
Prior to the issuance of the Bonds, the Member shall appoint at least one Independent Manager.
During the Employment Term, the Executive shall serve as the President of the Company, reporting to the Manager of the Company.
No recourse shall be had for the payment of any amount owing in respect of any fee hereunder or any other obligation or claim arising out of or based upon this Indenture against any Manager, member, stockholder, employee, officer, director or incorporator of Interpace Funding.