Common use of Appointment and Removal of Manager Clause in Contracts

Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx Xxxxxxx, xx initial Manager of the Company. A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Ticketmaster Corp /Il/), Liability Company Agreement (Ticketmaster Corp /Il/), Limited Liability Company Agreement (Ticketmaster Corp /Il/)

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Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx XxxxxxxUSANi LLC, xx a Delaware limited liability company, as initial Manager of the Company. A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Ticketmaster Corp /Il/), Limited Liability Company Agreement (Ticketmaster Corp /Il/), Limited Liability Company Agreement (Ticketmaster Corp /Il/)

Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx XxxxxxxUSANi LLC, xx a Delaware limited liability company, as initial Manager of the Company. A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon the earlier of (i) such Manager's Manager"s resignation or (ii) such Manager's Manager"s removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ticketmaster Corp /Il/)

Appointment and Removal of Manager. At any time, and from time to time, the member or of members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx Xxxxxxx, xx initial Manager of the Company. A Manager (whether an initial or a successor Managermanager) shall cease to be a Manager upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ticketmaster Corp /Il/)

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Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member the Members hereby appoints appoint Melixxx Xxxxxxx, xx initial Manager of the Company. A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 1 contract

Samples: Liability Company Agreement (Ticketmaster Corp /Il/)

Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx Xxxxxxx, xx initial Manager of the Company. Company A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon Upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ticketmaster Corp /Il/)

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