Common use of Appointment by the PHH Member Clause in Contracts

Appointment by the PHH Member. The PHH Member shall have the right to designate (and to remove and/or designate successive replacements for) three (3) Advisors (“PHH Advisors”). Each PHH Advisor shall have one (1) vote with respect to any matter to be voted on by the Board. The initial PHH Advisors shall be Xxxxx Xxx Xxxxx, Xxxxxxxx Xxxxxx and Xxxxxx Xxxxxx.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (PHH Corp), Limited Liability Company Operating Agreement (Realogy Corp), Limited Liability Company Operating Agreement (Realogy Corp)

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Appointment by the PHH Member. The PHH Member shall have the right to designate (and to remove and/or designate successive replacements for) three (3) Advisors (“PHH Advisors”). Each PHH Advisor shall have one (1) vote with respect to any matter to be voted on by the Board. The initial PHH Advisors shall be Xxxxx Dxxxx Xxx Xxxxx, Xxxxxxxx Mxxxxxxx Xxxxxx and Xxxxxx Rxxxxx Xxxxxx.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (PHH Corp), Limited Liability Company Operating Agreement (Cendant Corp)

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