Appointment of a Manager. To the fullest extent permitted by law, management of the Fund shall be vested in a “manager” (the “Manager”), who may but need not be a Member. Ridgewood Energy Corporation is hereby appointed as the Manager effective as of the Effective Date and until Ridgewood Energy Corporation shall resign, be removed, or otherwise ceases to be the Manager. Whenever the Manager is a Member, the Manager may be referred to as the “Managing Member”.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy Y Fund LLC)
