Board of Managers. (a) Prior to the Closing Date, the Initial Managers may designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing this Agreement or signing an Investment Management Agreement, a Member admitted on the Closing Date shall be deemed to have voted for the election of each of the Managers so designated. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the Fund. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Aetos Capital Opportunities Fund, LLC), Liability Company Agreement (Aetos Distressed Investment Strategies Fund LLC), Aetos Market Neutral Strategies Fund LLC
Board of Managers. (a) Prior to the Closing Date, the Initial Managers Manager may designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing this Agreement or signing an Investment Management Agreementa subscription agreement in connection with the purchase of Units, a Member admitted on the Closing Date shall be deemed to have voted for the election of each of the Managers so designated. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the Fund. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Torrey Multi Strategy Partners LLC), Limited Liability Company Agreement (Torrey International Strategy Partners LLC), Limited Liability Company Agreement (Torrey Us Strategy Partners LLC)
Board of Managers. (a) Prior to the Closing Date, the Initial Managers Manager may designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing this Agreement or signing an Investment Management Agreementinvestor application or certification in connection with the purchase of an Interest, a Member admitted on the Closing Date shall be deemed to have voted for the election of each of the Managers so designated. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 1.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 2.4 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the Fund. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 3 contracts
Samples: Bacap Alternative Mult Strategy Fund LLC, Bacap Alternative Mult Strategy Fund LLC, Bacap Alternative Mult Strategy Fund LLC
Board of Managers. (a) Prior to the Closing Date, the Initial Managers may Organizational Member shall designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing this Agreement or signing an Investment Management Agreementinvestor application or certification in connection with the purchase of an Interest, a Member admitted on to the Closing Date Fund shall be deemed to have voted for the election of each of the Managers so designated. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the Fund. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Mezzacappa Long Short Fund LLC), Mezzacappa Multi Strategy Plus Fund LLC, Mezzacappa Multi Strategy Fund LLC
Board of Managers. (a) Prior to the Closing Date, the Initial Managers Manager may designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing this Agreement or signing a subscription agreement in connection with the purchase of an Investment Management AgreementInterest, a Member admitted on the Closing Date shall be deemed to have voted for the election of each of the Managers so designated. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the Fund. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 3 contracts
Samples: Liability Company Agreement (Torrey International Strategy Partners LLC), Torrey Multi Strategy Partners LLC, Torrey Us Strategy Partners LLC
Board of Managers. (a) Prior to the Closing Date, the Initial Managers may Organizational Member shall designate such persons who shall agree to be bound by all of the terms of this Agreement to serve as Managers on the Board of Managers, subject to the election of such persons prior to the Closing Date by the Organizational Member. By signing Each such Manager and each other Manager elected or appointed thereafter in accordance with this Agreement or signing an Investment Management Agreement, a Member admitted on the Closing Date shall be deemed to have voted for the election of each be a "manager" of the Company as contemplated by Section 402 of the Delaware Act. The Board of Managers so designatedshall have such powers and duties as provided by this Agreement. After the Closing Date, the Board of Managers may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Manager and the provisions of Section 3.3 3.4 hereof with respect to the election of Managers to the Board of Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Manager. The names and mailing addresses of the Managers shall be set forth in the books and records of the FundCompany. The number of Managers shall be fixed from time to time by the Board of Managers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ramius IDF Master Fund LLC), Limited Liability Company Agreement (Ramius IDF LLC)