Classes of Managers. As permitted under the Delaware Limited Liability Company Act, as amended, the Company shall have two classes of Managers. (i.) Class 1 Managers shall consitute the Board of Managers and shall be entitled to vote at all of its meetings. The term “Class 1 Managers” shall be interchangeable with the term “Manager” as its relates to limited liability companies, in general.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)
Classes of Managers. As permitted under the Delaware Limited Liability Company Act, as amended, the Company shall have two classes of Managers.
(i.) Class 1 Managers shall consitute constitute the Board of Managers and shall be entitled to vote at all of its meetings. The term “Class 1 Managers” shall be interchangeable with the term “Manager” as its it relates to limited liability companies, in general.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)
