Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 58 contracts
Samples: Limited Liability Company Agreement (Duke Energy Progress SC Storm Funding LLC), Limited Liability Company Agreement (PG&E Recovery Funding LLC), Limited Liability Company Agreement (Duke Energy Progress SC Storm Funding LLC)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 24 contracts
Samples: Lease Agreement, Agreement and Plan of Merger (Monogram Residential Trust, Inc.), Operating Agreement (CAESARS ENTERTAINMENT Corp)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the such committee.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (Nissan Master Owner Trust Receivables)
Committees of Managers. (ai) The Managers may, by resolution passed by a majority of the Managers, Board may designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC), Limited Liability Company Agreement (Gpu Inc /Pa/)
Committees of Managers. (ai) The Managers mayBoard of Managers, by resolution passed by a majority of the Managers, may designate one or more committees, each such committee to consist of one or more of the Managers. The Managers and may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member regular members of such committee at any meeting of the committee.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (LiveWatch Security, LLC), Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)
Committees of Managers. (ai) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Central & South West Corp), Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC), Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers of the Company; provided, that the majority of the whole Board shall be required only if the committee so designated will deliberate matters that require the vote of the Independent Managers, otherwise, such resolutions may be passed by the majority of the Board other than the Independent Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (Theravance Biopharma, Inc.)
Committees of Managers. (a) 4.6.1 The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 3 contracts
Samples: Operating Agreement (Manitowoc FSG Operations, LLC), Operating Agreement (Manitowoc FSG Operations, LLC), Operating Agreement (Manitowoc FSG Operations, LLC)
Committees of Managers. (ai) The Managers mayBoard, by resolution passed by a majority of the Managerswhole Board, may designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Operating Agreement (SLM Funding LLC), Limited Liability Company Operating Agreement (SLM Funding LLC)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the ManagersBoard, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 2 contracts
Samples: Single Member Limited Liability Company Operating Agreement, Operating Agreement
Committees of Managers. (ai) The Managers mayBoard of Managers, by resolution passed by a majority of the Operating Managers, may designate one or more additional committees, each such committee to consist of one or more of the Managers. The Managers and may designate one or more Operating Managers as alternate members of any committee, who may replace any absent or disqualified member regular members of such committee at any meeting of the committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (SG Mortgage Securities, LLC), Limited Liability Company Agreement (SG Mortgage Securities, LLC)
Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the ManagersManagers (excluding each Independent Manager). The Managers may designate one or more Managers (excluding each Independent Manager) as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DTE Electric Securitization Funding II LLC), Limited Liability Company Agreement (DTE Electric Securitization Funding II LLC)
Committees of Managers. (a) The Managers may, by resolution passed by a majority of the ManagersManagers (excluding the Independent Manager), designate one or more committees, each committee to consist of one or more of the ManagersManagers (excluding the Independent Manager). The Managers may designate one or more Managers (excluding the Independent Manager) as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Evergy Missouri West Storm Funding I, LLC), Limited Liability Company Agreement (Evergy Missouri West Storm Funding I, LLC)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member Manager at any meeting of the committee.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ibm Credit LLC), Ibm Credit LLC (Ibm Credit LLC)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committeeCompany and to include the Special Manager.
Appears in 1 contract
Committees of Managers. (a) The Managers may, by resolution passed by a majority of may designate from among the Managers, designate Managers one or more committees, each committee to consist of which shall be comprised of one or more Managers, and may designate one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may may, subject to any limitations imposed by the Managers, replace any absent or disqualified member Managers at any meeting of that committee. Any such committee shall have and may exercise all of the committeeauthority of the Managers to the extent delegated by the Managers to such committee subject to the limitations on such delegation set forth in the Law.
Appears in 1 contract
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managersmembers of the Board, designate one or more committees, each committee to consist only of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)
Committees of Managers. (ai) The Board of Managers may, by resolution passed by a majority of the whole Board of Managers, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Board of Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 1 contract
Committees of Managers. (a) 10.1.1 The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers members of the management committee, as of the date hereof shall be as set forth on Exhibit A1. The Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Carrabba's/Colorado-I, Limited Partnership)
Committees of Managers. (a) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 1 contract
Samples: Operating Agreement (Avent, Inc.)
Committees of Managers. (ai) The Board of Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Partnership. The Board of Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee.
Appears in 1 contract
Samples: Limited Partnership Agreement (JMB 245 Park Avenue Associates LTD)
Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to may consist of one or more of the Managers or of individuals that are not Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified committee member at any meeting of the committee.
Appears in 1 contract
Samples: LLC Operating Agreement
