Common use of Compensation of Managers; Expenses Clause in Contracts

Compensation of Managers; Expenses. The Managers shall not be compensated for their services hereunder. No Manager is precluded from serving the Company in any other capacity and receiving compensation therefor.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC)

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Compensation of Managers; Expenses. The Managers shall not ---------------------------------- be compensated for their services hereunder. No Manager is precluded from serving the Company in any other capacity and receiving compensation therefor.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gpu Inc /Pa/)

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Compensation of Managers; Expenses. The Managers shall not be ---------------------------------- compensated for their services hereunder. No Manager is precluded from serving the Company in any other capacity and receiving compensation therefor.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC)

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