Common use of Designation of Directors Clause in Contracts

Designation of Directors. Prior to a Cheniere Separation Event, (a) the Class A Members shall have the right to designate three (3) Directors (the “Class A Directors”), who shall initially be [—], [—] and [—], and (b) the Class B Members shall have the right to designate one (1) Director (the “Class B Director”), who shall initially be [—]. After a Cheniere Separation Event, the Class B Members shall have the right to designate all of the Directors.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC), Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC), Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)

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Designation of Directors. Prior to a Cheniere Separation Event, (a) the Class A Members shall have the right to designate three (3) Directors (the “Class A Directors”), who shall initially be [—]Xxx X. Gentle, [—] R. Xxxxx Xxxxxx and [—]X. Xxxxx Thames, and (b) the Class B Members shall have the right to designate one (1) Director (the “Class B Director”), who shall initially be [—]Xxxxxx Xxxxx. After a Cheniere Separation Event, the Class B Members shall have the right to designate all of the Directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)

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