Election of Officers. Subject to the applicable provisions of the Gaming Laws, the Member in its sole discretion may, from time to time, appoint any individuals as officers of the Company with such duties, authorities, responsibilities and titles as the Member may deem appropriate. Such officers shall serve until their successors are duly appointed by the Member or until their earlier removal or resignation. Any officer appointed by the Member may be removed at any time by the Member and any vacancy in any office shall be filled by the Member. If any person elected to serve as an officer is found to be an Unsuitable Person, the Member shall immediately remove such person as an officer and such person shall thereupon automatically cease to be an officer.
Appears in 18 contracts
Samples: Operating Agreement (Areh MLK LLC), Limited Liability Company Agreement (Ace Gaming LLC), Limited Liability Company Agreement (Ace Gaming LLC)
Election of Officers. Subject to the applicable provisions of the Gaming Laws, the Member in its sole discretion may, from time to time, appoint any individuals as officers of the Company with such duties, authorities, responsibilities and titles as the Member may deem appropriate. Such officers shall serve until their successors are duly appointed by the Member or until their earlier removal or resignation. Any officer appointed by the Member may be removed at any time by the Member and any vacancy in any office shall be filled by the Member. If any person elected to serve as an officer is found to be an Unsuitable Person, the Member shall immediately remove such person as an officer and such person shall thereupon automatically cease to be an officer.
Appears in 8 contracts
Samples: Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Pinnacle Entertainment Inc), Operating Agreement (Pinnacle Entertainment Inc)
Election of Officers. Subject to the applicable provisions of the Gaming Laws, the Member in its sole discretion may, from time to time, appoint any individuals as officers of the Company with such duties, authorities, responsibilities and titles as the Member may deem appropriate. Such officers shall serve until their successors are duly appointed by the Member or until their earlier removal or resignation. Any officer appointed by the Member may be removed at any time by the Member and any vacancy in any office shall be filled by the Member. If any person elected to serve as an officer is found to be an Unsuitable Person, the Member shall immediately remove such person as an officer and such person shall thereupon automatically cease to be an officer.
Appears in 3 contracts
Samples: Operating Agreement (Harrah's Atlantic City Operating Company, LLC), Operating Agreement (New Gaming Capital Partnership), Operating Agreement (New Gaming Capital Partnership)
Election of Officers. Subject to the applicable provisions of the Gaming Laws, the Member Manager in his, her, or its sole discretion may, from time to time, appoint any individuals as officers of the Company with such duties, authorities, responsibilities and titles as the Member may deem Manager deems appropriate. Such The officers shall will serve until their successors are duly appointed by the Member Manager or until their earlier removal or resignation. Any officer appointed by the Member Manager may be removed at any time by the Member Manager, and any vacancy in any office shall may be filled by the MemberManager. If any person Person elected to serve as an officer is found to be an Unsuitable Person, the Member Manager shall immediately remove such person that Person as an officer and such person that officer shall thereupon automatically cease to be an officer.
Appears in 2 contracts
Samples: Operating Agreement (Majestic Star Casino LLC), Operating Agreement (Majestic Investor Capital Corp)
Election of Officers. Subject to the applicable provisions of the Gaming Laws, the Member in its sole discretion may, from time to time, appoint any individuals as officers of the Company with such duties, authorities, responsibilities and titles as the Member may deem appropriate. The officers of the Company shall be the persons listed on Schedule II. Such officers shall serve until their successors are duly appointed by the Member or until their earlier removal or resignation. Any officer appointed by the Member may be removed at any time by the Member and any vacancy vacany in any office shall be filled by the Member. If Member of any person elected to serve as an officer is found to be an Unsuitable Person, the Member shall immediately remove such person as an officer and such person shall thereupon automatically cease to be an officer.
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