Executive and Other Committees. The Board may designate an executive committee, and such other committees as may be necessary from time to time, each consisting of two or more Managers and with such powers as it may designate, consistent with this Agreement and the Act. Such committees shall hold office at the pleasure of the Board.
Appears in 46 contracts
Samples: Limited Liability Company Agreement (Honda Auto Receivables 2013-1 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2014-1 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2012-3 Owner Trust)
Executive and Other Committees. The Board may designate an executive committee, and such other committees as may be necessary from time to time, each consisting of two or more Managers members and with such powers as it may designate, consistent with this Agreement and the Act. Such committees shall hold office at the pleasure of the Board.
Appears in 18 contracts
Samples: Limited Liability Company Agreement (Nissan-Infiniti Lt LLC), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan-Infiniti Lt)
