Common use of Managers; Appointment Clause in Contracts

Managers; Appointment. The Company shall be a manager-managed limited liability company. The number of Managers shall be not less than three nor more than eight, and each Manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxxx.

Appears in 4 contracts

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.), Operating Agreement (Tidewater Marine Fleet, L.L.C.), Operating Agreement (Tidewater Marine Fleet, L.L.C.)

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Managers; Appointment. The Company shall be a manager-managed limited liability company. The number of Managers shall be not less than three nor more than eight, and each Manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The initial Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxxx.

Appears in 2 contracts

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.), Operating Agreement (Tidewater Marine Fleet, L.L.C.)

Managers; Appointment. The Company shall be a manager-managed limited liability company. The number of Managers shall be not less than three nor more than eight, and each Manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The initial Managers shall be three in number and are Xxxxxxx X. XxxxxX’Xxxxxx, Xxxxx Xxxxxxx X. Xxxxxxx Xxxxxxxx and Xxxxx Xxx X. XxxxxxxxxXxxxxxx.

Appears in 1 contract

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.)

Managers; Appointment. The Company shall be a manager-managed limited liability company. company The number of Managers shall be not less than three nor more than eight, and each Manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The initial Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxxx.

Appears in 1 contract

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.)

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Managers; Appointment. The Company shall be a manager-managed limited liability company. The number of Managers shall be not less than three nor more than eight, and each Manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx Xxxxxxxxx, and Xxxxx X. XxxxxxxxxXxxxxxx.

Appears in 1 contract

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.)

Managers; Appointment. The Company shall be a manager-managed limited liability company. The number of Managers shall be not less than three nor more than eight, and each Manager manager shall be a U.S. Citizen. Within such limits, the number of Managers shall be determined from time to time by resolution adopted by the Managers. Except for the initial Managers, the Managers shall be elected by the Members. Managers may fill any vacancies by a vote of a majority of the remaining Managers although less than a quorum of Managers remain. The Members may remove Managers with or without cause. The Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxxx.

Appears in 1 contract

Samples: Operating Agreement (Tidewater Marine Fleet, L.L.C.)

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