Common use of Managers Clause in Contracts

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.04, the Company shall at all times have at least one Independent Manager. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC)

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Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent Manager. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Managers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (MP Environmental Funding LLC), Limited Liability Company Agreement (MP Environmental Funding LLC), Limited Liability Company Agreement (PE Environmental Funding LLC)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.

Appears in 3 contracts

Samples: Limited Liability (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC), CenterPoint Energy Transition Bond CO II, LLC

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.4, the Company shall at all times have at least one Independent Manager. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.C are hereby designated the initial Managers of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)

Managers. The Member and each Manager shall take all actions -------- necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.

Appears in 1 contract

Samples: Limited Liability (Reliant Energy Transition Bond Co LLC)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxxxxx X.

Appears in 1 contract

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

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxx X. Xxxxxx, Xxxxx X. Xxxx, Xxxxx X. Xxxxxxxxxx,)

Appears in 1 contract

Samples: Limited Liability (Pp&l Transition Bond Co Inc)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxxxxx X. Xxxxxxxxx, H.

Appears in 1 contract

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

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall not be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.ARTICLE IV OFFICERS SECTION 4.

Appears in 1 contract

Samples: Limited Liability Agreement

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxxx, R. Xxxxx Xxxxxxx, [______] (who will serve as an Independent Manager) and [______] (who will serve as an Independent Manager).

Appears in 1 contract

Samples: Pse&g Transition Funding LLC

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Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.[ ], [ ], [ ], [ ] (who will serve as an Independent Manager) and [ ] (who will serve as an Independent Manager).

Appears in 1 contract

Samples: Limited Liability Agreement (Consumers Funding LLC)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.04, the Company shall at all times have at least one the number of Independent ManagerManagers required by Section 4.04. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxxxx X. Xxxxxxxx, Xxxx X. xxx Xxxxx, Xxxxx X. Xxxxx, [_______] (who shall serve as an Independent Manager) and [_______] (who shall serve as an Independent Manager).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.04, the Company shall at all times have at least one two Independent ManagerManagers. The Managers upon the execution of this Agreement shall be those persons identified on Schedule C.Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxxx, R. Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx (who will serve as an Independent Manager) and Xxxx X. Xxxxxxxxxxxx (who will serve as an Independent Manager).

Appears in 1 contract

Samples: Pse&g Transition Funding LLC

Managers. The Member and each Manager shall take all actions necessary from time to time to ensure that at all times the number of Managers shall be not less than three nor more than five; provided, however, that pursuant to Section 4.043.4, the Company shall at all times have at least one Independent Manager. The Managers upon the execution of this Agreement shall be those persons Persons identified on Schedule C.C are hereby designated the initial Managers of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Florida Power & Light Co)

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