Common use of Number, Tenure and Qualifications Clause in Contracts

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

Appears in 48 contracts

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

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Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership percentage ownership of the Company.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Lawton Surgery Investment Company, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Operating Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

Appears in 11 contracts

Samples: Operating Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership percentage ownership of the Company.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1l) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Marietta Surgical Center, Inc.), Limited Liability Company Agreement (Marietta Surgical Center, Inc.), Limited Liability Company Agreement (Marietta Surgical Center, Inc.)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Operating Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership percentage ownership of the Company.

Appears in 4 contracts

Samples: Operating Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC)

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Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), ) but may be increased by amendment of this LLC Operating Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

Appears in 1 contract

Samples: Operating Agreement (NPMC Holdings, LLC)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less than one (1) nor more than ten (10), ) but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership percentage ownership of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC)

Number, Tenure and Qualifications. The number of managers of the Company shall be not less leas than one (1) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership percentage ownership of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC)

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