Common use of Number; Tenure Clause in Contracts

Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Members. The Managers shall be elected at the annual meeting of Members, or a special meeting thereof, and each Manager elected shall hold office until his or her successor shall be elected and shall qualify.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC)

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Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Members. The Managers shall be elected at the annual meeting of Members, or a special meeting thereof, and each Manager elected shall hold office until his or her successor shall be elected and shall qualify.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC), Operating Agreement (CST Metro LLC)

Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Members. The Managers shall be elected at the annual meeting of Members, or a special meeting thereof, and each Manager elected shall hold office until his or her successor shall be elected and shall qualify. The Member hereby appoints Xxxxxxxx X. Xxxxxx as the initial Manager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC)

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Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Members. The Managers shall be elected at the annual meeting of Members, or a special meeting thereof, and each Manager elected shall hold office until his or her successor shall be elected and shall qualify. The initial number of Managers as designated by the Member shall be one, and the initial Manager as designated by the Member is Xxxxxxx X. Xxxxxx.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CST Metro LLC)

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