Common use of Reasons for Removal; Good Cause Defined Clause in Contracts

Reasons for Removal; Good Cause Defined. The previous Manager must serve until a new Manager is hired or elected. The Class A Members hereby agree that any right of removal shall be exercised only in good faith. “

Appears in 37 contracts

Samples: Operating Agreement (Holiday Lifestyle Fund I), Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (Holiday Lifestyle Fund I)

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Reasons for Removal; Good Cause Defined. The previous Manager must serve until a new Manager is hired or elected. The Class A G and Class L Members hereby agree that any right of removal shall be exercised only in good faith. “

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Mission First Capital LLC), Limited Liability Company Agreement (Mission First Capital LLC), Limited Liability Company Agreement (Mission First Capital LLC)

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