Common use of Removal and Election of Manager Clause in Contracts

Removal and Election of Manager. (a) The Manager shall not have a right to resign unless and until a successor manager is elected or appointed as specified under this Section 6.4 and assumes the obligations of the Manager under this Agreement. If the Manager so resigns, the resigning Manager shall reasonably cooperate with the Members and the replacement Manager to effect an orderly transition of responsibilities and duties to the replacement Manager. Such replacement Manager shall be elected by a majority vote of the Class B Members, subject to subparagraph (b) below.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Clearway Energy LLC), Limited Liability Company Agreement (Clearway Energy, Inc.), Limited Liability Company Agreement (NRG Yield, Inc.)

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Removal and Election of Manager. (a) The i)The Manager shall not have a right to resign unless and until a successor manager is elected or appointed as specified under this Section 6.4 6.3 and assumes the obligations of the Manager under this Agreement. If the Manager so resigns, the resigning Manager shall reasonably cooperate with the Members and the replacement Manager to effect an orderly transition of responsibilities and duties to the replacement Manager. Such replacement Manager shall be elected by a majority vote of the Class B Members, subject to subparagraph (b) below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Clearway Energy LLC), Limited Liability Company Agreement (Clearway Energy, Inc.)

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Removal and Election of Manager. (a) The Manager shall not have a right to resign unless and until a successor manager is elected or appointed as specified under this Section 6.4 6.3 and assumes the obligations of the Manager under this Agreement. If the Manager so resigns, the resigning Manager shall reasonably cooperate with the Members and the replacement Manager to effect an orderly transition of responsibilities and duties to the replacement Manager. Such replacement Manager shall be elected by a majority vote of the Class B Members, subject to subparagraph (b) below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Clearway Energy, Inc.)

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