Removal of a Manager. Any Manager may be removed either by (a) the vote or written consent of at least two-thirds (2/3) of the Managers not subject to the removal vote or (b) the vote or written consent of Members holding not less than two-thirds (2/3) of the total number of votes eligible to be cast by all Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Man FRM Alternative Multi-Strategy Fund LLC), LLC Agreement (Old Mutual Absolute Return Institutional Fund, LLC), LLC Agreement (Old Mutual Emerging Managers Fund, L.L.C.)
Removal of a Manager. Any A Manager may be removed either at any time with or without cause by (a) the vote or written consent of at least two-thirds (2/3) of the Managers not subject to the removal vote or (b) the vote or written consent of Members holding not less more than two-thirds (2/3) of the total number of votes eligible to be cast by all Membersoutstanding Units.
Appears in 3 contracts
Samples: Operating Agreement (Bionumerik Pharmaceuticals Inc), Operating Agreement (Bionumerik Pharmaceuticals Inc), Operating Agreement (Bionumerik Pharmaceuticals Inc)
