Common use of Removal of Director Clause in Contracts

Removal of Director. A Director (including the Independent Director) may be removed at any time, with or without cause, upon the written election of the Sole Member.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Bec Funding LLC), Limited Liability Company Agreement (B E C Energy), Limited Liability Company Agreement (PSNH Funding LLC 2)

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Removal of Director. A Director (including the an Independent Director) may be removed at any time, with or without cause, upon the written election of the Sole Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (BEC Funding II, LLC), Limited Liability Company Agreement (BEC Funding II, LLC)

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Removal of Director. A Director (including the an Independent Director) may be removed at any time, with or without cause, upon the written election of the Sole Member; provided, however, that there shall, at all times, be at least one (1) independent director.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Northeast Utilities System)

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