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 (PSNH Funding LLC 2), Limited Liability Company Agreement (Wmeco Funding LLC), Limited Liability Company Agreement (Cl&p Funding LLC)

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Removal of Director. A Subject to Section 6.1, a Director (including the an Independent Director) may be removed or replaced at any time, with or without cause, upon the written election of the Sole Member.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

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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