Common use of Removal of Directors; Vacancies Clause in Contracts

Removal of Directors; Vacancies. The Member may at any time remove any Director appointed pursuant to Section 7(b)(1) with or without cause. In the event a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by the Member.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.), Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.), Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.)

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Removal of Directors; Vacancies. The Member may at any time remove any Director appointed pursuant to Section 7(b)(17(b) with or without cause. In the event that a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by a majority of the remaining Directors, or if there is no remaining Director, by the Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC)

Removal of Directors; Vacancies. The Member Members may at any time remove any Director appointed pursuant to Section 7(b)(17(b) with or without cause. In the event that a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by a majority of the Memberremaining Directors, or if there is no remaining Director, by the Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Verso Androscoggin LLC)

Removal of Directors; Vacancies. The Member Any Director or the entire Board of Directors may at any time remove any Director appointed pursuant to Section 7(b)(1) be removed, with or without cause. In , at any time by the event a Member, and any vacancy occurs on caused by any such removal or by the Board as a result of the retirement, removal, death or resignation or death of a Director, such vacancy shall Director may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Intertape Woven Products Services S.A. De C.V.)

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Removal of Directors; Vacancies. The (a) A Member may at any time remove any Director Manager appointed by such Member pursuant to Section 7(b)(1) 5.02, with or without cause. In the event a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by the Member.

Appears in 1 contract

Samples: Operating Agreement (Digital Cinema Destinations Corp.)

Removal of Directors; Vacancies. The Member Members may at any time remove any Director appointed pursuant to Section 7(b)(1) with or without cause. In the event a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by the MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.)

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