Common use of Removal of Directors Clause in Contracts

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 104 contracts

Samples: Limited Liability Company Agreement (Santander Drive Auto Receivables LLC), Limited Liability Company Agreement (Hyundai Abs Funding LLC), Limited Liability Company Agreement (Porsche Auto Funding LLC)

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Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 58 contracts

Samples: Operating Agreement (Pinnacle Towers III LLC), Limited Liability Company Agreement (Endurance International Group, Inc.), Limited Liability Company Agreement (Pinnacle Towers III LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Economic Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Economic Member.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables LLC)

Removal of Directors. Unless otherwise restricted by law, any Director Any director or the entire Board of Directors directors may be removed or expelledremoved, either with or without cause, at any time time, by the Member, and, subject to Section 10, and any vacancy in the Board of Directors caused by any such removal or expulsion may be filled by action of the Member.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Horizon Lines Ventures, LLC), Limited Liability Company Agreement (Horizon Lines Ventures, LLC), Limited Liability Company Agreement (Horizon Lines Ventures, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 1012, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 104.11, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Carmax Auto Funding LLC), Limited Liability Company Agreement (Wachovia Education Loan Funding LLC), Limited Liability Company Agreement (Carmax Auto Funding LLC)

Removal of Directors. Unless otherwise restricted by law, any -------------------- Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Cherokee Inc), Limited Liability Company Agreement (Sdg&e Funding LLC a De Limited Liability Co), Limited Liability Company Agreement (Pg&e Funding LLC)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 9, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 6 contracts

Samples: Second Amended and Restated Series 2013 B Supplement (Hertz Corp), Amended and Restated Series Supplement (Hertz Global Holdings Inc), Amended and Restated Series Supplement (Hertz Global Holdings Inc)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject holders of a majority of Units entitled to Section 10, any vote at an election of Directors. Any vacancy caused by any such removal or expulsion may be filled by action of the MemberMembers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC), Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC), Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC)

Removal of Directors. Unless otherwise restricted by law, any -------------------- Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any ---------- vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (M&i Dealer Auto Securitization LLC), Limited Liability Company Agreement (Amsouth Auto Receivables LLC), Limited Liability Company Agreement (Bond Securitization LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Public Service Electric & Gas Co), Limited Liability Company Agreement (Pseg Fossil LLC), Limited Liability Company Agreement (Pseg Fossil LLC)

Removal of Directors. Unless Subject to Section 10 and unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, Member and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (WF Card Funding LLC), Limited Liability Company Agreement (WF Card Issuance Trust), Limited Liability Company Agreement (BA Credit Card Trust)

Removal of Directors. Unless otherwise restricted by law, any Director director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Sole Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Sole Member.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (RenPac Holdings Inc.), Limited Liability Company Agreement (RenPac Holdings Inc.), Limited Liability Company Agreement (RenPac Holdings Inc.)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any Members. Any vacancy caused by any such removal or expulsion may be filled by action of the MemberMembers.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (VPNet Technologies, Inc.), Limited Liability Company Agreement (VPNet Technologies, Inc.), Limited Liability Company Agreement (VPNet Technologies, Inc.)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 10, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Bridgecrest Auto Funding LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC)

Removal of Directors. Unless otherwise restricted by law, the Member may at any time remove or expel any Director or the entire Board of Directors may be removed or expelledDirectors, with or without cause, at any time by the Member, and, subject to Section 10, the Member may fill or cause to be filled any vacancy caused by any such removal or expulsion may be filled by action of the Memberexpulsion.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Huntington Funding, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director -------------------- or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sce Funding LLC), Limited Liability Company Agreement (Pg&e Funding LLC), Limited Liability Company Agreement (Sdg&e Funding LLC a De Limited Liability Co)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member; provided, however, that in no event shall the Independent Director be removed or expelled except for Cause.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Verizon Master Trust), Limited Liability Company Agreement, Limited Liability Company Agreement (Verizon ABS LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Dell Inc), Limited Liability Company Agreement (Starwood Commercial Mortgage Depositor, LLC), Limited Liability Company Agreement (Fixed Income Client Solutions LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Oswego Harbor Power LLC), Limited Liability Company Agreement (Louisiana Generating LLC), Limited Liability Company Agreement (Somerset Power LLC)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 10, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Zipcar Inc), Limited Liability Company Agreement (Zipcar Inc), Limited Liability Company Agreement (Hartman Commercial Properties Reit)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 10, the Member may at any time remove or expel any Director or the entire Board of Directors may be removed or expelledDirectors, with or without cause, at any time by the Member, and, subject to Section 10, the Member may fill or cause to be filled any vacancy caused by any such removal or expulsion may be filled by action of the Memberexpulsion.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Huntington Auto Trust 2015-1), Limited Liability Company Agreement (Huntington Funding, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 1011 of this Agreement, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (SunTrust Mortgage Securitization, LLC), Limited Liability Company Agreement (SunTrust Real Estate Trust, LLC)

Removal of Directors. Unless otherwise restricted by law, subject to Section 10, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, Member and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Criimi Mae Inc), Limited Liability Company Agreement (Criimi Mae Inc)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time cause by the Common Member, andand without the consent of the Class A Preferred Member, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Common Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Entergy Louisiana, LLC), Limited Liability Company Agreement (Entergy Louisiana, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Eagle BDC, LLC), Limited Liability Company Agreement (Phoenix Residential Securities, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 1011, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Dealer Auto Receivables Co LLC), Limited Liability Company Agreement (NCT Funding Co LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the MemberMembers, and, subject to Section SECTION 10, any vacancy caused by any such removal or expulsion may be filled by action of the MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Taconic Asset Acceptance Company, L.L.C.)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Discover Funding LLC)

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Removal of Directors. Unless otherwise restricted by law, any a Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Greatamerica Leasing Receivables 2001-1 LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Initial Member, and, subject to Section 108.3, any vacancy caused by any such removal or expulsion may be filled by action of the Initial Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Goal Capital Funding, LLC)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 4.11, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 104.11, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wachovia Card Receivables LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section SECTION 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (E Loan Inc)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the MemberPerson who appointed such Director, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of in the Membersame manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Economic Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Economic Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (World Financial Network Credit Card Master Trust)

Removal of Directors. Unless otherwise restricted by law, and subject to Section 11, (i) any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and (ii) any vacancy caused by any such removal or expulsion expulsion, or otherwise, may be filled by action of the Member; provided that Independent Directors, including Special Independent Directors, may be removed or expelled, and vacancies in respect of any Independent Director, including any Special Independent Director, may be filled, by the Member only at the direction, in writing, of the nominating committee of the Member’s board of directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Oncor Electric Delivery Co LLC)

Removal of Directors. Unless otherwise restricted by law, and subject to Section 11, (i) any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and (ii) any vacancy caused by any such removal or expulsion expulsion, or otherwise, may be filled by action of the Member; provided that Independent Directors, including Special Independent Directors, may be removed or expelled, and vacancies in respect of any Independent Director, including any Special Independent Director, may be filled, only by the Nominating Committee.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Future Holdings Corp /TX/)

Removal of Directors. Unless otherwise restricted by lawLaw, and subject to Section 11, (i) any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, and (ii) any vacancy caused by any such removal or expulsion expulsion, or otherwise, may be filled by action of the Member; provided that Independent Directors, including Special Independent Directors, may be removed or expelled, and vacancies in respect of any Independent Director, including any Special Independent Director, may be filled, only at the direction, in writing, of the Nominating Committee.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Future Holdings Corp /TX/)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelledexpelled , with or without cause, at any time by the Undersigned Member, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the Undersigned Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Barrick North America Finance LLC)

Removal of Directors. Unless otherwise restricted by law, --------------------- any Director or the entire Board of Directors may be removed or expelledremoved, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Telmark LLC)

Removal of Directors. Unless otherwise restricted by law, -------------------- any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, and subject to Section 10, any ---------- vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital One Master Trust)

Removal of Directors. Unless otherwise restricted by law, any Director director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, Member and any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (University Club, Inc. (FL))

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.the

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital One Auto Receivables LLC)

Removal of Directors. Unless otherwise restricted by lawlaw and subject to Section 7.11, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the MemberMajority of the Common Interest Members, and, subject to Section 10, and any vacancy caused by any such removal or expulsion may be filled by action of the MemberMajority of the Common Interest Members.

Appears in 1 contract

Samples: Operating Agreement (U S Timberlands Klamath Falls LLC)

Removal of Directors. Unless otherwise restricted by law, any Director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the MemberMembers, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the MemberMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stanwich Asset Acceptance CO LLC)

Removal of Directors. Unless otherwise restricted by law, any Director director or the entire Board of Directors may be removed or expelled, with or without cause, at any time by the Member, and, subject to Section 10, any vacancy caused by any such removal or expulsion may be filled by action of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBRE Government Services, LLC)

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