Common use of Removal of Independent Manager Clause in Contracts

Removal of Independent Manager. The Member may remove any Independent Manager, either for or without cause. If there is no Independent Manager after such removal, the Member will promptly appoint another Independent Manager and, until a successor Independent Manager has accepted its appointment as an Independent Manager, no action requiring the unanimous vote or unanimous consent of the Independent Managers may be taken.

Appears in 4 contracts

Samples: Titling Company Agreement (Nissan Auto Leasing LLC Ii), Titling Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii)

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