Common use of Removal of the Manager Clause in Contracts

Removal of the Manager. The Manager may be removed as Manager under this Agreement by the vote or written consent of Members holding not less than 80% of the total number of votes eligible to be cast by all Members.

Appears in 38 contracts

Samples: Limited Liability Company Agreement (PNC Alternative Strategies TEDI Fund LLC), Limited Liability Company Agreement (PNC Alternative Strategies Fund LLC), Limited Liability Company Agreement (PNC Long-Short Fund LLC)

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Removal of the Manager. The Manager may be removed as Manager under this Agreement by the vote or written consent of Members holding not less than 80% two-thirds (2/3) of the total number of votes eligible to be cast by all Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC), Limited Liability Company Agreement (Growth Capital Portfolio, LLC)

Removal of the Manager. The Manager may be removed as Manager under this Agreement by the vote or written consent of Members holding not less than 80% two thirds (2/3) of the total number of votes eligible to be cast by all Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital Master Portfolio, LLC)

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Removal of the Manager. The Manager may be removed as Manager under this Agreement by the vote or written consent of Members holding not less than 80% a majority of the total number of votes eligible to be cast by all Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital Master Portfolio, LLC)

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