Common use of Removal, Resignation and Filling of Vacancy of Officers Clause in Contracts

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Hc2 Holdings, Inc.), Agreement (Hc2 Holdings, Inc.), Limited Liability Company Agreement (Convergence, LLC)

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Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, however, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this AgreementAgreement or otherwise. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (DIRECTV Programming Holdings I, Inc.), Limited Liability Company Agreement (Directv Merchandising Inc), Limited Liability Company Agreement (Directv Customer Services Inc)

Removal, Resignation and Filling of Vacancy of Officers. The Subject to Section 3.1(h), the Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (Teekay Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that such notice or any later time specified in that notice; provided, provided that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company Partnership or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that such office.

Appears in 3 contracts

Samples: Limited Liability Limited Partnership Agreement (Ladder Capital Finance Holdings LLLP), Limited Liability Limited Partnership Agreement (Ladder Capital Corp), Limited Liability Limited Partnership Agreement (Ladder Capital Finance Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board of Managers may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the BoardBoard of Managers, and such resignation shall take effect at the date of the receipt of that such notice or at any later time specified in that such notice; provided, however, that unless otherwise specified in that such notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC), Limited Liability Company Agreement (NextWave Wireless LLC)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the BoardCompany, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; providedprovided that, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in by the manner prescribed in this Agreement for regular appointments to that officeBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bellring Brands, Inc.), Limited Liability Company Agreement (Bellring Brands, Inc.)

Removal, Resignation and Filling of Vacancy of Officers. The ------------------------------------------------------- Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Muzak Finance Corp), Limited Liability Company Agreement (Muzak Finance Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, however, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Petrohawk Energy Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board A ------------------------------------------------------- Majority in Interest of the Members may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the BoardMembers, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, provided that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office. Operating Agreement of Broadlane Ventures I, LLC.

Appears in 1 contract

Samples: Operating Agreement (MedAssets Ventures, LLC)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Chairman or the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Altera Infrastructure L.P.)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Chairman or the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.. (e)

Appears in 1 contract

Samples: Limited Liability Company Agreement (Altera Infrastructure L.P.)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, provided that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office. Operating Agreement of Broadlane Ventures, LLC.

Appears in 1 contract

Samples: Operating Agreement (MedAssets Ventures, LLC)

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Removal, Resignation and Filling of Vacancy of Officers. The Board ------------------------------------------------------- may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and . Any such resignation shall take effect at the date of the receipt of that such notice or at any later time date specified in that such notice; provided, that and, unless otherwise -------- specified in that such notice, the acceptance of the such resignation shall not be necessary to make it such resignation effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that such office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Muzak Finance Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board Executive Committee may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the BoardExecutive Committee, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, however, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hughes Electronics Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and . Any such resignation shall take effect at the date of the receipt of that such notice or at any later time date specified in that such notice; provided, that and, unless otherwise specified in that such notice, the acceptance of the such resignation shall not be necessary to make it such resignation effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that such office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Muzak Holdings Finance Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board A Majority in Interest of the Members may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the BoardMembers, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Board may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at on the date of the receipt of that such notice or at any later time specified in that such notice; provided, however, that unless otherwise specified in that such notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC)

Removal, Resignation and Filling of Vacancy of Officers. The Subject to the terms of this Agreement, the Board may remove any officerOfficer, for any reason or for no reason, at any time. Any officer Officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, however, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solid Biosciences, LLC)

Removal, Resignation and Filling of Vacancy of Officers. The Subject to the terms and provisions of any applicable employment agreements, the Board may remove any officer, for any reason or for no reason, at any time. Any officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (H&e Finance Corp)

Removal, Resignation and Filling of Vacancy of Officers. The Subject to Section 8.4(e), the Board may remove any officerOfficer other than the Chief Executive Officer, for any reason or for no reason, at any time, by Supermajority Vote. Any officer Officer may resign at any time by giving written notice to the Board, and such resignation shall take effect at the date of the receipt of that notice or any later time specified in that notice; provided, provided that unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to the rights, if any, of the Company or such officer Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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