Common use of Resignation of Manager Clause in Contracts

Resignation of Manager. The Manager may resign from the Company provided, however, that the resignation shall not be effective until the earlier of the appointment of a replacement Manager by a Super Majority or 120 days following the date that Manager gave written notice to the Members of its resignation. Failure of a Super Majority to designate and admit a new Manager within said 120 days shall dissolve the Company, in accordance with the provisions of Article 12 of this Agreement. The resigning Manager shall not be liable for any debts, obligations or other responsibilities of the Company or this Agreement arising after the effective date of the resignation.

Resignation of Manager. The Manager may resign from the Company provided, however, that the resignation shall not be effective until the earlier of the appointment of a replacement Manager by a Super Majority or 120 days following the date that Manager gave written notice to the Members of its resignation. Failure of a Super Majority to designate and admit a new Manager within said 120 days shall dissolve the Company, in accordance with the provisions of Article 12 of this Agreement. The resigning Manager shall not be liable for any debts, obligations or other responsibilities of the Company or this Agreement arising after the effective date of the resignation.

Resignation of Manager. The A Manager may resign from at any time by giving thirty (30) days’ written notice to the Company provided, however, that Company. Any such resignation shall be effective upon receipt thereof unless it is specified to be effective at some other time or upon the occurrence of some other event. The Company’s acceptance of a resignation shall not be effective until necessary to make it effective. A successor Manager shall be filled by the earlier affirmative vote of the appointment of a replacement Manager by a Super Majority or 120 days following the date that Manager gave written notice to the Members of its resignation. Failure of a Super Majority to designate and admit a new Manager within said 120 days shall dissolve the Company, in accordance with the provisions of Article 12 of this Agreement. The resigning Manager shall not be liable for any debts, obligations or other responsibilities of the Company or this Agreement arising after the effective date of the resignationClass A Member.

Resignation of Manager. The Manager may resign from at any time by giving at least 30 days’ prior written notice to the Company provided, however, that the Company. The Company’s acceptance of a resignation shall not be effective until the earlier necessary to make it effective. The resignation of the appointment of a replacement Manager by a Super Majority or 120 days following the date that Manager gave written notice to the Members of its resignation. Failure of a Super Majority to designate and admit a new Manager within said 120 days shall dissolve the Company, in accordance with the provisions of Article 12 of this Agreement. The resigning Manager shall not be liable for any debts, obligations or other responsibilities affect its rights as a Member and shall not constitute a dissociation of the Company or this Agreement arising after the effective date of the resignationsuch Member.