Common use of Resignation of Manager Clause in Contracts

Resignation of Manager. The Manager shall not have the right to resign as the Manager of the Company without the approval of the Company. Upon such approval, the Company shall designate a successor Manager.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ormat Funding Corp.), Limited Liability Company Agreement (Ormat Funding Corp.), Limited Liability Company Agreement (Ormat Funding Corp.)

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Resignation of Manager. The Manager shall not have the right to resign as the Manager of the Company without the approval of the CompanyMember. Upon such approval, the Company Member shall designate a successor Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ormat Funding Corp.)

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