Common use of Resignation of Managing Member Clause in Contracts

Resignation of Managing Member. Upon ninety (90) days prior written notice, a Managing Member may resign. In the event of the resignation of the Managing Member, a successor Managing Member shall be appointed as provided in Section 9.5 below.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Interactive Brokers Group, Inc.), Limited Liability Company Agreement (IBG Holdings LLC), Limited Liability Company Agreement (Interactive Brokers Group, Inc.)

AutoNDA by SimpleDocs

Resignation of Managing Member. Upon ninety (90) days prior written notice, a any Managing Member may resign. In the event of the resignation of the a Managing Member, a successor Managing Member shall be appointed as provided in Section 9.5 9.4 below.

Appears in 2 contracts

Samples: Operating Agreement (Interactive Brokers Group, Inc.), Operating Agreement (Interactive Brokers Group, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.