Common use of Resignation, Removal and Vacancies Clause in Contracts

Resignation, Removal and Vacancies. (a) Any Director may resign at any time. Such resignation shall be made in writing, and shall take effect at the time specified therein, and, if no time is specified, at the time of its receipt by the Chairman or the Secretary. The acceptance of a resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Norfolk Southern Corp), Limited Liability Company Agreement (Norfolk Southern Corp)

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Resignation, Removal and Vacancies. (a) Any Director director may resign at any timetime by giving written notice to the Board or the President. Such resignation shall be made in writing, and shall take effect at the time specified therein or, if the time be not specified, upon receipt thereof; unless otherwise specified therein, and, if no time is specified, at the time of its receipt by the Chairman or the Secretary. The acceptance of a such resignation shall not be necessary to make it effective.

Appears in 2 contracts

Samples: Fibernet Telecom Group Inc\, Fibernet Telecom Group Inc\

Resignation, Removal and Vacancies. (a) Any Director director may resign at any timetime by giving written notice of his resignation to the Board or the President of the Corporation. Such Any such resignation shall be made in writing, and shall take effect at the time specified therein, and, if no time is specified, at therein or when delivered to the time of its receipt by the Chairman Board or the SecretaryPresident, as the Board shall determine. The Except as aforesaid, the acceptance of a such resignation shall not be necessary to make it effective.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Transaction Information Systems Inc)

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Resignation, Removal and Vacancies. (a) Any Director may resign at any timetime by giving written notice to the Member. Such The resignation shall be made in writing, and of any Director shall take effect upon receipt of notice thereof or at the such later time as shall be specified in such notice, and, unless otherwise specified therein, and, if no time is specified, at the time of its receipt by the Chairman or the Secretary. The acceptance of a such resignation shall will not be necessary to make it effective.

Appears in 1 contract

Samples: Equity Capital Contribution Agreement (Tellurian Inc. /De/)

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