Resignations and Removal. Any Director of the Company may resign at any time by giving written notice to the Board or to the Secretary of the Company. Any such resignation shall take effect immediately upon its receipt; and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Any Director of the Company may be removed from office at any time upon the affirmative vote of the Members holding of a majority of the capital interests in the Company.
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Samples: Limited Liability Company Agreement (ONEOK Partners LP), Limited Liability Company Agreement (ONEOK Partners LP), Limited Liability Company Agreement (ONEOK Partners LP)
Resignations and Removal. (a) Any Director of the Company director may resign at any time upon notice given in writing or by giving written notice electronic transmission to the Board or to of Directors, the Secretary Chairperson of the CompanyBoard or the Secretary. Any such Such resignation shall take effect immediately upon its receipt; anddelivery, unless the resignation specifies a later effective date or time or an effective date or time determined upon the happening of an event or events. Unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Any Director of the Company may be removed from office at any time upon the affirmative vote of the Members holding of a majority of the capital interests in the Company.
Appears in 3 contracts
Samples: Conversion Agreement (Calumet Specialty Products Partners, L.P.), Conversion Agreement (Calumet Specialty Products Partners, L.P.), Conversion Agreement (Calumet Specialty Products Partners, L.P.)
Resignations and Removal. (a) Any Director of the Company director may resign at any time upon notice given in writing or by giving written notice electronic transmission to the Board of Directors, the Chairman or to the Secretary of the CompanySecretary. Any such Such resignation shall take effect immediately upon its receipt; anddelivery, unless the resignation specifies a later effective date or time or an effective date or time determined upon the happening of an event or events. Unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Any Director of the Company may be removed from office at any time upon the affirmative vote of the Members holding of a majority of the capital interests in the Company.
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