Common use of Vacancy Clause in Contracts

Vacancy. A vacancy in any office by reason of death, incapacity, resignation, removal or otherwise shall be filled by the Initial Member (or by an officer to whom authority to fill such vacancy has been delegated by the Initial Member) for the unexpired portion of the term in the manner prescribed by this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC), Limited Liability Company Agreement (Tesoro Logistics Lp), Limited Liability Company Agreement (Tesoro Logistics Finance Corp.)

AutoNDA by SimpleDocs

Vacancy. A vacancy in any office by reason of death, incapacity, resignation, removal or otherwise shall be filled by the Initial Sole Member (or by an officer to whom authority to fill such vacancy has been delegated by the Initial Sole Member) for the unexpired portion of the term in the manner prescribed by this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC), Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC), Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC)

Vacancy. A vacancy in any office by reason of death, incapacity, resignation, removal or otherwise shall be filled by the Initial Member Board (or by an officer to whom authority to fill such vacancy has been delegated by the Initial MemberBoard) for the unexpired portion of the term in the manner prescribed by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (JMP Group LLC), Merger Agreement (JMP Group LLC)

Vacancy. A vacancy in any office by reason of death, incapacity, resignation, removal or otherwise shall be filled by the Initial Managing Member (or by an officer to whom authority to fill such vacancy has been delegated by the Initial Managing Member) for the unexpired unexpiredl portion of the term in the manner prescribed by this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC)

AutoNDA by SimpleDocs

Vacancy. A vacancy in any office by reason of death, incapacity, resignation, removal or otherwise shall be filled by the Initial Member Manager (or by an officer to whom authority to fill such vacancy has been delegated by the Initial MemberManager) for the unexpired portion of the term in the manner prescribed by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Tesoro High Plains Pipeline Co LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!