Withdrawal of Manager Sample Clauses

Withdrawal of Manager. Without the Written consent of a Majority-In-Interest, a Manager shall not have any right to Withdraw or retire from the Company, and shall be considered as a “key manto this Agreement.
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Withdrawal of Manager. The Manager may not resign or withdraw as manager of the Company without (i) Class A Member Approval, and
Withdrawal of Manager. Any Manager (other than any Independent Manager) may resign as a Manager of the Company by delivering notice of such resignation to the Member. Notwithstanding anything herein to the contrary, until such time as the Indenture has been discharged in accordance with its terms, an Independent Manager may not withdraw or resign as a Manager of the Company unless the Member has previously or concurrently with such resignation appointed a replacement Independent Manager. In the event that an Independent Manager withdraws, resigns or is removed as Independent Manager, unless the Indenture has been discharged in accordance with its terms, the Member shall appoint, as soon as reasonably practicable, a successor Independent Manager. Promptly following any resignation or replacement of any Independent Manager, the Member shall give written notice to each applicable Rating Agency of any such resignation or replacement.
Withdrawal of Manager. Notwithstanding anything herein to the contrary, no Independent Manager may withdraw or resign as a Manager of the Company without the consent of the Sole Member.
Withdrawal of Manager. Without the written consent of a majority of the Unit Holders, the Manager shall not have any right to withdraw or retire from the LLC, and shall be considered as a "key man" to this Agreement.
Withdrawal of Manager. 27 Section 13.1 Assignability of Interest or Withdrawal of a Manager . . . . . . . . . . . . . . . . . . 27
Withdrawal of Manager. Manager hereby resigns and withdraws as “Manager” of the Company and Manager shall not have any further rights, powers, privileges, duties, obligations and/or liabilities with respect to the Company.
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Withdrawal of Manager. The Manager may not voluntarily withdraw or retire from the Company or take any step to dissolve itself or allow dissolution, unless approved by all of the Members.
Withdrawal of Manager. At the election of 1989, in it sole discretion, at any time after the withdrawal of the Manager in violation of Section 11.1.1;
Withdrawal of Manager. An individual shall cease to be a Manager upon the earliest to occur of any of the following: (i) the individual’s voluntary resignation from the Board, which shall be effective upon delivery of a written notice from the individual to the Company unless the notice specifies a later effective date; (ii) the individual’s removal by Majority Consent of the Members; (iii) the Manager is deemed to be Disabled with respect to acting as a Manager; (iv) in the case of a Manager who is an employee of the Company, the individual’s employment is terminated for any reason.
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