Common use of Number, Term and Qualifications Clause in Contracts

Number, Term and Qualifications. Each Manager shall hold office until his or her successor shall have been appointed. If all Managers have resigned or have been removed from office, the business of the Company shall be managed by the Members until they appoint successor Managers and those appointed have qualified.

Number, Term and Qualifications. Each Manager shall hold holds office until [his or her her] [its] successor shall have been is appointed. If all Managers have resigned or have been removed from office, the Member manages the business of the Company shall be managed by the Members until they appoint he or she appoints successor Managers and those appointed have qualified.

Number, Term and Qualifications. Each Manager shall hold holds office until his or her successor shall have has been appointed. If all Managers have resigned or have been removed from office, the Members manage the business of the Company shall be managed by the Members until they appoint successor Managers and those appointed have qualified.