Removal of the Managers. A Manager then serving may be removed at any time, with or without cause, by the Member who or which appointed such Manager in accordance with Section 6.1 hereof. If the Manager removed hereunder is then a Member, the removal of such Manager shall not affect such Person’s rights as a Member and shall not constitute a withdrawal of the Member. No Member may remove a Manager appointed by the other Member, except as may be required by Law or Court Order.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement (Asta Funding Inc)