Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit A, and (ii) shall have executed a counterpart to this Agreement.
Appears in 19 contracts
Sources: Limited Liability Company Agreement (Duke Energy Progress NC Storm Funding II LLC), Limited Liability Company Agreement (Duke Energy Carolinas NC Storm Funding II LLC), Limited Liability Company Agreement (Duke Energy Carolinas SC Storm Funding LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 12 contracts
Sources: Limited Liability Company Agreement (SCE Recovery Funding LLC), Limited Liability Company Agreement (PG&E Recovery Funding LLC), Limited Liability Company Agreement (DTE Electric Securitization Funding II LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 10 contracts
Sources: Limited Liability Company Agreement (Entergy Texas, Inc.), Limited Liability Company Agreement (Entergy Texas, Inc.), Limited Liability Company Agreement (AEP Texas Restoration Funding LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An To the fullest extent permitted by law, an Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 7 contracts
Sources: Limited Liability Company Agreement (Ameren Missouri Securitization Funding I, LLC), Limited Liability Company Agreement (Ameren Missouri Securitization Funding I, LLC), Limited Liability Company Agreement (Evergy Missouri West Storm Funding I, LLC)
Resignation of Manager. A Manager Manager, other than an Independent Manager Manager, may resign as a Manager at any time by thirty (30) 30 days’ prior written notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 7 contracts
Sources: Operating Agreement (Cleco Power LLC), Limited Liability Company Operating Agreement (SWEPCO Storm Recovery Funding LLC), Limited Liability Company Operating Agreement (SWEPCO Storm Recovery Funding LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as at Exhibit A, and (ii) shall have executed a counterpart to this Agreement.
Appears in 6 contracts
Sources: Limited Liability Company Agreement (Consumers 2023 Securitization Funding LLC), Limited Liability Company Agreement (Consumers 2023 Securitization Funding LLC), Limited Liability Company Agreement (Consumers 2023 Securitization Funding LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 5 contracts
Sources: Limited Liability Company Agreement (SIGECO Securitization I, LLC), Limited Liability Company Agreement (SIGECO Securitization I, LLC), Limited Liability Company Agreement (SIGECO Securitization I, LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) 30 days’ ' prior notice to the Member. An Independent Manager may not resign, withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC), Limited Liability Company Agreement (CPL Transition Funding LLC), Limited Liability Company Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty five (305) days’ prior notice to the Member. An To the fullest extent permitted by law, an Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (RG&E Storm Funding LLC), Limited Liability Company Agreement (NYSEG Storm Funding LLC), Limited Liability Company Agreement (NYSEG Storm Funding LLC)
Resignation of Manager. A Manager Manager, other than an Independent Manager Manager, may resign as a Manager at any time by thirty (30) 30 days’ prior written notice to the MemberMembers. An To the fullest extent permitted by law, no Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the MemberMajority Members and any such withdrawal or resignation shall be subject to Section 6.1(b). No Upon any removal or resignation or removal of an Independent the Designated Manager, the Member owning the largest Percentage Interest in the Company shall assume all power and no appointment of a successor Independent Manager, shall be effective authority given to the Designated Manager under this Agreement until such successor (i) shall have accepted his or her appointment time as an Independent Manager by the Majority Members select a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit A, and (ii) shall have executed a counterpart to this Agreementreplacement Designated Manager.
Appears in 3 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Barings BDC, Inc.), Limited Liability Company Agreement (Corporate Capital Trust, Inc.)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An To the fullest extent permitted by applicable law, an Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC), Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC), Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this AgreementAgreement as required by Section 1.02(b).
Appears in 2 contracts
Sources: Limited Liability Company Agreement (RSB Bondco LLC), Limited Liability Company Agreement (RSB Bondco LLC)
Resignation of Manager. A Manager Manager, other than an Independent Manager Manager, may resign as a Manager at any time by thirty (30) 30 days’ prior written notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Amended and Restated Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Operating Agreement (Cleco Power LLC), Limited Liability Company Operating Agreement (Cleco Power LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) 30 days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 2 contracts
Sources: Operating Agreement (Entergy New Orleans Inc), Limited Liability Company Operating Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. The Independent Manager appointed by the Commission may not withdraw or resign without the consent of the Commission. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Kentucky Power Cost Recovery LLC), Limited Liability Company Agreement (Kentucky Power Cost Recovery LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ ' prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Entergy Texas Restoration Funding, LLC), Limited Liability Company Agreement (Entergy Gulf States Reconstruction Funding I, LLC)
Resignation of Manager. A Manager other than an the Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An The Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an the Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an the Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit A, and (ii) shall have executed a counterpart to this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (WEPCo Environmental Trust Finance I, LLC)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) ____ days’ ' prior notice to the Member. An Notwithstanding the preceding sentence, an Independent Manager may not resign, withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Central & South West Corp)
Resignation of Manager. A Manager other than an Independent Manager may resign as a Manager at any time by thirty (30) days’ prior notice to the Member. An Independent Manager may not withdraw or resign as a Manager of the Company without the consent of the Member. No resignation or removal of an Independent Manager, and no appointment of a successor Independent Manager, shall be effective until such successor (i) shall have accepted his or her appointment as an Independent Manager by a written instrument, which may be a counterpart signature page to the Management Agreement in the form attached hereto as Exhibit AAgreement, and (ii) shall have executed a counterpart to this LLC Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Atmos Energy Kansas Securitization I, LLC)