Common use of RESIGNATION OF MANAGERS Clause in Contracts

RESIGNATION OF MANAGERS. Seller shall obtain the resignations, effective contemporaneously with the Closing, of the managers, directors and, except as set forth on Section 5.06 of the Schedules, the officers (as applicable) of each of the Companies.

RESIGNATION OF MANAGERS. Unless otherwise requested in writing by Buyer, Seller shall obtain the resignations, effective contemporaneously with the Closing, of the managers, directors and, except as set forth on Section 5.06 of the Schedules, the officers (as applicable) managers of each of the CompaniesCompany.