Common use of Resignation of the Manager Clause in Contracts

Resignation of the Manager. The Manager may resign as a Manager by written instrument signed by the resigning Manager and delivered to the Common Shareholders. Any such resignation shall take effect upon such delivery or upon such later date as is specified in such instrument.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Fundrise Income eREIT II, LLC), Limited Liability Company Agreement (Fundrise Growth eREIT II, LLC)