POWERS, RIGHTS AND OBLIGATIONS OF MEMBERS Sample Clauses

POWERS, RIGHTS AND OBLIGATIONS OF MEMBERS. MEETINGS OF ------------------------------------------------------ MEMBERS. -------
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POWERS, RIGHTS AND OBLIGATIONS OF MEMBERS. Except as expressly set forth herein, the Members shall not take part in, or interfere in any manner with, the conduct or control of the Company business, or have any right or authority to act or sign for, or to obligate the Company. The Members shall not at any time be entitled to withdraw all or any part of their contribution to the capital of the Company except to the extent they are entitled to withdrawals pursuant to the provisions of Article X hereof. Except as expressly set forth in Article XIV(e), the Members shall have no right to amend this Operating Agreement or terminate the Company, or to appoint, select, vote for or remove the Manager or its agents, or to otherwise participate in the business decisions of the Company. The Members shall have no right to demand and receive any property other t h a n cash in return for their contributions, and, prior to the dissolution and liquidation of the Company pursuant to Article XI hereof, their right to cash shall be limited to the rights set forth in Article V hereof.
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Related to POWERS, RIGHTS AND OBLIGATIONS OF MEMBERS

  • Rights and Obligations of Members Section 6.1

  • Rights and Obligations of Party B 1、乙方应当具有海事管理机构批准的资质，并保持相应的应急清污能力。

  • Rights and Obligations of Party A I. Rights of Party A

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  • Rights and Obligations of Limited Partners 8.1 No Participation in Management. No Limited Partner (other than a General Partner if it has acquired an interest of a Limited Partner) shall take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

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  • Party A’s Rights and Obligations 4.1 甲方应不晚于扣款日向/在其结算账户转账/存入等于（或不少于）存款资金的款项，并在起息日前的所有时间均确保并维持结算账户中有该等数额的款项。若因非乙方过错的任何原因，包括但不限于由于甲方的债权债务纠纷或任何原因导致结算账户被司法机关采取查封、冻结或支取等强制措施，甲方未能在起息日前的所有时间确保并维持结算账户中的存款资金数额的，本协议应立即解除并失效，但不影响甲方应承担的违约责任并向乙方赔偿全部损失的义务。 No later than the Trade Date, Party A shall transfer/deposit money equal to (or not less than) the full Deposit Amount to/in the Settlement Account and shall ensure that such amount of fund in the Settlement Account shall be held and maintained at all time until the Effective Date. Failure by Party A to do the same due to whatever reason other than Party B’s fault, including without limitation, the Deposit Amount being frozen, seized or taken, in whole or in part, with enforcement measures by judicial authority arising from its credits, debts dispute and/or whatsoever reason, shall cause this Agreement to be immediately and automatically ceased and this Agreement will be no longer to be in force and effect, and in such case, it shall be deemed that Party A breaches the terms of this Agreement and therefore shall be liable for all losses and damages suffered by Party B arising therefrom.

  • Rights and Obligations of Both Parties 3.1 Party A’s rights and obligations

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