Managing Member. (i) Except for decisions or actions requiring the unanimous approval of the Members as provided by non-waivable provisions of the Act or applicable law, (A) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of the Managing Member and (B) the Managing Member may make all decisions and take all actions for the Company as in its sole discretion it deems necessary or appropriate to carry out the purposes for which the Company is being formed under this Agreement and to further the interests of the Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Broadview Networks Holdings Inc), Limited Liability Company Agreement (Broadview Networks Holdings Inc), Limited Liability Company Agreement (Broadview Networks Holdings Inc)
Managing Member. (i) Except for decisions or actions requiring the unanimous approval of the Members as provided by non-waivable provisions of the Act or applicable law, (Ai) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of of, the Managing Member and (Bii) the Managing Member may make all decisions and take all actions for the Company as in its sole discretion it deems necessary or appropriate to carry out the purposes for which the Company is being formed under this Agreement and to further the interests of the Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Partners Group Growth, LLC), Limited Liability Company Agreement (Partners Group Next Generation Infrastructure LLC), Limited Liability Company Agreement (TCW Direct Lending LLC)
Managing Member. (i) Except for decisions or actions requiring the unanimous approval of the Members as provided by non-waivable provisions of the Act or applicable law, (Ai) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of of, the Managing Member Member, and (Bii) the Managing Member may make all decisions and take all actions for the Company as in its sole discretion it deems necessary or appropriate to carry out the purposes for which the Company is being formed under this Agreement and to further the interests of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TCW Direct Lending VII LLC)
Managing Member. (ia) Except for decisions or actions requiring the unanimous approval of the Members as provided by non-waivable provisions of the Act or applicable law, (A) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of the Managing Member and (B) the Managing Member may make all decisions and take all actions for the Company as in its sole discretion it deems necessary or appropriate to carry out the purposes for which the Company is being formed under this Agreement and to further the interests of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cole Kenneth Productions Inc)
