Common use of Additional Authority Clause in Contracts

Additional Authority. In addition to the powers and authority expressly conferred on the Board by this Agreement, the Board may exercise all such powers of the Company and do all such acts and things as are not restricted by this Agreement, the MLP Agreement, the Delaware LLC Act or Applicable Law.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Memorial Production Partners LP), Limited Liability Company Agreement, Limited Liability Company Agreement (New Source Energy Partners L.P.)

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Additional Authority. In addition to the powers and authority expressly conferred on the Board by this Agreement, the Board may exercise all such powers of the Company and do all such acts and things as are not restricted by this Agreement, the MLP Partnership Agreement, the Delaware LLC Act or Applicable other Law.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Constellation Energy Partners LLC), Limited Liability Company Agreement (Sanchez Production Partners LP), Limited Liability Company Agreement

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