Common use of AUTHORITY AND POWERS Clause in Contracts

AUTHORITY AND POWERS. All powers of the Company shall be exercised by or under the authority of the Board of Directors. Decisions of the Board of Directors within its scope of authority shall be binding upon the Company. Such powers shall specifically include but shall not be limited to the power to:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (WPS Resources Corp)

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AUTHORITY AND POWERS. All powers of the Company shall be exercised -------------------- by or under the authority of the Board of DirectorsManagers. Decisions Subject to applicable legal requirements, decisions of the Board of Directors Managers within its scope of authority shall be binding upon the CompanyCompany and the Members. Such powers shall specifically include but shall not be limited to the power to:

Appears in 1 contract

Samples: Operating Agreement (Alliant Energy Corp)

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AUTHORITY AND POWERS. All powers of the Company shall be -------------------- exercised by or under the authority of the Board of Directors. Decisions of the Board of Directors within its scope of authority shall be binding upon the Company. Such powers shall specifically include but shall not be limited to the power to:

Appears in 1 contract

Samples: Operating Agreement (Wisconsin Power & Light Co)

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