Common use of Authority of Directors Clause in Contracts

Authority of Directors. Subject to the limitations and restrictions set forth in this Agreement, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “manager” under the Act including, without limitation, the right and power to do or perform the following and, to the extent permitted by the Act or this Agreement, the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons to do or perform the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this AgreementAgreement and the Act, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “manager” under the Act including, without limitation, the right and power to do or perform the following andperform, to the extent permitted by the Act or this Agreement, and the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons as the Directors deem appropriate, the right and power to do or perform perform, the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this Agreement, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “"manager” " under the Act including, without limitation, the right and power to do or perform the following and, to the extent permitted by the Act or this Agreement, the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons to do or perform the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this AgreementAgreement and the Act, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “manager” under the Act including, without limitation, the right and power to do or perform the following and, to the extent permitted by the Act or this Agreement, the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons as the Directors deem appropriate, the right and power to do or perform perform, the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this AgreementAgreement and the Act, the Directors Board shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “"manager” " under the Act including, without limitation, the right and power to do or perform the following andperform, to the extent permitted by the Act or this Agreement, and the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons as the Board deem appropriate, the right and power to do or perform perform, the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this AgreementAgreement and the Act, the Directors Board shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “manager” under the Act including, without limitation, the right and power to do or perform the following andperform, to the extent permitted by the Act or this Agreement, and the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons as the Board deem appropriate, the right and power to do or perform perform, the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this AgreementAgreement and the Act, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “"manager” " under the Act including, without limitation, the right and power to do or perform the following andperform, to the extent permitted by the Act or this Agreement, and the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons as the Directors deem appropriate, the right and power to do or perform perform, the following:

Authority of Directors. Subject to the limitations and restrictions set forth in this Agreement, the Directors shall direct the management of the business and affairs of the Company and shall have all of the rights and powers which may be possessed by a “manager” Table of Contents under the Act including, without limitation, the right and power to do or perform the following and, to the extent permitted by the Act or this Agreement, the further right and power by resolution of the Directors to delegate to the Officers or such other Person or Persons to do or perform the following: