Common use of Authority of Manager Clause in Contracts

Authority of Manager. Except for situations in which the approval of the Members is required by this Agreement or by nonwaivable provisions of applicable law, and subject to the provisions of Section 5.2 and Section 5.6, (i) 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 Manager and (ii) the Manager may make all decisions and take all actions for the Company not otherwise provided for in this Agreement, including, without limitation, the following:

Appears in 10 contracts

Samples: Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Limited Liability Company Agreement (Boise White Paper Sales Corp.)

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Authority of Manager. (a) Except for situations in which the approval of the Members any Member(s) is specifically required by this Agreement or by nonwaivable provisions of applicable law, and subject to the provisions of Section 5.2 and Section 5.6Agreement, (i) the all management powers of the Company shall be exercised by or under the authority of, and over the business and affairs of the Company shall be managed under exclusively vested in the direction ofCorporation, as the Manager and (ii) the Manager may make all decisions and take all actions for the Company not otherwise provided for in this Agreement, including, without limitation, the following:sole managing member of the

Appears in 2 contracts

Samples: Joinder Agreement (Neff Corp), Limited Liability Company Agreement (Neff Corp)

Authority of Manager. Except for situations In addition to, and not in which limitation of, any rights and powers conferred by law or other provisions of this Agreement, including SECTION 5.1 above, and except as limited, restricted or prohibited by the approval express provisions of the Members is required by this Agreement or by nonwaivable provisions of applicable law, and subject to the provisions of Section 5.2 and Section 5.6, (i) 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 ofLLC Law, the Manager Manager’s powers and (ii) the Manager may make all decisions and take all actions for the Company not otherwise provided for in this Agreement, includingrights shall include, without limitation, the following:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grayscale Digital Large Cap Fund LLC)

Authority of Manager. Except for situations in which as limited by this Agreement, the approval Manager shall have full and complete authority, power and discretion to manage the business, affairs, and property of the Company. Except as to matters requiring a vote of the Members is required by this Agreement or by nonwaivable provisions of applicable law, and subject to the provisions of Section 5.2 and Section 5.6, (i) 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 Manager and (ii) the Manager may make all decisions and take all actions for the Company not otherwise as provided for in this Agreement, includinghereunder, the Manager, without limitationthe consent of any Member, shall have the followingfollowing powers:

Appears in 1 contract

Samples: Operating Agreement (Digital Ally Inc)

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Authority of Manager. Except for situations in which the approval of the Members is expressly required by this Operating Agreement or by nonwaivable non-waivable provisions of applicable law, the Managers shall have full and subject complete authority, power, and discretion to manage and control the provisions business, affairs, and properties of Section 5.2 the Company, to make all decisions regarding those matters, to execute and Section 5.6, (i) the powers deliver on behalf of the Company shall be exercised by any agreement or under the authority ofinstrument, and to perform any and all other acts or activities customary or incident to the business and affairs management of the Company shall be managed under the direction of, the Manager and (ii) the Manager may make all decisions and take all actions for the Company not otherwise provided for in this Agreement, including, without limitation, the following:Company’s business.

Appears in 1 contract

Samples: Operating Agreement (KEMET Foil Manufacturing LLC)

Authority of Manager. Except for situations in which the approval of the Members is required by this Agreement or by nonwaivable provisions of applicable law, and subject to the provisions of Section 5.2 and Section 5.6, . (i) 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 Manager and (ii) the Manager may make all decisions and take all actions for the Company not otherwise provided for in this Agreement, including, without limitation, the following:

Appears in 1 contract

Samples: Operating Agreement (Stack Rock Capital, L.L.C.)

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