Common use of Authority of the Managing Member Clause in Contracts

Authority of the Managing Member. The Managing Member shall have the power on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, which it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC)

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Authority of the Managing Member. The Managing Member shall have the power on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, which it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

Authority of the Managing Member. The Managing Member shall have the power on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, undertakings which it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

Authority of the Managing Member. The Managing Member shall have the power on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, which it may may, in its discretion, deem necessary or advisable necessary, desirable or incidental thereto, including, without limitation, the power to:

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (DLP Positive Note Fund LLC), Limited Liability Company Operating Agreement (DLP Positive Note Fund LLC), Limited Liability Company Operating Agreement (DLP Positive Fixed Returns Fund LLC)

Authority of the Managing Member. The Managing Member shall have all rights and powers that may be possessed by a managing member under the power Act on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, which it may deem necessary or advisable or incidental theretodesirable, including, without limitation, including the power to:to acquire, own, hold, finance, mortgage, pledge, sell, transfer, distribute, and vote with respect to the Company assets, subject, however to the provisions of this Agreement requiring Member approval, including Section 3.4 hereof.

Appears in 4 contracts

Samples: Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust)

Authority of the Managing Member. The Managing Member shall have the power on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's ’s investable assets, which it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

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Authority of the Managing Member. The 4.2.1 In addition to any other rights and powers that the Managing Member may have hereunder, the Managing Member, in its capacity as such, shall have the power on behalf of and in the name of the Company to carry out any and all of the objects rights and purposes of powers that are necessary for or convenient or incidental to the Company set forth in Section 1.04 and Section 2.01, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment accomplishment of the Company's investable assets’s purposes and the conduct of the Company’s business, which it may deem necessary or advisable or incidental thereto, including, rights and powers shall include (without limitation, ) the power tofollowing:

Appears in 1 contract

Samples: Operating Agreement

Authority of the Managing Member. The Managing Member shall have the power and authority on behalf of and in the name of the Company to carry out any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.011.04, and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection with investment of the Company's investable assets, which it may deem necessary or advisable or incidental thereto, including, without limitation, the power and authority to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

Authority of the Managing Member. The Managing Member shall have the power by itself on behalf of and in the name of the Company to carry out out, directly or indirectly, any and all of the objects and purposes of the Company set forth in Section 1.04 and Section 2.01, Article 3 or hereafter determined by the Managing Member and to perform all acts and enter into and perform all contracts and other undertakings, other than any actions to be taken in connection including with investment of the Company's investable assetsits Affiliates, which it may deem necessary or necessary, advisable or incidental thereto, including, without limitation, the power to:

Appears in 1 contract

Samples: Limited Liability Company Agreement

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