Common use of Board Committees Clause in Contracts

Board Committees. The Board, by a resolution adopted by a majority of the Managers, may create one or more committees, consisting of one or more Managers and including non-Managers as voting members, and may delegate to such committee or committees any and all authority as permitted by the Act.

Board Committees. The Board, by a resolution adopted by a majority of the ManagersMajority Vote, may create appoint one or more committeescommittees (a “Committee”), consisting each of which shall consist of at least one or more Managers and including non-Managers as voting membersDirector, and all the members of which must be Directors, with such functions and duties as the Board resolves. A Committee may delegate to such committee be given, and where given, exercise, the powers of the Board, provided, however, that a Committee may not (a) authorize distributions; (b) remove, elect or committees appoint Directors or officers or fill vacancies on the Board or on any and all authority as permitted by the Act.of its committees;

Board Committees. The Board, by a resolution adopted by a majority of the Managersmanagers in the office, may create designate one (1) or more committees, consisting each of which shall consist of one (1) or more Managers managers; said committees, to the extent consistent with law and including non-Managers as voting membersprovided in said resolution, shall have and may delegate exercise the authority of the Board in the management of the Association; but the designation of such committees and the delegation thereof of authority shall not operate to such committee relieve the Board, or committees any and all authority as permitted individual director, of any director, of any responsibility imposed upon it or him by the Actlaw.