Common use of Board of Managers Clause in Contracts

Board of Managers. (a) Management of the Company shall be vested in a Board of Managers. The Board of Managers shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a limited liability company under the laws of the State of Texas. The number of managers shall be determined from time to time by the Member or the resolution of the Board of Managers. The Member hereby designates Xxxxx X. Xxxxxxxx and Xxxx X. Xxxxxxxx as the Managers.

Appears in 18 contracts

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.)

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Board of Managers. (a) Management of the Company shall be vested in a Board of Managers. The Board of Managers shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a limited liability company under the laws of the State of Texas. The number of managers shall be determined from time to time by the Member or the resolution of the Board of Managers. The Member hereby designates Xxxxx X. Xxxxxxxx Xxxxx and Xxxx X. Xxxxxxxx as the Managers.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.)

Board of Managers. (a) Management of the Company shall be vested in a Board of Managers. The Board of Managers shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a limited liability company under the laws of the State of Texas. The number of managers shall be determined from time to time by the Member or the resolution of the Board of Managers. The Member hereby designates Xxxxx X. Xxxxxxxx Xxxxxxxx, Xxxxxxx X. Xxxx, and Xxxx X. Xxxxxxxx as the Managers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.)

Board of Managers. (a) Management of the Company shall be vested in a Board of Managers. The Board of Managers shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a limited liability company under the laws of the State of Texas. The number of managers shall be determined from time to time by the Member or the resolution of the Board of Managers. The Member hereby designates Xxxxx X. Xxxxxxxx Xxxxxxxx, Xxxxxxx X. Xxxx and Xxxx X. Xxxxxxxx as the Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.)

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Board of Managers. (a) Management of the Company shall be vested in a Board of Managers. The Board of Managers shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a limited liability company under the laws of the State of Texas. The number of managers shall be determined from time to time by the Member or the resolution of the Board of Managers. The Member hereby designates Xxxxx X. Xxxxxxxx M.A. XxXxxxxxx and Xxxx X. Xxxxxxxx as the Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TCEH Finance, Inc.)

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