Common use of Business Management Clause in Contracts

Business Management. (a) The business and affairs of the Company shall be managed exclusively by the Managers. The Managers shall, acting in their sole discretion, direct, manage, and control the business of the Company to the best of their ability and shall have full and complete authority, power and discretion to make any and all decisions and to do any and all things which they shall deem to be necessary, appropriate, or convenient to accomplish the business and objectives of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Tempur Pedic International Inc), Limited Liability Company Agreement (Tempur Pedic International Inc), Limited Liability Company Agreement (Tempur Medical Inc)

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Business Management. (a) The business and affairs of the Company shall be managed exclusively by the Managers. The Managers shall, acting in their sole discretion, direct, manage, and control the business of the Company to the best of their ability and shall have full .full and complete authority, power and discretion to make any and all decisions and to do any and all things which they shall deem to be necessary, appropriate, or convenient to accomplish the business and objectives of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Sealy US Sales, LLC), Limited Liability Company Agreement (Tempur Pedic International Inc)

Business Management. (a) The business and affairs of the Company shall be managed exclusively by the ManagersManager. The Managers Manager shall, acting in their his sole discretion, direct, manage, and control the business of the Company to the best of their his ability and shall have full and complete authority, power and discretion to make any and all decisions and to do any and all things which they he shall deem to be necessary, appropriate, or convenient to accomplish the business and objectives of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tempur Medical Inc)

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Business Management. (a) The business and affairs of the Company shall be managed exclusively by the ManagersManaging Member. The Managers Managing Member shall, acting in their its sole discretion, direct, manage, and control the business of the Company to the best of their its ability and shall have full and complete authority, power and discretion to make any and all decisions and to do any and all things which they it shall deem to be necessary, appropriate, or convenient reasonably required to accomplish the business and objectives of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Berkshire Income Realty Inc)

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