Common use of Company Governance Clause in Contracts

Company Governance. Each Member and the Company hereby agree that the Business and the Company shall be governed by the provisions of this Article III and that, accordingly, the Company shall cause its Subsidiaries to act in accordance with the determinations of the Company made pursuant to this Article III.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Chatham Lodging Trust), Limited Liability Company Agreement (Chatham Lodging Trust), Limited Liability Company Agreement (Chatham Lodging Trust)

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Company Governance. Each Member and the Company hereby agree that the Business and the Company shall be governed by the provisions of this Article III III. The business and that, accordingly, affairs of the Company shall cause its Subsidiaries be managed by the Common Member, who shall have the power and authority, on behalf of the Company, to act in accordance take any action of any kind not inconsistent with the determinations provisions of this Agreement and to do anything and everything it deems necessary or appropriate to carry on the business and purposes of the Company made pursuant to this Article III.Company, including, but not limited to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.)

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