Delegation of Authority to Officers Sample Clauses

Delegation of Authority to Officers. The Member may designate one or more Persons as officers of the Company. The officers shall have the authority to act for and bind the Company to the extent of the authority granted to them in resolutions adopted by the Member on behalf of the Company. The officers of the Company may include a president, vice presidents, a secretary, a treasurer, and such other officers as the Member deems appropriate. The officers of the Company will be entitled to such compensation for their services as the Member may determine from time to time.
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Delegation of Authority to Officers. The Member may designate one or more Persons as officers of the Company. The officers shall have the authority to act for and bind the Company to the extent of the authority granted to them herein or in resolutions duly adopted by the Member on behalf of the Company. The officers of the Company may include a president, vice presidents, an executive vice president, a secretary, a treasurer, and such other officers as the Member deems appropriate. The officers of the Company will be entitled to such compensation for their services as the Member may reasonably determine from time to time. Unless otherwise specified by the Member, the following officers shall have the authority to engage in the activities set forth with respect to their respective offices:
Delegation of Authority to Officers. The Board shall have the authority to adopt resolutions providing for delegations of authority to the Officers of the Company.
Delegation of Authority to Officers. Subject to the approval of the Members, the Manager may designate one or more Persons, including its Affiliates, as officers of the Company. The officers shall have the authority to act for and bind the Company, to the extent of the authority granted to them by the Members. The officers of the Company may include a chairman, chief executive officer, president, vice presidents, a secretary and such other officers as the Manager deems appropriate in the exercise of its discretion. The officers of the Company will not be entitled to compensation for their services except in accordance with an Approved Budget.
Delegation of Authority to Officers. The delegation of authority set forth in this Schedule 3(b) applies to the Partnership and each of its subsidiaries, including all their operating units and divisions. For this purpose, subsidiaries shall mean each legal entity controlled directly or indirectly by the Partnership through ownership, by contract, or otherwise. All actions taken by any officer in accordance with this Schedule 3(b) and the terms of this Agreement shall constitute actions of the Partnership.
Delegation of Authority to Officers. The Board of Managers may delegate such general or specific authority to the officers of the Company as it may from time to time consider desirable, and the officers of the Company may, subject to any restraints or limitations imposed by the Board of Managers, exercise any authority granted to them.
Delegation of Authority to Officers. The Managers shall elect one or more individuals to hold the offices set forth below, which individuals when elected shall have and exercise delegated authority of the Board as set forth below (no officer shall be deemed a "manager" (within the meaning of the Act) of the LLC unless such person also serves as a Manager):
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Delegation of Authority to Officers. The Committee may delegate, on such terms and conditions as it determines in its sole and plenary discretion, to one or more officers of the Company the authority to make grants of Awards to officers (other than any officer subject to Section 16 of the Exchange Act), employees and consultants of the Company and its Affiliates (including any prospective officer (other than any such officer who is expected to be subject to Section 16 of the Exchange Act), employee or consultant) and all necessary and appropriate decisions and determinations with respect thereto.
Delegation of Authority to Officers. The Manager may appoint individuals to act as Officers from time to time and may delegate power and authority to one or more such Officers of the Company. The Manager may remove an Officer at any time and from time to time (with or without cause) and replace such Officer with a successor. An Officer may resign at any time upon notice to the Manager.
Delegation of Authority to Officers. To the extent that the Board determines that it is reasonably necessary for the orderly and timely administration of the business and affairs of the LLC, it may from time to time delegate a portion of its power and authority to one or more Persons who may, but need not, be Members by written resolution of the Board, which resolution shall specify the nature, extent and duration of the Board’s delegation and identify the Person or Persons, by name or by title or by position to whom such power and authority is delegated. The Board shall also have the authority to determine the titles of Persons who perform services for the LLC and to require the use of such titles when such Persons identify themselves to others as associated with the LLC, which titles may include president, chairman, chief executive officer, director, manager, vice president, treasurer or such other titles as the Board may determine, and to remove any such Person at any time for any reason. Axxxxx Xxxxx is the LLC’s current Chief Executive Officer.
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