Common use of DELEGATION TO PARTICULAR MEMBER Clause in Contracts

DELEGATION TO PARTICULAR MEMBER. The Executive Committee by Unanimous Vote, may delegate to one (1) or more Members, in writing, such authority and duties as the Executive Committee may deem advisable, including its authority under Section 8.1 hereof. Decisions or actions taken by any such Member in accordance with the provisions of this Agreement shall constitute decisions or actions by the Company and shall be binding on each Member, Representative, Officer and employee of the Company. Any delegation pursuant to this Section 8.11 may be revoked at any time by the Executive Committee. With respect to duties discharged hereunder by a Member (a) such Member may discharge such duties through the personnel of an Affiliate of such Member and (b) unless the Members otherwise agree, the Company shall compensate such Member (or its Affiliate, as applicable) for the performance of such duties as set forth in the Operating Policy.

DELEGATION TO PARTICULAR MEMBER. The Executive Committee by Unanimous Vote, may delegate to one (1) or more Members, in writing, such authority and duties as the Executive Committee may deem advisable, including its authority under Section 8.1 hereof. Decisions or actions taken by any such Member in accordance with the provisions of this Agreement shall constitute decisions or actions by the Company and shall be binding on each Member, Representative, Officer and employee of the Company. Any delegation pursuant to this Section 8.11 may be revoked at any time by the Executive Committee. With respect to duties discharged hereunder by a Member (a) such Member may discharge such duties through the personnel of an Affiliate of such Member Member, and (b) unless the Members otherwise agree, the Company shall compensate such Member (or its Affiliate, as applicable) for the performance of such duties as set forth in the Operating Policy.