Limitations on Authority of Manager. Notwithstanding any other provision in this Agreement to the contrary, MANAGER shall have no authority to engage or discharge any accountants, auditors or attorneys without the written consent of OWNER. Further, MANAGER shall have no authority to pay to itself the Incentive Bonus until MANAGER and OWNER approve the financial statements for the applicable quarter, in accordance with paragraph 9 below. Unless otherwise authorized by OWNER and except as provided in paragraphs 3 and 4, MANAGER shall have no authority regarding any matter not provided for under this Agreement.
Limitations on Authority of Manager. Manager's authority hereunder shall be ----------------------------------- limited to carrying out the objectives of this Agreement and the plans and budgets approved by Owner and to do all things reasonably necessary to carry out such objectives; provided, however, that Manager shall have no power to lease, sell convey, or encumber the Land or any part thereof or any Improvements, or take any action which is contrary to the specific directions or written instructions given to the Manager by Owner, which directions will be consistent with the objectives of this Agreement. Manager may not remove Improvements from the Land except to obtain repairs or for storage, without the written consent of Owner. For purposes of this Agreement, Owner shall appoint in writing a designated representative for purposes of communicating with Manager. Manager may rely upon the instructions of such representative and disregard the instructions of any other person purporting to speak on behalf of Owner.
Limitations on Authority of Manager. The Manager shall have no authority to:
Limitations on Authority of Manager. Notwithstanding the grant of authority to the Manager under this Article V, the Manager may not authorize the Company to take any of following actions without the approval of all of the Members:
Limitations on Authority of Manager. Notwithstanding any other provision hereof, the Manager shall not have the authority to do the following acts without a Majority Vote of the Members:
Limitations on Authority of Manager. Notwithstanding anything to the contrary set forth in this Agreement (other than the provisions of Section 4.4), without the written consent or ratification of the specific act by the Member, the Manager shall have no authority to:
Limitations on Authority of Manager. The authority of the Association and its capacity to manage the Center shall be subject to the following:
Limitations on Authority of Manager. Unless having first obtained the consent of the Members, the Manager shall not authorize the substitution of any new Manager or incur any indebtedness on behalf of the Company for which the Members would be personally liable. As used in this Agreement, the consent of the Members means consent of the holders of more than 50% of the units, which consent shall be obtained in writing within 60 days of written notice of the action requiring such consent given to all Members. The Members may take any action by meeting or by written action without meeting.
Limitations on Authority of Manager. Notwithstanding the rights and powers of Manager pursuant to Section 2, Manager shall have no right or authority to do any of the following without the prior written consent of Owner or, as applicable, an Affected Subsidiary:
Limitations on Authority of Manager. In addition to any other --------------------------- ------- limitations on the powers and authority of Manager as set forth herein, except for transactions in the ordinary course of business, Manager shall have no authority to (i) sell or purchase all or any part of the Facility or (ii) cause Owner to acquire any other business entities or sell all or substantially all of the assets thereof.
