Management and Control. (a) The sole Member, in its capacity as such: (i) shall not participate in the management or control of the business of, or transact any business for or on behalf of, the Company; (ii) shall have no voting rights, except as specifically provided in this Agreement; and (iii) shall have no power to sign for or bind the Company. The Sole Member shall, however, have the approval rights expressly set forth elsewhere in this Agreement or specifically required by the Act.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Brooks Pharmacy, Inc.), Limited Liability Company Agreement (Brooks Pharmacy, Inc.), Limited Liability Company Agreement (Brooks Pharmacy, Inc.)
