Common use of Management Authority Clause in Contracts

Management Authority. Except as specifically set forth herein, the business and affairs of the Company shall be managed by or under the direction of the Member. The Member shall have full, exclusive and complete discretion to manage and control the business and affairs of the Company, to make all decisions affecting the business and affairs of the Company and to take all such actions as it deems necessary or appropriate to accomplish the purposes of the Company as set forth herein. The Member of the Company is expected to exercise its business judgment based upon its assessment of the best interests of the Company.

Management Authority. Except as specifically set forth herein, the business and affairs Management of the Company shall be managed by or under completely vested in the direction Members. The Members are expressly authorized on behalf of the Member. The Member shall have full, exclusive and complete discretion to manage and control the business and affairs of the Company, Company to make all decisions affecting with respect to the Company's business and affairs of the Company and to take all actions necessary to carry out such actions as it deems necessary decisions. The selling or appropriate to accomplish encumbering of any of the purposes assets of the Company as set forth herein. The Member other than in the ordinary course of business (which shall in all events include borrowing money or acquiring assets or allow any financial instrument be entered into on behalf of the Company is expected to exercise its business judgment based upon its assessment which will encumber the assets of the best interests Company by lien or otherwise) shall require the unanimous approval of the CompanyVoting Members.