Common use of Management by Managers Clause in Contracts

Management by Managers. (a) Except as otherwise provided in this Agreement or by mandatory provisions of the Act, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, all of the Managers, and all of the Managers may make all decisions and take all actions for and on behalf of the Company not otherwise provided for in this Agreement, including, without limitation, the following:

Management by Managers. (a) Except as otherwise provided in for any matters for which the approval of the Members is required by this Agreement or by mandatory nonwaivable provisions of the Actapplicable law, (i) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, all the Board of Managers; and (ii) the Managers, and all Board of the Managers may make all decisions and take all actions for and on behalf of the Company not otherwise provided for in this Agreement, including, without limitation, the following:Company.

Management by Managers. (a) Except as otherwise provided in to the extent the approval of the Members is required by this Agreement or by mandatory nonwaivable provisions of the Actapplicable law, and subject to Section 3.2, (i) the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, all of one or more Managers (the "Managers, "); and all of (ii) the Managers may make all decisions and take all actions for and on behalf of the Company not otherwise provided for in this Agreement, including, without limitation, the following:right, power and authority on behalf of the Company to exercise all of the rights, powers and authority of the Company under the Act.

Management by Managers. (a) Except as otherwise provided for situations in this Agreement which the approval of the Members is required by these Regulations or by mandatory non-waivable provisions of the Actapplicable law, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, all of the Managers, and all of the Managers may make all decisions and take all actions for and on behalf of the Company not otherwise provided for in this Agreement, including, without limitation, the following:.