Common use of Management by Member Clause in Contracts

Management by Member. The Company shall be managed by the Member. The Member may exercise all such powers and do all such lawful acts and things as are permitted by the Act and this Agreement.

Appears in 6 contracts

Samples: Operating Agreement (Wcof, LLC), Limited Liability Company Agreement (Wcof, LLC), Operating Agreement (Wcof, LLC)

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Management by Member. The Company shall be managed by the its Member. The Member may exercise all such powers and do all such lawful acts and things as are permitted by the Act and this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Wcof, LLC)

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Management by Member. The Company shall be managed by the Member. The Member may exercise all such powers and do all such lawful acts and things as are permitted by the Act and or this Agreement. The Member may, from time to time, amend this Agreement by written instrument. All actions taken by the Member on behalf of the Company from the date of its formation to the date of this Agreement are hereby ratified and confirmed.

Appears in 1 contract

Samples: Operating Agreement (Basic ESA, Inc.)

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