Common use of Management by Members Clause in Contracts

Management by Members. (a) All powers to control and manage the Business and affairs of the Company shall be exclusively vested in the Members and the Members may exercise all powers of the Company and do all such lawful acts as are not by statute, the Certificate or this Agreement prohibited, and in so doing shall have the right and authority to take all actions which the Members deem necessary, useful or appropriate for the management and conduct of the Business.

Management by Members. (a) All powers to control and manage the Business and affairs of the The Company shall be exclusively vested managed by the Members. Except as otherwise provided in this Agreement, the Members shall have the power to exercise any and the Members may exercise all rights or powers of the Company and do all such lawful acts and things in the ordinary course of its business as are not by statute, the Certificate Act or this Agreement prohibited, and in so doing shall have the right and authority directed or required to take all actions which the Members deem necessary, useful be exercised or appropriate for the management and conduct done by vote of the BusinessMembers.