Common use of Management by the Board of Managers Clause in Contracts

Management by the Board of Managers. Except for matters required by this Agreement to be approved by the Members or as provided in nonwaivable provisions of the Act, the business and affairs of the Company shall be managed and the powers of the Company shall be exercised by or under the direction of a board of managers (the “Board of Managers” or the “Board”). Each member of the Board of Managers is referred to herein as a “Manager” and collectively as the “Managers.”

Management by the Board of Managers. Except for matters cases in which the approval of the Members is expressly required by this Agreement to be approved or by the Members or as provided in nonwaivable provisions of applicable law, and subject to the Actprovisions of Section 6.2, the business and affairs of the Company shall be managed and 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 of, a board of managers (the “Board of Managers” or the “Board”). Each member of the Board of Managers is referred to herein as a “Manager” and collectively as the “Managers.”

Management by the Board of Managers. Except for matters cases in which the approval of the Capital Members is expressly required by this Agreement to be approved or by the Members or as provided in nonwaivable non-waivable provisions of applicable law, the Actpowers, business and affairs of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed and the powers of the Company shall be exercised by or under the direction of of, a single board of managers (the “Board of Managers” or the “Board”). Each member of the Board of Managers is referred to herein as a “Manager” and collectively as the “Managers.”

Management by the Board of Managers. Except for matters cases in which the approval of the Members is expressly required by this Agreement to be approved or by the Members or as provided in nonwaivable non-waivable provisions of applicable law, the Actpowers, business and affairs of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed and the powers of the Company shall be exercised by or under the direction of of, a single board of managers (the “Board of Managers” or the “Board”). Each member of the Board of Managers is referred to herein as a “Manager” and collectively as the “Managers.”