Management of the LLC Sample Clauses

Management of the LLC. (a) Subject to the provisions of this Agreement and the Act, all powers shall be exercised by or under the authority of, and the business and affairs of the LLC shall be controlled by the Members.
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Management of the LLC. This LLC shall be managed by its members; however, the LLC members reserve the right to appoint managers, who may also be members, at a later date.
Management of the LLC. Except as otherwise provided in the LLC Agreement or by law, management of Promote Pool LLC is reserved to and shall be vested solely and exclusively in the Managing Member. The rights and authority of the Managing Member shall include, without limitation, the right and authority, in its sole discretion, to —
Management of the LLC. Subject to the terms and provisions of this Agreement, the Business of the LLC shall be managed by a single manager. TWC Member, as Administrative Member, is hereby designated as the sole manager of the LLC pursuant to Sections 18-101(10) and 18-401 of the Act, and shall operate the LLC solely in accordance with the Approved Business Plan and Approved Budget and this Agreement. Administrative Member shall act in good faith and in the best interests of the LLC, and shall devote such time and attention as shall be appropriate to manage and supervise the Business of the LLC properly and efficiently.
Management of the LLC. Subject to the provisions of this Agreement, the overall management and control of the business and affairs of the LLC shall be vested in the Manager, who may, in his discretion, delegate such management and control to officers of the LLC. The Manager shall devote, and shall cause the officers to devote, such time to the affairs of the LLC as may be reasonably necessary for performance of their respective duties hereunder.
Management of the LLC. The management of the Company shall be vested in (i) the Member, who shall have the power to do any and all acts necessary or convenient to or for the furtherance of the purposes described herein or, (ii) if, and to the extent, the Member so elects in its sole discretion, the person(s) appointed as officer(s) of the LLC by the Member (each and “Officer” and, collectively, the “Officers”). As of the date hereof, the Member designates the following persons as Officers to manage and control the business and affairs of the Company, subject to the review of, and consultation with, the Member: Chief Executive Officer: Axxxxx Xxxxxxxx. President: Dxx Xxxxx. Executive Vice President, Treasurer and Secretary: Jxxxxx Xxxxxx. Each of the Member and any Officer shall be an authorized person, within the meaning of the Act, for all purposes under the Act.
Management of the LLC. (a) Except as otherwise expressly provided in this Agreement or in the Bylaws or as provided in the Delaware Act, the business and affairs of the LLC shall be managed, and all actions required under this Agreement shall be determined, solely and exclusively by the Board of Directors, which shall have all rights and powers on behalf and in the name of the LLC to perform all acts necessary and desirable to the objects and purposes of the LLC, including the right to appoint Officers and to authorize any Officer to act on behalf of the LLC. Any action taken by the Board of Directors or any duly appointed and acting Officer in accordance with this Agreement or the Bylaws shall constitute the act of, and shall serve to bind, the LLC.
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Management of the LLC. (a) BOARD OF MANAGERS. The business and affairs of the LLC shall be managed by or under the direction of a Board of Managers, who may exercise all of the powers of the LLC (including, without limitation, as set forth in Section 6.01(b), but subject to the provisions of Section 6.01(c) except as otherwise provided by law or this Agreement). All management and other responsibilities not specifically reserved to the Members in this Agreement shall be vested in the Board of Managers, and the Members shall have no voting rights except as specifically provided in this Agreement or required by non-waivable provisions of applicable law. In the event of a vacancy on the Board of Managers, the remaining Managers, except as otherwise provided by law, may exercise the powers of the full Board until the vacancy is filled.
Management of the LLC. The business and affairs of the LLC shall be managed by or under the direction of any two managing Members, who may exercise all of the powers of the LLC except as otherwise provided by law or this Agreement. In the event of a vacancy of one of the managing Members, the remaining Managing Member (except as otherwise provided by law) may exercise the powers of the managing until the vacancy is filled. All management and other responsibilities not specifically reserved to the Members in this Agreement shall be vested in the managing Members, and the Members shall have no voting rights except as specifically provided below in Exhibit B. Each Manager shall devote such time to the affairs of the LLC as may be reasonably necessary for performance by the Manager of his, her or its duties hereunder [, provided that such persons shall not be required to devote full time to such affairs.] Specifically, but not by way of limitation, the Board of Managers shall be authorized in the name and on behalf of the LLC, to cause the LLC to do all things necessary or appropriate to carry on the business and purposes of the LLC, including, without limitation, the following:
Management of the LLC. (a) The business and affairs of the LLC shall be managed by or under the direction of a Board of Managers, who may exercise all of the powers of the LLC except as otherwise provided by law or this Agreement (including, without limitation, Section 4.01(b)). All management and other responsibilities not specifically reserved to the Members in this Agreement shall be vested in the Board of Managers.
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