Common use of Managers Clause in Contracts

Managers. The Member may, from time to time, designate one or more individuals to be managers of the Company. Managers so designated will have such authority and perform such duties as the Member may from time to time delegate to them. Any manager may resign as such at any time by providing written notice to the Company. Any manager may be removed as such, either with or without cause, by the Member, in its sole discretion. The managers of the Company, if and when designated by the Member, will have the authority, acting individually, to bind the Company.

Appears in 18 contracts

Samples: Limited Liability Company Agreement (Kids Behavioral Health of Montana, Inc.), Operating Agreement (Kids Behavioral Health of Montana, Inc.), Limited Liability Company Agreement (Kids Behavioral Health of Montana, Inc.)

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