Managing Member May Appoint Officers. The Managing Member may appoint officers of the Company. The officers of the Company shall be responsible for the day-to-day business, operations and affairs of the Company, shall have such powers as conferred on them by the Managing Member and shall have the authority to bind the Company through the exercise of such powers subject to, and to the extent consistent with, the terms hereof. The officers of the Company shall (i) be appointed and be subject to removal by the Managing Member and (ii) operate as an autonomous management group, accountable only to the Managing Member. The initial officers of the Company are listed on Schedule I hereto.
Appears in 3 contracts
Samples: Collington Services (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)
Managing Member May Appoint Officers. The Managing Member may appoint officers of the Company, including a Chief Executive Officer. The officers of the Company shall be responsible for the day-to-day business, operations and affairs of the Company, shall have such powers as conferred on them by the Managing Member and shall have the authority to bind the Company through the exercise of such powers subject to, and to the extent consistent with, the terms hereof. The officers of the Company shall (i) be appointed and be subject to removal by the Managing Member and (ii) operate as an autonomous management group, accountable only to the Managing Member. The initial officers of the Company are listed on Schedule I hereto.
Appears in 3 contracts
Samples: Albertsons Companies (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.), King Merger Sub Ii LLC (King Merger Sub II LLC)
