Common use of Member Managed Clause in Contracts

Member Managed. The business and affairs of the Company shall be managed by or under the direction of the Member.

Appears in 26 contracts

Sources: Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Power, LLC)

Member Managed. The management and business and affairs of the Company shall be managed by or under the direction of vested in the Member.

Appears in 2 contracts

Sources: Operating Agreement (Indigent Care Services of Northeast Louisiana, Inc.), Operating Agreement (Indigent Care Services of Northeast Louisiana, Inc.)

Member Managed. The business and affairs of the Company shall be managed by or under the direction of the Member.

Appears in 1 contract

Sources: Operating Agreement (Pacific Energy Partners Lp)

Member Managed. The business and affairs of the Company shall be managed by or under the direction of the Memberits members.

Appears in 1 contract

Sources: Operating Agreement (O Gara Co)