Common use of Member Managed Clause in Contracts

Member Managed. The management of the Company shall be vested solely in the Member, who shall have all powers to control and manage the business and affairs of the Company and may exercise all powers of the Company. All instruments, contracts, agreements and documents shall be valid and binding on the Company if executed by the Member.

Appears in 10 contracts

Sources: Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc)

Member Managed. The management of the Company shall be vested solely in the Member, who Member shall have all powers the exclusive power and authority to control and manage the business and affairs of the Company and may exercise to make all powers decisions with respect thereto. Except as otherwise expressly provided in this Agreement, the Member or persons designated by the Member, including officers and agents appointed by the Member, shall be the only persons authorized to execute documents on behalf of the Company. All instruments, contracts, agreements and documents shall be valid and binding on the Company if executed by the Member.

Appears in 6 contracts

Sources: Limited Liability Company Agreement (Boston Gear LLC), Limited Liability Company Agreement (Boston Gear LLC), Limited Liability Company Agreement (Boston Gear LLC)

Member Managed. The management of the Company shall be vested solely in the Member, who shall have all powers to control and manage the business and affairs of the Company and may exercise all powers of the Company. All instruments, contracts, agreements and documents shall be valid and binding on the Company if executed managed by the Member. The Member will have full power and authority to do any and all acts necessary or convenient to or for the furtherance of the purposes described herein and to approve, execute and deliver any and all agreements, certificates or any other documents for and on behalf of the Company in its full discretion.

Appears in 2 contracts

Sources: Operating Agreement (SNR Wireless LicenseCo, LLC), Operating Agreement (SNR Wireless LicenseCo, LLC)

Member Managed. The management Management of the Company shall be vested solely and exclusively in the Sole Member, who . The Sole Member shall have the full power and authority to do any and all powers acts necessary, convenient or incidental to control and manage or for the business and affairs furtherance of the Company and may exercise all powers of purposes described in this Agreement. The Sole Member has the authority to bind the Company. All instruments, contracts, agreements and documents shall be valid and binding on the Company if executed by the Member.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Care Capital Properties, Inc.)

Member Managed. The management of the Company shall be vested solely in the Member, who shall have all powers the sole and exclusive power and authority to control and manage the business and affairs act on behalf of the Company and may exercise all powers of the Company. All instruments, contracts, agreements and documents shall be valid and binding on bind the Company if executed by with respect to any lawful business in which the MemberCompany is permitted to be engaged under the Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (AmSurg Rockledge FL Anesthesia, LLC)