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

Samples: Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Keystone Automotive Operations Inc)

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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

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

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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

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

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