No Duty to Consult. Except as otherwise provided herein, the Managers shall have no duty or obligation to consult with or seek the advice of the Members in connection with the conduct of the business of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (RoomStore, Inc.), Operating Agreement (Owens & Minor Distribution, Inc.)
No Duty to Consult. Except as otherwise provided herein, the Managers Manager shall have no duty or obligation to consult with or seek the advice of the Members in connection with the conduct of the business of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Operating Agreement, Limited Liability Company Operating Agreement (Liquid Holdings Group LLC)
No Duty to Consult. Except as otherwise provided hereinherein or in the Act, the Board of Managers shall have no duty or obligation to consult with or seek the advice of the Members in connection with the conduct of the business of the Company.
Appears in 1 contract
Samples: Operating Agreement (CBQ Inc)
No Duty to Consult. Except as otherwise specifically provided herein, the Managers Manager shall have no duty or obligation to consult with or seek the advice of the Members in connection with the conduct of the business of the CompanyMembers.
Appears in 1 contract
Samples: LLC Operating Agreement
No Duty to Consult. Except as otherwise provided hereinherein or by applicable Law, the Managers shall Managing Member will not have no a duty or obligation to consult with or seek the advice of the Members in connection with on any matter relating to the conduct day-to-day business affairs of the business Company duly delegated to the Managing Member; provided, however, that the Managing Member will not be restricted from consulting with or seeking the advice of the Companyother Members.
Appears in 1 contract
No Duty to Consult. Except as otherwise provided hereinherein or by applicable Law, the Managers shall Managing Member will not have no a duty or obligation to consult with or seek the advice of the Members in connection with on any matter relating to the conduct day-to-day business affairs of the business Company duly delegated to the Managing Member pursuant to this Agreement; provided, however, that the Managing Member will not be restricted from consulting with or seeking the advice of the Companyother Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC)
