Common use of Participation in Management Clause in Contracts

Participation in Management. Except as otherwise provided herein, the Members shall not participate in the management or control of the Company's business nor shall they transact any business for the Company, nor shall they have the power to act for or bind the Company, said powers being vested solely and exclusively in the Manager.

Participation in Management. Except as otherwise provided herein, the Members shall not participate in the management or control of the Company's business Business nor shall they transact any business for the Company, nor shall they have the power to act for or bind the Company, said powers being vested solely and exclusively in the ManagerManagement Committee.

Participation in Management. Except as otherwise provided hereinin the Articles or this Agreement, the Members shall not participate in the management or control of the business of the Company's business nor shall they , transact any business for or on behalf of the Company, nor shall they have the power to or act for or bind the Company, said those powers being vested solely and exclusively in the ManagerManagers.

Participation in Management. Except as otherwise provided hereinin this --------------------------- Agreement, the Members shall not be entitled to participate in the management of, and shall have no control over, the Company and its investments, operations and affairs, and no Member shall have any authority or control of the Company's business nor shall they transact any business for the Company, nor shall they have the power right to act for or bind the Company, said powers being Company in any matter whatsoever. The power to manage the Company shall be vested solely and exclusively in the Manager. The Members shall have only such powers as are specifically provided herein or as authorized by the Manager.