Common use of Powers and Duties of Managing Member Clause in Contracts

Powers and Duties of Managing Member. (a) Except as otherwise expressly provided in this Agreement, all management powers over the business and affairs of the Company are and shall be exclusively vested in the Managing Member, and no other Member shall have any right to participate in or exercise control or management power over the business and affairs of the Company. The Managing Member may not be removed by the Members with or without cause, except with the consent of the Managing Member. In addition to the powers now or hereafter granted to the Managing Member under applicable law or that are granted to the Managing Member under any other provision of this Agreement, the Managing Member, subject to the other provisions hereof including, Section 6.4, shall have full power and authority to do all things deemed necessary or desirable by it to conduct the business of the Company and to effectuate the purposes set forth in Section 2.3 hereof, including:

Powers and Duties of Managing Member. (a) Except as otherwise expressly provided in this Agreement, all management powers over the business and affairs of the Company are and shall be exclusively vested in the Managing Member, and no other Member shall have any right to participate in or exercise control or management power over the business and affairs of the Company. The Managing Member may not be removed by the Members with or without cause, except with the consent of the Managing Member. In addition to the powers now or hereafter granted to the Managing Member under applicable law or that are granted to the Managing Member under any other provision of this Agreement, the Managing Member, subject to the other provisions hereof including, the definition of Managing Member and Section 6.4, shall have full power and authority to do all things deemed necessary or desirable by it to conduct the business of the Company and to effectuate the purposes set forth in Section 2.3 hereof, including: