Common use of Powers and Duties of the Managers Clause in Contracts

Powers and Duties of the Managers. The business and affairs of the ------------------------------------- Company shall be managed under the direction of the Managers, who shall have and may exercise on behalf of the Company all of its rights, powers, duties and responsibilities under Section 1.2 or as provided by law, including without limitation the right and authority:

Appears in 6 contracts

Samples: Operating and Joint Venture Agreement (Afg Investment Trust C), Operating and Joint Venture Agreement (Semele Group Inc), Operating and Joint Venture Agreement (Semele Group Inc)

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Powers and Duties of the Managers. The business and affairs of the ------------------------------------- Company shall be managed under the direction of the Managers, who shall have and may exercise on behalf of the Company all of its rights, powers, duties and responsibilities under Section 1.2 or as provided by law, including without limitation the right and authority:

Appears in 3 contracts

Samples: Exchange Agreement (Banyan Strategic Land Fund Ii), Operating Agreement (Keyspan Corp), Operating Agreement (Keyspan Corp)

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Powers and Duties of the Managers. The business and affairs of the ------------------------------------- --------------------------------- Company shall be managed under the direction of the Managers, who shall have and may exercise on behalf of the Company all of its rights, powers, duties and responsibilities under Section 1.2 or as provided by law, including without limitation the right and authority:

Appears in 3 contracts

Samples: Operating Agreement (Afg Investment Trust B), Efg Kirkwood (Afg Investment Trust C), Efg Kirkwood (Afg Investment Trust D)

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