Common use of Powers; Management Clause in Contracts

Powers; Management. A. Except as specifically provided otherwise in this Agreement, the management and control of the business and affairs of the Company shall to the maximum extent permitted under applicable law be vested exclusively in the Board of Representatives of the Company (the “Board”), which shall possess all rights and powers of managers as provided in the Act and otherwise by Law. Except as otherwise expressly provided for herein, the Members hereby consent to the exercise by the Board of all such powers and rights conferred on them by the Act or otherwise by law with respect to the management and control of the Company. No Member and no Representative, in its capacity as such, shall have any power to act for, sign for, or do any act that would bind the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Vanguard Health Systems Inc), Limited Liability Company Agreement (Vanguard Health Systems Inc), Limited Liability Company Agreement (Vanguard Health Systems Inc)

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Powers; Management. A. Except as specifically provided otherwise in this Agreement, the management and control of the business and affairs of the Company shall to the maximum extent permitted under applicable law be vested exclusively in the Board of Representatives of the Company (the “Board”), which shall possess all rights and powers of managers as provided in the Act and otherwise by Law. Except as otherwise expressly provided for herein, the Members hereby consent to the exercise by the Board of all such powers and rights conferred on them by the Act or otherwise by law with respect to the management and control of the Company. No Member and no Representative, in its capacity as such, shall have any power to act for, sign for, or do any act that would bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Central Texas Corridor Hospital Company, LLC), Limited Liability Company Agreement (Central Texas Corridor Hospital Company, LLC), Limited Liability Company Agreement (Central Texas Corridor Hospital Company, LLC)

Powers; Management. A. (a) Except as specifically provided otherwise in this Agreement, the management and control of the business and affairs of the Company shall to the maximum extent permitted under applicable law be vested exclusively in the Board of Representatives of the Company (the “Board”), which shall possess all rights and powers of managers as provided in the Act and otherwise by Law. Except as otherwise expressly provided for herein, the Members hereby consent to the exercise by the Board of all such powers and rights conferred on them by the Act or otherwise by law with respect to the management and control of the Company. No Member and no Representative, in its capacity as such, shall have any power to act for, sign for, or do any act that would bind the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Central Texas Corridor Hospital Company, LLC), Limited Liability Company Agreement (Vanguard Health Systems Inc), Limited Liability Company Agreement (Central Texas Corridor Hospital Company, LLC)

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Powers; Management. A. Except as specifically provided otherwise in this Agreement, the management and control of the business and affairs of the Company shall to the maximum extent permitted under applicable law be vested exclusively in the Board of Representatives of the Company (the "Board"), which shall possess all rights and powers of managers as provided in the Act and otherwise by Law. Except as otherwise expressly provided for herein, the Members hereby consent to the exercise by the Board of all such powers and rights conferred on them by the Act or otherwise by law with respect to the management and control of the Company. No Member and no Representative, in its capacity as such, shall have any power to act for, sign for, or do any act that would bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (VHS of Anaheim Inc), Limited Liability Company Agreement (VHS of Anaheim Inc)

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