Common use of POWERS OF MANAGERS Clause in Contracts

POWERS OF MANAGERS. The Managers are authorized to make all decisions regarding the Company’s operations and legal affairs, including but not limited to (a) the sale, development, lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's business. Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business.

Appears in 9 contracts

Samples: Limited Liability Company Operating Agreement, www.llcuniversity.com, www.llcuniversity.com

AutoNDA by SimpleDocs

POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f f) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing.

Appears in 9 contracts

Samples: Operating Agreement, Limited Liability Company Operating Agreement (Global Income Fund, Inc.), Limited Liability Company Operating Agreement (Global Income Fund, Inc.)

POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing.

Appears in 6 contracts

Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are Managers, as authorized to by Members, will make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are Managers, as authorized to by Members, will make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, . development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all alt or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, . refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments assignments, leases, . sub-leasesteases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; : (c) all alt promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are authorized to make all decisions regarding the Company’s 's operations and legal affairs, including but not limited to (a) the sale, development, lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-pre­ payment, refinancing or extension of any loan affecting the Company's assets; (f f) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's business. Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are authorized to make all decisions regarding the Company’s operations and legal affairs, including but not limited to (a) the sale, development, lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-pre- payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing including but not limited to all Company policy not set forth in this Operation Agreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

AutoNDA by SimpleDocs

POWERS OF MANAGERS. The Managers are authorized on the Company’s behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's ’s assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's ’s assets; (d) the borrowing of money and the granting of security interests in the Company's ’s assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's ’s assets; (f ) the compromise or release of any of the Company's ’s claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's company’s business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's ’s assets; (b) all checks, drafts and other orders for the payment of the Company's ’s funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business’s affairs, whether like or unlike the foregoing.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are Subject to the Company’s contractual obligations, each Manager is authorized on the Company's behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's assets, other than membership interests; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-paymentprepayment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's businessbusiness or assets. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (SNRG Corp)

POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kindsassets; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Companycompany's business. The Managers are further authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

POWERS OF MANAGERS. The Managers are authorized on the Company’s behalf to make all decisions regarding the Company’s operations and legal affairs, including but not limited as to (a) the sale, development, development lease or other disposition of the Company's ’s assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's ’s assets; (d) the borrowing of money and the granting of security interests in the Company's ’s assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's ’s assets; (f f) the compromise or release of any of the Company's ’s claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's company’s business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's ’s assets; (b) all checks, drafts and other orders for the payment of the ofthe Company's ’s funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business’s affairs, whether like or unlike the foregoing.

Appears in 1 contract

Samples: Limited Liability Company Agreement

POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all management decisions regarding the Company’s operations and legal affairsincluding, including but not limited to to, (a) the sale, development, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-paymentpre­payment, refinancing or extension of any loan affecting the Company's assets; (f f) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leasessub­leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's businessaffairs, whether like or unlike the foregoing. All management decisions are to be made by majority agreement of the Managers.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.