Common use of Powers of Managing Member Clause in Contracts

Powers of Managing Member. The Managing Member shall have the right, power and authority, in the management of the business and affairs of the Company, to do or cause to be done any and all acts deemed by the Managing Member to be necessary or appropriate to effectuate the business, purposes and objectives of the Company at the expense of the Company, including but not limited to the execution of all documents or instruments in all matters necessary, desirable, convenient or incidental to the purpose of the Company or the making of investments of Company funds.

Appears in 2 contracts

Samples: Limited Liability Company (Interstate Equipment Leasing, LLC), Limited Liability Company Agreement (Wire Harness Industries Inc)

AutoNDA by SimpleDocs

Powers of Managing Member. The Subject to the remaining provisions of this Article 6, the Managing Member shall have the right, power and authority, in the management of the business and affairs of the Company, to do or cause to be done any and all acts deemed by the Managing Member to be necessary or appropriate to effectuate the business, purposes and objectives of the Company at the expense of the Company, including but not limited to the execution of all documents or instruments in all matters necessary, desirable, convenient or incidental to the purpose of the Company or the making of investments of Company funds.

Appears in 1 contract

Samples: Limited Liability (Handspring Inc)

Powers of Managing Member. The Managing Member shall have the right, power and authority, in the management of the business and affairs of the Company, to do or cause to be done any and all acts deemed by the Managing Member to be necessary or appropriate to effectuate the business, purposes and objectives of the Company at the expense of the Company, including but not limited to the execution and acknowledgment of all documents or instruments in all matters necessary, desirable, convenient or incidental to the purpose of the Company or the making of investments of Company funds.

Appears in 1 contract

Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

AutoNDA by SimpleDocs

Powers of Managing Member. The Managing Member shall have the right, power and authorityauthority to take all such actions as it deems proper, in the management of convenient or advisable to carry on the business and affairs purposes of the Company, Company and to do or cause to be done exercise any and all acts deemed by of the powers of the Company set forth or implied herein, and will have the authority to bind the Company. Without limiting the foregoing, the Managing Member shall have the power and authority to be necessary or appropriate to effectuate the business, purposes and objectives of cause the Company at the expense of the Company, including but not limited to the execution of all documents or instruments in all matters necessary, desirable, convenient or incidental to the purpose of the Company or the making of investments of Company funds.to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Seven Arts Pictures PLC)

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