Common use of Powers of the Board of Managers Clause in Contracts

Powers of the Board of Managers. Except as otherwise provided hereunder, the business and affairs of the Company shall be managed by the Board of Managers. Any decision or act of the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Catenary Coal Holdings Inc), Limited Liability Company Agreement (Catenary Coal Holdings Inc), Limited Liability Company Agreement (ICG Knott County, LLC)

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Powers of the Board of Managers. Except Other than as otherwise provided hereunderspecifically limited by this Agreement or applicable law, the business and affairs of the Company shall be managed by the Board of Managers. Any decision or act of the Board of Managers within shall have all necessary powers to carry out the scope purposes and conduct the business of its power and authority granted hereunder shall control and shall bind the Company., including the authority, right and power on behalf of the Company to:

Appears in 9 contracts

Samples: Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.)

Powers of the Board of Managers. Except as otherwise provided hereunder, the business and affairs of the Company shall be managed by the Board of Managers. Any decision or act of the The Board of Managers within shall have the scope power to do any and all acts necessary, convenient or incidental to or for the furtherance of its power the purposes described herein, including all powers, statutory or otherwise, and authority granted hereunder shall control and shall to bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)

Powers of the Board of Managers. Except as otherwise provided hereunderWithout in any way limiting the generality of the foregoing, but subject to the express provisions of this Agreement, the business and affairs board of managers shall have, on behalf of the Company, all rights and powers that may be possessed by a manager under the Act, to the extent granted by this Agreement, to manage and administer the Company shall be managed by in accordance with the Board terms of Managers. Any decision this Agreement and to perform all acts which it may, in its sole discretion, deem necessary or act of desirable, including, but not limited to, the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company.to:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Autobytel Inc)

Powers of the Board of Managers. Except as otherwise expressly provided hereunderby applicable law or this Agreement, the Board of Managers shall, consistent with any resolution of the Members Meeting, administer the business and property of the Company and manage the affairs of the Company and shall be managed by have full authority to do so, provided that its resolutions and acts are consistent with the Board of ManagersCode, this Agreement and the Organizational Documents. Any decision or act Subject to the foregoing, the functions and powers of the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company.include, but not be limited to:

Appears in 2 contracts

Samples: Members Agreement (Dan River Inc /Ga/), Members Agreement (Dan River Inc /Ga/)

Powers of the Board of Managers. Except Subject to any vote or consent of Members as otherwise provided hereundermay be expressly required under the Act or any provision of this Agreement (unless not permitted under the Act or other applicable Legal Requirement), the Board of Managers shall have the power and authority, on behalf of and in the name of the Company, to do all things necessary or convenient to carry out the business and affairs of the Company shall be managed by the Board of Managers. Any decision or act of the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company.

Appears in 1 contract

Samples: Operating Agreement (Midamerican Funding LLC)

Powers of the Board of Managers. (a) Except as otherwise provided hereunderspecifically reserved to the Member in this Agreement, the Board of Managers shall have complete discretion, power and authority in the management and control of the business of the Company, shall make all decisions affecting the business of the Company and shall manage and control the affairs of the Company shall be managed by to carry out the Board business and purposes of Managersthe Company. Any decision or act Without limiting the generality of the foregoing, the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company.is hereby authorized:

Appears in 1 contract

Samples: Operating Agreement (Covanta Energy Corp)

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Powers of the Board of Managers. Except as otherwise provided hereunderSubject to the limitations imposed pursuant to the terms of this Agreement or by operation of law, the business Company, and affairs the Board on behalf of the Company Company, (i) shall be managed by the Board of Managers. Any decision have and exercise all powers necessary, convenient or act incidental to accomplish its purposes as set forth in Section 1.3 and (ii) shall have and exercise all of the Board of Managers within powers and rights conferred upon limited liability companies formed pursuant to the scope of its power and authority granted hereunder shall control and shall bind the CompanyAct.

Appears in 1 contract

Samples: Operating Agreement (Dictionary.com, LLC)

Powers of the Board of Managers. Except as otherwise provided hereunderset forth in this Agreement, the Board of Managers shall have full, exclusive and complete discretion, power and authority, subject in all cases to the requirements of applicable law, to manage, control, administer and operate the business and affairs of the Company shall be managed by for the Board of Managers. Any decision or act of the Board of Managers within the scope of its power purposes herein stated, and authority granted hereunder shall control to make all decisions affecting such business and shall bind the Companyaffairs.

Appears in 1 contract

Samples: Operating Agreement (First Advantage Corp)

Powers of the Board of Managers. Except (a) Subject to any vote or consent of Members as otherwise provided hereundermay be expressly required under the Act or any provision of this Agreement (unless not permitted under the Act or other applicable Legal Requirement), the Board of Managers shall have the power and authority, on behalf of and in the name of the Company, to do all things necessary or convenient to carry out the business and affairs of the Company shall be managed by the Board of Managers. Any decision or act of the Board of Managers within the scope of its power and authority granted hereunder shall control and shall bind the Company., including, without limitation:

Appears in 1 contract

Samples: Operating Agreement (NHP Inc)

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