Powers of the Management Committee. Except as specifically provided herein, the Management Committee shall have no power to cause the Company to do any act, but shall have such approval and other authority as expressly provided hereunder. Following an Event of Default, the Management Committee shall have the authority to remove the Company’s and its Subsidiaries’ independent auditors and to select the replacement of new auditors so long as such auditors are reasonably acceptable to the independent auditors of NutraCea for purposes of providing any necessary reports and consents in NutraCea’s periodic filings with the SEC.
Powers of the Management Committee. The Management Committee 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, at the expense of the Company, any and all acts deemed by the Management Committee to be necessary or appropriate to effectuate the business, purposes and objectives of the Company. Without limiting the generality of the foregoing, the Management Committee shall have the power and authority to:
Powers of the Management Committee. (a) The Management Committee shall be responsible for management of the business and affairs of the Partnership subject to the delegation of powers and duties to officers of the Partnership and other Persons as provided below. All powers of the Partnership, except those specifically reserved or granted to the Partners by statute or this Agreement, are hereby granted to and vested in the Management Committee, and the Management Committee shall have full authority, discretion and power with respect to all Partnership actions and the execution of all instruments or other documents necessary or appropriate in connection therewith. The Management Committee shall have the power to delegate authority in writing to such officers, employees, agents and representatives of the Partnership as it from time to time may deem appropriate, but subject to such exceptions and conditions as the Management Committee may determine for the purposes of limiting the scope of any such delegation of authority, and subject to revocation of such delegated authority by further action of the Management Committee at any time. Any delegation of authority to take any action must be approved in the same manner as would be required for the Management Committee to directly approve such action.
Powers of the Management Committee. In addition to that contemplated above, the Management Committee shall have the power to do the following upon the affirmative vote of the representatives appointed by Persons holding, in aggregate, a majority of the Units of Series SEL Voting Interest, without the consent of the Members:
Powers of the Management Committee. The Management Committee is authorized on the Company’s behalf to make all decisions as to:
Powers of the Management Committee. 4.1 A meeting of the management committee at which a quorum is present shall be empowered to exercise the functions of the joint venturers under this agreement, except for the following purposes:
Powers of the Management Committee. Without limiting the general powers of the management committee described in this section, the management committee is specifically empowered to do the following:
Powers of the Management Committee. Except as otherwise provided in this Agreement, the Certificate of Formation or the Act, the Management Committee shall have full, exclusive and complete power and authority to manage and control the business and affairs of the Company. The powers and authority of the Management Committee shall include, without limitation, the power and authority to:
Powers of the Management Committee. Except as set forth in Section 3.10 above, the Management Committee shall have the power to do the following, without the consent of the Members; provided, however, that any such action affecting the rights, obligations, assets or business of a Series must also be approved by the Management Committee of SEL and/or CEL, as applicable:
Powers of the Management Committee. Except as specifically provided herein, the Management Committee shall have no power to cause the Company to do any act, but shall have approval authority as expressly provided hereunder.
