Common use of Rights, Powers and Obligations of Manager Clause in Contracts

Rights, Powers and Obligations of Manager. The Company is organized as a “member-managed” limited liability company. The Member is designated as the initial managing member.

Appears in 66 contracts

Samples: Single Member Operating Agreement, Single Member Operating Agreement, Single Member Operating Agreement

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Rights, Powers and Obligations of Manager. The Company is organized as a “member-managed” limited liability company. The Member is designated as the initial managing member.. d.)

Appears in 1 contract

Samples: Operating Agreement

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