Examples of Managing Member in a sentence
Xxxxxx Xxxxx, Xxx Xxxxx, XX 00000 CHARTER ASSET MANAGEMENT FUND, L.P. By: Charter Asset Management GP LLC., A Delaware limited liability company Its: General Partner By: Name: Xxxx Xx Title: Managing Member Address for Notices: 000 X.
Notwithstanding the foregoing, the Company shall not bear any obligations with respect to income tax of the Managing Member or any payments made pursuant to the Tax Receivable Agreement other than in a manner that is expressly contemplated under this Agreement or the Tax Receivable Agreement.
The internal affairs of the Company and the conduct of its business shall be regulated by this Agreement, and to the extent not provided for herein, shall be determined by the Managing Member.
Any distributions in kind shall be made at such times and in such amounts as the Managing Member, in its sole discretion, shall determine based on their fair market value as determined by the Managing Member in the same proportions as if distributed in accordance with Section 5.03(b), with all Members participating in proportion to their respective Percentage Interests.
The Managing Member may appoint individuals as officers (“Officers”) of the Company, which may include such officers as the Managing Member determines are necessary and appropriate.