Presiding Member definition
Examples of Presiding Member in a sentence
The terms “Person” and “person” mean any natural person and any corporation, limited liability company, general or limited partnership, joint venture, trust, estate or any other organization or entity.
Special meetings of the Members, for any purpose or purposes, unless otherwise prescribed by statute, may be called by the Presiding Member or by any two Members.
The Presiding Member shall, when present, preside at all meetings of the Members, be the official spokesperson for the Company, and be the person primarily responsible for conducting transactions with the Company's Attorney(s) and Accountant(s).
Such proxy shall be filed with the Presiding Member of the Company before or at the time of the meeting.
The Presiding Member may sign, on behalf of the Company, such deeds, mortgages, bonds, contracts or other instruments which have been appropriately authorized to be executed by the Members, except in cases where the signing or execution thereof shall be expressly delegated by the Members or by this Operating Agreement or by Statute to some other Officer or agent or the Company; and, in general, he shall perform such duties as may be prescribed by the Members from time to time.