Authority of the Management Committee Sample Clauses

Authority of the Management Committee. Without limiting the generality of Section 2.01, and except as otherwise provided by this Agreement, the consent of the Management Committee shall be required for the Company to undertake, and the Management Committee shall have the right, power and authority to approve and cause the Company to undertake, all of the following actions (which actions shall be approved by a Majority of Representatives unless otherwise expressly provided below):
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Authority of the Management Committee. (a) Subject to Sections 5.6 and 6.9, the Management Committee, acting as a group, has sole authority to manage the Company and is authorized to make any contracts, enter into any transactions, and make and obtain any commitments on behalf of the Company to conduct or further the Company's business, subject to any delegation of such authority to any Officer(s) of the Company by this Agreement or resolution of the Management Committee;
Authority of the Management Committee. The general supervision and operation of the business and affairs of the LLC shall be directed by the Management Committee. The Management Committee shall delegate such responsibilities to Caruso or Sweet wxxx xespect to the operation of the business affairs of the LLC as set forth on Exhibit G attached hereto and made a part hereof. Subject to the duties and responsibilities set forth on Exhibit G and subject to the provisions of each of the License Agreement, the Supply Agreement and the Distribution Agreement, respectively. The Management Committee may authorize one or more of the Managers and/or officers to execute documents on behalf of the LLC. Sweet shall manage the financial recordkeeping and accounting affairs of the LLC and submit monthly reports to the Management Committee and the other Member which reports shall be subject to audit and verification. Anything contained herein to the contrary notwithstanding, consent of all of the Managers of the Management Committee shall be required to implement or consummate the following actions:
Authority of the Management Committee. Unless otherwise agreed to in writing by the Member, the Management Committee, by its own action or by action of a committee of the Management Committee, but not by delegation to officers or other employees of the Company, shall, in addition to the other powers granted to it in this Agreement, have the right, power and authority to take the following actions:
Authority of the Management Committee. Without limiting the generality of Section 5.1.1 hereof, but subject to the other terms of this Agreement, the Management Committee shall have all of the rights, power and authority granted by the Act to a Management Committee of a limited liability company, including, without limitation the exclusive right and power on behalf of the Company to:
Authority of the Management Committee. (a) The Management Committee shall have the authority and discretion to manage, and direct the management of, the business and affairs of the Company only to the extent expressly provided in this Agreement or to the extent delegated in writing by the Executive Committee to the Management Committee. Approval by or action taken by the Management Committee by written unanimous consent or by a simple majority vote at a meeting at which a quorum is present in accordance with this Agreement and within the scope of the authority of the Management Committee shall constitute approval or action by the Company and shall be binding on each Member. Subject to Section 2.10, the authority and responsibility of the Management Committee, subject to revocation by the Executive Committee, shall be as follows:
Authority of the Management Committee. Except as otherwise expressly provided in this Agreement, the approval of the Management Committee shall be necessary before any action can be taken by the Joint Venture or any Joint Venturer (including the Operator) on behalf of the Joint Venture. Without limiting the generality of the foregoing, the Management Committee shall approve in advance:
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Authority of the Management Committee. Except as otherwise expressly provided in this Agreement or as required by any nonwaivable provision of the Act, the Management Committee shall have the exclusive power and authority to manage the business and affairs of the Company to make all decisions affecting the business and affairs of the Company and to do or cause to be done any and all acts, at the expense of the Company as the Management Committee deems necessary or appropriate. Except as otherwise provided in this Agreement, the Management Committee and the Officers (if any), acting as such, shall have the power and authority to bind the Company, except and to the extent that such power is expressly delegated in writing to any other Person by the Management Committee, and such delegation shall not cause the Management Committee to cease to be the managing authority of the Company. The Management Committee shall be an agent of the Company’s business, and the actions of the Management Committee duly taken in such capacity and in accordance with this Agreement shall bind the Company. Except as otherwise expressly provided in this Agreement, all actions to be taken on behalf of the Company, including all decisions and determinations to be made and discretion to be exercised, shall be taken, made or exercised by the Management Committee.
Authority of the Management Committee. Subject to the provisions of this Agreement, the Management Committee shall have all powers necessary to manage and control the day-to-day activities and operations of the Company, including the power to cause the Company to take any of the actions described in Section 4.1 hereof to the extent necessary, convenient, or incidental to the accomplishment of the purposes of the Company. Without limiting the generality of the foregoing, the Management Committee, subject to the provisions of this Agreement, shall have the power on behalf of the Members, for the Company itself or for any Subsidiary, to:
Authority of the Management Committee. (a) Subject to Article IX and except as provided in Section 8.05(b):
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