Delegation of Authority to Officers Sample Clauses

Delegation of Authority to Officers. The Member may designate one or more Persons as officers of the Company. The officers shall have the authority to act for and bind the Company to the extent of the authority granted to them in resolutions adopted by the Member on behalf of the Company. The officers of the Company may include a president, vice presidents, a secretary, a treasurer, and such other officers as the Member deems appropriate. The officers of the Company will be entitled to such compensation for their services as the Member may determine from time to time.
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Delegation of Authority to Officers. The Member may designate one or more Persons as officers of the Company. The officers shall have the authority to act for and bind the Company to the extent of the authority granted to them herein or in resolutions duly adopted by the Member on behalf of the Company. The officers of the Company may include a president, vice presidents, an executive vice president, a secretary, a treasurer, and such other officers as the Member deems appropriate. The officers of the Company will be entitled to such compensation for their services as the Member may reasonably determine from time to time. Unless otherwise specified by the Member, the following officers shall have the authority to engage in the activities set forth with respect to their respective offices:
Delegation of Authority to Officers. The Board shall have the authority to adopt resolutions providing for delegations of authority to the Officers of the Company.
Delegation of Authority to Officers. Subject to the approval of the Members, the Manager may designate one or more Persons, including its Affiliates, as officers of the Company. The officers shall have the authority to act for and bind the Company, to the extent of the authority granted to them by the Members. The officers of the Company may include a chairman, chief executive officer, president, vice presidents, a secretary and such other officers as the Manager deems appropriate in the exercise of its discretion. The officers of the Company will not be entitled to compensation for their services except in accordance with an Approved Budget.
Delegation of Authority to Officers. The delegation of authority set forth in this Schedule 3(b) applies to the Partnership and each of its subsidiaries, including all their operating units and divisions. For this purpose, subsidiaries shall mean each legal entity controlled directly or indirectly by the Partnership through ownership, by contract, or otherwise. All actions taken by any officer in accordance with this Schedule 3(b) and the terms of this Agreement shall constitute actions of the Partnership.
Delegation of Authority to Officers. The Board of Managers may delegate such general or specific authority to the officers of the Company as it may from time to time consider desirable, and the officers of the Company may, subject to any restraints or limitations imposed by the Board of Managers, exercise any authority granted to them.
Delegation of Authority to Officers. (a) The Management Committee may appoint such officers of the Company as the Management Committee may deem necessary or advisable (collectively, the “Officers”), and such Officers shall have the power, authority and duties delegated herein or otherwise by resolution of the Management Committee, in each case, to the extent the same have not previously been delegated to the Operator (pursuant to the Operating and Construction Management Agreement or otherwise); provided, however, that prior to appointing any such Officers, the Company shall notify Williston of its intent to make such appoint and provide Williston a reasonable opportunity to consult the Company with respect thereto. Officers may be given titles or may be designated as “authorized persons.” Subject to the first sentence of this Section 8.09(a), to the extent authorized by the Management Committee, any Officer may have responsibility for the management of the normal and customary day-to-day operations of the Company, provided that any delegation of authority to an Officer to take any action must be approved in the same manner as would be required for the Management Committee to approve such action directly. The Officers of the Company as of the Effective Date are set forth on Exhibit D hereto. The Officers of the Company are required to promptly notify the Management Committee of any material occurrences or incidents relating to the Business. Subject to Section 8.01(c)(xxiv), and notwithstanding anything to the contrary in this Agreement, the Management Committee may, in its sole discretion, remove any Officer with or without cause at any time.
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Delegation of Authority to Officers. The Board may, as set forth below, from time to time as it deems advisable, designate one or more individuals as officers of the Company (collectively, the “Officers”). Any such Officers shall have such titles and exercise and perform such powers and duties as may from time to time be assigned to them by the Board, subject to the restrictions and limitations set forth in Sections 4.5 and 4.6. The initial Officers are set forth on Exhibit D to this Agreement. Unless the Board decides otherwise and subject to Sections 4.5 and 4.6, if an Officer’s title is one commonly used for officers of a business corporation formed under the Delaware General Corporation Law, the assignment of such title shall constitute the delegation to such person of the authority and duties that are normally associated with that office, subject to any specific delegation or limitation of authority and duties made pursuant to this Section 4.4. Any Officer may be removed as such, at any time, with or without cause, by the Board. Any Officer also may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Designation of an Officer shall not of itself create any contract rights. Any number of offices may be held by the same individual. The Officers shall not be entitled to any compensation for their services as officers, unless approved by a majority of the Board.
Delegation of Authority to Officers. The Managers shall elect one or more individuals to hold the offices set forth below, which individuals when elected shall have and exercise delegated authority of the Board as set forth below (no officer shall be deemed a "manager" (within the meaning of the Act) of the LLC unless such person also serves as a Manager):
Delegation of Authority to Officers. The Board may delegate power and authority to one or more Officers of the LLC by written resolution of the Board, which resolution shall specify the nature, extent and duration of the Board’s delegation and identify the Officers by title or by position to whom such power and authority is delegated. The Board may remove an Officer at any time and from time to time (with or without cause) and replace such Officer with a successor. An Officer may resign at any time upon notice to the Board.
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