Common use of Management Company Clause in Contracts

Management Company. The Members intend that the General Manager delegate certain of the day-to-day operational and financial responsibilities of the Company to Management Co., subject to the terms and conditions of the Management Services Agreement. Such services shall be rendered under the supervision of the General Manager and, as set forth in the Management Services Agreement, shall include, without limitation, the following services: financial management, payroll services and accounting; collections and accounts payable; facilities acquisition and management; and management of day to day business and legal affairs.