Common use of Managing Member Clause in Contracts

Managing Member. Except as otherwise specifically provided in this Agreement, the Managing Member shall have the authority to, and shall, conduct the affairs of the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni Auto Leasing LLC)

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Managing Member. Except as otherwise specifically provided in this Agreement, the The Managing Member shall have the authority to, to exercise the rights and shall, conduct the affairs of the Companyobligations expressly granted to it in this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni LT)

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Managing Member. Except as otherwise specifically provided in this Agreement, the Managing Member shall have the authority to, and shall, conduct the affairs of the Company.`

Appears in 1 contract

Samples: Limited Liability Company Agreement (World Omni 1998-a Automobile Lease Securitization Trust)

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