Common use of No Management or Control Clause in Contracts

No Management or Control. Except as expressly provided in this Agreement, no Member shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Leucadia National Corp), Limited Liability Company Agreement (National Beef Packing Co LLC), Limited Liability Company Agreement (Nb Finance Corp)

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No Management or Control. Except as expressly provided in this Agreement, no Member in its capacity as such shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (National Beef, Inc.), Limited Liability Company Agreement (National Beef, Inc.), Limited Liability Company Agreement (National Beef, Inc.)

No Management or Control. Except as expressly provided in this Agreement, no Member shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the ActCompany.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Golden Queen Mining Co LTD), Operating Agreement (Simmons Co /Ga/), Operating Agreement (Simmons Co /Ga/)

No Management or Control. Except as expressly provided in this Agreement, no Member (in its capacity as a Member) shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (New York REIT, Inc.), Limited Liability Company Operating Agreement (Wayfair Inc.), Limited Liability Company Operating Agreement (Wayfair Inc.)

No Management or Control. Except as expressly provided in this AgreementAgreement and notwithstanding Section 18-402 of the Act, no Member shall take part in in, or interfere in any manner with with, the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the ActCompany.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement (Jefferies Financial Group Inc.), Purchase and Sale Agreement (Leucadia National Corp)

No Management or Control. Except as expressly provided in this Agreementagreement, no the Member shall not take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the ActCompany.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Easton Sports, Inc.), Limited Liability Company Agreement (Bell Powersports, Inc.), Limited Liability Company Agreement (Bell Powersports, Inc.)

No Management or Control. Except as expressly provided in this Agreement, no Member shall will take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 86.291 of the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Gryphon Gold Corp)

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No Management or Control. Except as expressly provided in this Agreement, no Member shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Intel Corp)

No Management or Control. Except as expressly provided in this Agreement, no Member (in its capacity as such) shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (National Commerce Corp)

No Management or Control. Except as expressly provided in this AgreementAgreement (including Section 3.5(c)), no Member shall shall, in its capacity as a Member, take part in or interfere in any manner with the management of the business and affairs of the Company Group or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the ActCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MN8 Energy, Inc.)

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