Common use of Power and Authority of Managing Member Clause in Contracts

Power and Authority of Managing Member. The business and affairs of the Company shall be managed by the Managing Member, who shall have the power and authority, on behalf of the Company, to take any action of any kind not inconsistent with the provisions of this Agreement and to do anything and everything it deems necessary or appropriate to carry on the business and purposes of the Company, including, but not limited to:

Appears in 6 contracts

Samples: King Merger Sub Ii LLC (King Merger Sub II LLC), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)

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Power and Authority of Managing Member. The business and affairs of the Company shall be managed by the Managing Member, who shall have the power and authority, on behalf of the Company, to take any action of any kind not inconsistent with the provisions of this Agreement and to do anything and everything it deems deemed necessary or appropriate to carry on the business and purposes of the Company, including, but not limited to:.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hale Capital Partners, LP)

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