Common use of Authority of the Officers Clause in Contracts

Authority of the Officers. Except for matters that require approval of the Members or the Directors by the express terms of this Agreement, or as the Directors may otherwise determine, the officers shall have the authority to make all decisions and take all actions and act on behalf of the Company generally to conduct, direct and manage the day-to-day business, activities, operations and affairs of the Company and all matters related to the business of the Company.

Appears in 4 contracts

Samples: Operating Agreement (Sunoco LP), Operating Agreement (Energy Transfer Partners, L.P.), Support Agreement (Sunoco LP)

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Authority of the Officers. Except for matters that require approval of the Members or the Directors Managers by the express terms of this Agreement, or as the Directors Managers may otherwise determine, the officers shall have the authority to make all decisions and take all actions and act on behalf of the Company generally to conduct, direct and manage the day-to-day business, activities, operations and affairs of the Company and all matters related to the business of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Boardwalk Pipeline Partners, LP), Limited Liability Company Agreement (Boardwalk Pipeline Partners, LP)

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Authority of the Officers. Except for matters that require approval of the Members or the Directors by the express terms of this Agreement, or as the Directors may otherwise determine, the officers shall have the authority to make all decisions and take all actions and act on behalf of the Company generally to conduct, direct and manage the day-to-day business, activities, operations and affairs of the Company and all matters related to the business of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC)

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