Management Powers. The business and affairs of the Company shall be managed by the Member. The Member is authorized to execute any and all documents on behalf of the Company necessary or appropriate in connection with the acquisition, financing, operation, management or development of any property of the Company. The Member may appoint one or more officers who shall be authorized to exercise such of the Member's rights and power as designated by the Member.
Management Powers. (a) The business and affairs of the Company shall be managed by the Member (or Members, if there is more than one (1) Member). The Member (or Members) shall have the power to do any and all acts that may be necessary or convenient to or for the furtherance of the purposes described herein, including, without limitation, the power:
Management Powers. The Member shall be deemed to be a “manager” within the meaning of Section 18-101(10) of the Delaware Act. In accordance with Section 18-402 of the Delaware Act, management of the Company shall be vested solely in the Member. The Member shall have the power to do any and all acts necessary, convenient, or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company.
Management Powers. Subject to the Approval rights of the Partners under this Agreement, the Partnership shall be managed by the Managing General Partner, and no Limited Partner shall take part in the control of the Partnership's business. The Managing General Partner of the Partnership shall be Highridge GP unless and until replaced by a Co-General Partner as provided in Section 7.9.5 (thereafter, such Co-General Partner shall be the Managing General Partner). Except as otherwise provided in this Agreement (including the right of the Xxxx-Xxxx Limited Partner to Approve Major Decisions under Section 5.1.5 and certain other Approvals granted to the Xxxx-Xxxx Limited Partner under this Agreement), the Managing General Partner shall be responsible for supervising and undertaking the business of the Partnership, implementing the supervision procedures set forth on Exhibit J for employees of the Highridge Partners and Affiliates of the Highridge Partners who are performing work relating to the Partnership and the Properties, and shall make all decisions affecting the day-to-day operations of the Partnership and the Investments and the Properties. Except to the extent the Approval of the Partners, or the Approval of the General Partners, or the Approval of a Xxxx-Xxxx Partner is expressly required under this Agreement, no consent or Approval of any Limited Partner or Co-General Partner shall be required with respect to any action or decision of the Managing General Partner regarding Partnership or Investment Entity matters. Whenever the Approval of the Partners is required, the Partners shall act through their Authorized Representatives as provided in Section 1.12. No Partner shall receive any compensation for serving as a General Partner or as the Managing General Partner. Each Partner shall cause each of its Authorized Representatives to devote as much time as is reasonably necessary to fulfill such Partner's obligations under this Agreement. The Managing General Partner, at Partnership expense, shall be responsible for obtaining and providing the Partners (within a reasonable time after request therefor has been made by any Partner) with any information that the Managing General Partner reasonably deems appropriate (or that the Xxxx-Xxxx Partners have requested) with respect to the Partnership, Investment Entities, Investments and Properties, conducting due diligence concerning proposed Investments and Properties, negotiating the purchase on behalf of the Partnership of any Inv...
Management Powers. The company shall take over the implementation of the client's instructions in the management of "portfolio" under the instructions issued directly to it from client, either written or registered by phone or by e-mail service and the company's fax or other means as determined by the company according to its investment policies and not in conflict with the rules and instructions of the regulating and controlling entities and in accordance with the codes applied and in accordance with the Jordanian code of dealing with foreign stock exchanges # 1 for 2017 and, the instructions of regulating the financial services companies in dealing with foreign stock exchanges and any amendments and decisions that might occur thereon from time to time, provided that the company shall exert due diligence according to the market circumstances it's dealing with and also according to the investment risks which the client avowed that they had examined them. Furthermore, the client shall confirm that, by signing the current contract, the company shall not guarantee to the client any profits or revenues for such "portfolio", as the powers granted to the company are just for implementing the client's instructions.
Management Powers. (a) In addition to what is provided for in the By-Laws of T.F.M., the Shareholders agree that the management and control of T.F.M. will also be governed by the applicable provisions of this Agreement which they undertake to fully and at all times comply with, as if these provisions were an integral part of the By-Laws of T.F.M.
Management Powers. The Member shall be deemed to be a “manager” within the meaning of Section 18-101(10) of the DLLCA.
Management Powers. The Company shall be managed by a Board of Managers (the “Board of Managers” or “Board”), which shall have all powers, authority, and discretion conferred upon “managers” under the Act, and, without limitation, shall have complete authority and discretion to manage the operations and affairs of the Company. The Board shall initially consist of XX managers (each, a “Manager”). The number of Managers may be fixed from time to time, any Manager may be removed as a Manager at any time and for any or no reason, and additional or replacement Managers may be named to the Board of Managers at any time, in each case at the sole discretion of the Member. A Manager may resign at any time by giving written notice to the Board or, if any, the President, Chief Executive Officer or Secretary of the Company. Such resignation shall be effective upon receipt, unless specified to be effective at some other time, and the acceptance of such resignation shall not be necessary to make it effective. Any Manager may act for or on behalf of the Board. The initial Managers and their business, residence or mailing address are as follows: Name Address __________________ _________________________ __________________ _________________________
Management Powers. The Board shall have exclusive supervision, direction, and control of the business of the Company, and all powers and duties of management typically vested in a board of directors and officers of a corporation, including, but not limited to, the right to enter into and carry out contracts of all kinds; to employ employees, agents, consultants, legal counsel and advisors on behalf of the Company; to lend or borrow money and to issue evidences of indebtedness; to bring and defend actions in law or at equity; and to buy, own, manage, sell, or otherwise acquire or dispose of the Company property.
Management Powers. (a) The Member shall take such action as it deems necessary to provide for and supervise the operation of the Company for the purposes set forth in Section 2.01. The Member shall devote so much of its time to the affairs of the Company as in its judgment the conduct of the business shall reasonably require, and the Member shall not be obligated to do or perform any act or thing in connection with the business of the Company not expressly set forth herein.
