Common use of Advisory Managers Clause in Contracts

Advisory Managers. The Board may also appoint “Advisory Managers” (who may be invited by the Board to serve the Board in an advisory capacity and attend meetings of the Board, but who will not be members of the Board or “Managers” as used in this Agreement or the Act and who will have no voting rights on the Board).

Appears in 2 contracts

Samples: Operating Agreement (Bootheel Agri-Energy LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC)

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Advisory Managers. The Board may also appoint “Advisory Managers” (who may be invited by the Board to serve the Board in an advisory capacity and attend meetings of the Board, but who will not be members of the Board or “Managers” as used in this Agreement or the Act and who will have no voting rights on the Board).

Appears in 1 contract

Samples: Operating Agreement (Millennium Ethanol, LLC)

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Advisory Managers. The Board may also appoint “Advisory Managers” (who may be invited by the Board to serve the Board in an advisory capacity and attend meetings of the Board, but who will not be members of the Board or “Managers” as used in this Agreement or the Act and who will may have no voting rights on the Board).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ozark Ethanol LLC)

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