Common use of Agreement of Members Clause in Contracts

Agreement of Members. The Manager is (and shall throughout the period of this Agreement be) hereby authorized by each and every Member from time to time to undertake, perform and fulfill the Business and Activities of the Manager and, for such purpose but subject always to any provision of this Agreement which requires the consent and/or approval of the Members, to negotiate, enter into and conclude in the name and for and on behalf of each relevant Member such Charterparty as shall to the Manager appear necessary or appropriate to achieve the objects of this Agreement. The Manager shall at all times provide written notice to each of the Members of any Charterparties into which it has entered together with a copy of such Charterparty.

Agreement of Members. The Manager is (and shall throughout the period of this Agreement be) hereby authorized authorised by each and every Member from time to time to undertake, perform and fulfill the Business and Activities of the Manager and, for such purpose but subject always to any provision of this Agreement which requires the consent and/or approval of the Members, to negotiate, enter into and conclude in the name and for and on behalf of each relevant Member such Charterparty as shall to the Manager Manager· appear necessary or appropriate to achieve the objects of this Agreement. The Manager shall at all times provide written notice to each of the Members of any Charterparties into which it has entered together with a copy of such Charterparty.