Common use of Authority and Duties Clause in Contracts

Authority and Duties. In addition to the foregoing authority and duties, all managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this Agreement. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors present, a manager elected or appointed by the Board may, without the approval of the board, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counsel.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Red Trail Energy, LLC)

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Authority and Duties. In addition to the foregoing authority and duties, all managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this AgreementGovernors. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors present, a manager elected or appointed by the Board may, without the approval of the boardBoard, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Aoa Capital Corp), Operating Agreement (Red Trail Energy, LLC)

Authority and Duties. In addition to the foregoing authority and duties, all managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this Agreement. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors present, a manager elected or appointed by the Board may, without the approval of the boardBoard, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 2 contracts

Samples: Operating Agreement (Agassiz Energy, LLC), Operating Agreement (Agassiz Energy, LLC)

Authority and Duties. In addition to the foregoing authority and duties, all managers Manager-Officers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this AgreementManagers. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors presentmembers of the Board of Managers, a manager Manager-Officer elected or appointed by the Board of Managers may, without the approval of the boardBoard of Managers, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (New Gaming Capital Partnership)

Authority and Duties. In addition to the foregoing authority and duties, all managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this Operating Agreement. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors present, a manager elected or appointed by the Board may, without the approval of the boardBoard, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 1 contract

Samples: Operating Agreement (Golden Growers Cooperative)

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Authority and Duties. In addition to the foregoing authority and duties, all managers Managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this AgreementBoard. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors presentBoard, a manager Manager elected or appointed by the Board may, without the approval of the boardBoard, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 1 contract

Samples: Limited Liability Company Agreement (WPT Enterprises Inc)

Authority and Duties. In addition to the foregoing authority and duties, all managers of the Company shall respectively have such authority and perform such duties in the management of the business of the Company as may be designated from time to time by the Board of Governors or in this AgreementGovernors. Unless prohibited by a resolution approved by the affirmative vote of a majority of the governors presentBoard, a manager elected or appointed by the Board may, without the approval of the boardBoard, delegate some or all of the duties and powers of a position to the Company’s employees, accountants, and legal counselother persons.

Appears in 1 contract

Samples: Operating and Member Control Agreement (Land O Lakes Inc)

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