AUTHORITY AND POWERS. All powers of the Company shall be exercised by or under the authority of the Board of Directors. Decisions of the Board of Directors within its scope of authority shall be binding upon the Company. Such powers shall specifically include but shall not be limited to the power to:
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (WPS Resources Corp)
AUTHORITY AND POWERS. All powers of the Company shall be exercised -------------------- by or under the authority of the Board of DirectorsManagers. Decisions Subject to applicable legal requirements, decisions of the Board of Directors Managers within its scope of authority shall be binding upon the CompanyCompany and the Members. Such powers shall specifically include but shall not be limited to the power to:
Appears in 1 contract
AUTHORITY AND POWERS. All powers of the Company shall be -------------------- exercised by or under the authority of the Board of Directors. Decisions of the Board of Directors within its scope of authority shall be binding upon the Company. Such powers shall specifically include but shall not be limited to the power to:
Appears in 1 contract
AUTHORITY AND POWERS. All powers of the Company shall be exercised by or under the authority of the Board of DirectorsManagers. Decisions of the Board of Directors Managers within its scope of authority shall be binding upon the CompanyCompany and the Member. Such powers shall specifically include but shall not be limited to: Borrow and lend money at such rates of interest, and from or to the power to:such parties, as
Appears in 1 contract
Samples: Operating Agreement
AUTHORITY AND POWERS. All powers of the Company shall be exercised by or under the authority of the Board of DirectorsManagers. Decisions of the Board of Directors Managers within its scope of authority shall be binding upon the CompanyCompany and the Members. Such powers shall specifically include but shall not be limited to: Borrow and lend money at such rates of interest, and from or to the power to:such parties, as is approved;
Appears in 1 contract
Samples: Operating Agreement