Authority of the Management Committee. Without limiting the generality of Section 2.01, and except as otherwise provided by this Agreement, the consent of the Management Committee shall be required for the Company to undertake, and the Management Committee shall have the right, power and authority to approve and cause the Company to undertake, all of the following actions (which actions shall be approved by a Majority of Representatives unless otherwise expressly provided below):
Appears in 12 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement (Paladin Realty Income Properties Inc)
Authority of the Management Committee. Without limiting the generality of Section 2.01, and except as otherwise provided by this Agreement, the consent of the Management Committee shall be required for the Company to undertake, and the Management Committee shall have the right, power and authority to approve and and/or cause the Company to undertake, all of the following actions (which actions shall be approved by a Majority of Representatives unless otherwise expressly provided below):
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Paladin Realty Income Properties Inc)
Authority of the Management Committee. Without limiting the generality of Section 2.01, and except as otherwise provided by this Agreement, the consent of the Management Committee shall be required for the Company or the Project Owner to undertake, and the Management Committee shall have the right, power and authority to approve and and/or cause the Company or the Project Owner to undertake, all of the following actions (which actions shall be approved by a Majority of Representatives unless otherwise expressly provided below):
Appears in 1 contract
Samples: Limited Liability Company Agreement (Paladin Realty Income Properties Inc)