Authority of the Sole Member. The right to manage, control and conduct the business and affairs of the Company shall be vested solely in the Sole Member. Subject to Section 11.1 hereof, the Sole Member shall have authority to (a) execute and deliver on behalf of the Company any and all agreements, instruments, consents, certificates, and other documents and (b) take any and all such actions as the Sole Member may deem necessary or appropriate to carry out the intent of the foregoing, and no third party shall be required to inquire into the authority of the Sole Member to take such action on behalf of the Company. The Sole Member shall cause the Company to have at all times two (2) individuals serving as Independent Managers pursuant to Section 12.4 hereof. Notwithstanding the foregoing, for so long as any portion of the Obligations remain outstanding, the Sole Member appointed as of the date hereof shall not be changed or replaced without the prior written consent of Lender.
Authority of the Sole Member. The Sole Member has the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by Members under the Act.
Authority of the Sole Member. All matters relating to the business or affairs of the Company shall be determined by the Sole Member.
Authority of the Sole Member. America First Multifamily Investors, L.P. is the sole member (the “Sole Member”) of the Owner. The Sole Member has the power and authority to cause the Owner to execute and deliver this Supplemental Agreement and the other Note Documents to which the Owner is a party, and to perform such other matters and things provided to be performed by it in this Supplemental Agreement and in such other Note Documents.
Authority of the Sole Member. The Sole Member shall have all the rights, powers and authority necessary to manage and control the day to day activities and operations of the business and affairs of the Company, to do or cause to be done any and all acts, at the expense of the Company, deemed by the Sole Member to be necessary, convenient or incidental to the conduct of the business of the Company. Without limiting the foregoing, the Sole Member shall have the power and authority granted under the Act to:
