Certain Powers of Managers. Without limiting the generality of Section 5.1, the Board of Managers (as a whole) shall have power and authority (and no individual Manager shall alone have such power and authority; provided that this shall not prevent a person who is both a Manager and an officer from acting as an officer hereunder), after due action, on behalf of the Company:
Appears in 2 contracts
Samples: 6 Operating Agreement (Matthews International Corp), 6 Operating Agreement (Matthews International Corp)
Certain Powers of Managers. Without limiting the generality of Section 5.15.01 above or Section 2.03, and subject to the limitations set forth in Section 5.07 below, the Board of Managers (as a whole) shall have power and authority (and no individual Manager shall alone have such power and authority; provided that this shall not prevent a person who is both a Manager and an officer from acting as an officer hereunder), after due action, on behalf of the Company:
Appears in 1 contract
Certain Powers of Managers. Without limiting the generality of Section 5.1, the Board of Managers (as a whole) shall have power and authority (and no individual Manager shall alone have such power and authority; provided that this shall not prevent a person who is both a Manager and an officer from acting as an officer hereunder), after due action, on behalf of the Company:
Appears in 1 contract
Samples: Limited Liability Company Agreement (International Assets Holding Corp)
