Chief Manager. The Chief Manager shall: (a) Participate as a member of the Board of Managers and preside over any meetings of the Board of Managers; (b) See that all orders and resolutions of the Board of Managers are carried into effect; (c) Sign and deliver in the name of the Company any deeds, mortgages, bonds, contracts or other instruments pertaining to the business of the Company, except in cases in which the authority to sign and deliver is required by law to be exercised by another person or is expressly delegated or limited (i) by the Certificate of Formation, (ii) by this Agreement, or (iii) by the Board of Managers to some other Manager or agent of the Company; (d) Carry out the day to day operations of the Company in accordance with the directions of and subject to the review of the Board of Managers; (e) Perform other duties prescribed by the Board of Managers, by this Agreement, or by the Act; and (f) In the event the Company has a vacancy in the office of Secretary, any notices, documents or other matters that otherwise are required to go to the Secretary may be delivered to the Chief Manager.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)