Common use of Committees of Managers Clause in Contracts

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (b) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. Any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (b) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. . (i) Any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (bii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager member of the Board to act at the meeting in the place of any such absent or disqualified member. . (iii) Any such committee, to the extent provided in the resolution of the ManagersBoard, shall have and may exercise all the powers and authority of the Managers Board in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the ManagersBoard. Each committee shall keep regular minutes of its meetings and report the same to the Managers Board when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the all Managers, designate one or more committeesCommittees, each committee Committee to consist of one or more of the ManagersManagers of the Company. The Managers may designate one or more Managers as alternate members of any committeeCommittee, who may replace any absent or disqualified member at any meeting of the committee. (b) Committee. In the absence or disqualification of a member of a committeeCommittee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members he or they constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. Any such committeeCommittee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the CompanyCompany that the Managers may legally delegate. Such committee Committee or committees Committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the ManagersBoard, designate one or more committees, each committee to consist of one or more of the ManagersManagers of the Company. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (bii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager member of the Board to act at the meeting in the place of any such absent or disqualified member. . (iii) Any such committee, to the extent provided in the resolution of the ManagersBoard, shall have and may exercise all the powers and authority of the Managers Board in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the ManagersBoard. Each committee shall keep regular minutes of its meetings and report the same to the Managers Board when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (b) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. . (c) Any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (b) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. . (c) Any such committee, to the extent provided in the a resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Board of Managers when requiredat its next official meeting.

Committees of Managers. (ai) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (bii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. . (iii) Any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (b) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. . (c) Any such committee, to the extent provided in the a resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (ai) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (bii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. Any . (iii) Subject to Section 1.08, any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member Manager at any meeting of the committee. (bii) In the absence or disqualification of a member of Manager from a committee, the member Manager or members thereof Managers present at any meeting and not disqualified from voting, whether or not such members Managers constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. Manager. (iii) Any such committee, to the extent provided in the resolution of the ManagersBoard, shall have and may exercise all the powers and authority of the Managers Board in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the ManagersBoard. Each committee shall keep regular minutes of its meetings and report the same to the Managers Board when required.

Committees of Managers. (a) The Managers may, by resolution passed by a majority of the Managers, designate one or more committees, each committee to consist of one or more of the Managers. The Managers may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committeexxxxxxxxx. (b) In Xx the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager to act at the meeting in the place of any such absent or disqualified member. .Any such committee, to the extent provided in the resolution of the Managers, shall have and may exercise all the powers and authority of the Managers in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Managers. Each committee shall keep regular minutes of its meetings and report the same to the Managers when required.

Committees of Managers. (ai) The Managers Board may, by resolution passed by a majority of the Managerswhole Board, designate one or more committees, each committee to consist of one or more of the Managers. The Managers Board may designate one or more Managers as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (bii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another Manager member of the Board to act at the meeting in the place of any such absent or disqualified member. . (iii) Any such committee, to the extent provided in the resolution of the ManagersBoard, shall have and may exercise all the powers and authority of the Managers Board in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the ManagersBoard. Each committee shall keep regular minutes of its meetings and report the same to the Managers Board when required.