Common use of Delegation by Managing Member Clause in Contracts

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's rights and powers to manage and control the business and affairs of the Company. The Managing Member may, by written instrument, authorize any Person to enter into and perform under any document on behalf of the Company.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners Ii LLC)

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Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of a Member or the Company (including Officers), and to delegate by a written agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including, without limitation, any Member or Officer) to enter into and perform under any document on behalf of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Aavid Thermalloy Sw LLC), Limited Liability Company Agreement (Aavid Thermalloy Sw LLC), Limited Liability Company Agreement (Aavid Thermalloy Sw LLC)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of the Managing Member or the Company, and to delegate by a management agreement or another agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including any Member or Officer of the Company or the Managing Member) to enter into and perform under any document agreement on behalf of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of the Member or the Company, and to delegate by a management agreement or another agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including any Member or Officer of the Company or the Managing Member) to enter into and perform under any document on behalf of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Woodside Homes, Inc.)

Delegation by Managing Member. The Managing Member shall have the ----------------------------- power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of a Member or the Company, and to delegate by a written agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including, without limitation, any Member) to enter into and perform under any document on behalf of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Stein Avy H), Limited Liability Company Agreement (Stein Avy H), Limited Liability Company Agreement (Stein Avy H)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company. The Managing Member may, by written instrument, authorize any Person to enter into and perform under any document on behalf of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of a Member or the Company (including Officers), and to delegate by a written agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including, without limitation, any Member or Officer) to enter into and perform under any document on behalf of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Exopack Holding Corp), Limited Liability Company Agreement (Exopack Advanced Coatings, LLC)

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Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of a Member or the Company (including Officers), and to delegate by a management agreement or another agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including any Member or Officer) to enter into and perform under any document on behalf of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Duff & Phelps Corp), Limited Liability Company Agreement (Duff & Phelps Corp)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's ’s rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of the Member or the Company, and to delegate by a management agreement or another agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including any Officer of the Company or the Managing Member) to enter into and perform under any document on behalf of the Company.

Appears in 1 contract

Samples: Operating Agreement (Station Casinos LLC)

Delegation by Managing Member. The Managing Member shall ----------------------------- have the power and authority to delegate to one or more other Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's rights and powers to manage and control the business and affairs of the Company, including to delegate to agents and employees of a Member or the Company (including Officers), and to delegate by a written agreement with, or otherwise to, other Persons. The Managing Member may, by written instrument, may authorize any Person (including, without limitation, any Member or Officer) to enter into and perform under any document on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Petersen Holdings LLC)

Delegation by Managing Member. The Managing Member shall have the power and authority to delegate to one or more Persons (as defined in Section 2.03(d)), including, without limitation, any officer, employee or agent of the Company or the Managing Member, the Managing Member's rights and powers to manage and control the business and affairs of the Company, by written instrument, to one or more Persons, including any officer, employee or agent of the Company, any Member or the Managing Member. The Managing Member may, by written instrument, authorize any Person (including, without limitation, any Member) to enter into and perform under any document on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Mountain Vantage LP)

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