Delegation; Committees. The Directors shall have power, consistent with their continuing exclusive authority over the management of the Company and the Company Property, to delegate from time to time to such committee or committees as they may from time to time appoint from among their own number or to such officers, employees or agents of the Company as they may from time to time designate the doing of such things and the execution of such instruments either in the name of the Company or the names of the Directors or otherwise as the Directors may deem expedient.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Master Value Opportunities LLC), Limited Liability Company Agreement (Master Basic Value LLC), Limited Liability Company Agreement (Master Tax Exempt LLC)
Delegation; Committees. The Directors shall have power, consistent with their continuing exclusive authority over the management of the Company and the Company Property, to delegate from time to time to such committee or committees as they may from time to time appoint from among their own number or to such officers, employees or agents of the Company Company, including the Adviser, as they may from time to time designate the doing of such things and the execution of such instruments either in the name of the Company or the names of the Directors or otherwise as the Directors may deem expedient.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Oppenheimer Master Inflation Protected Securities Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master International Value Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master Event-Linked Bond Fund, LLC)
Delegation; Committees. The Directors shall have power, consistent with their continuing exclusive authority over the management of the Company Company, each Series and the Company Property, to delegate from time to time to such committee or committees as they may from time to time appoint from among their own number or to such officers, employees or agents of the Company as they may from time to time designate the doing of such things and the execution of such instruments either in the name of the Company or any Series or the names of the Directors or otherwise as the Directors may deem expedient.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Short Term Bond Master LLC), Limited Liability Company Agreement (Global Financial Services Master LLC)
