Common use of Delegation of Authority and Duties Clause in Contracts

Delegation of Authority and Duties. The Manager may, from time to time, delegate to one or more Persons (including any officer) such authority and duties as the Manager may deem advisable. The Manager also may assign titles to any Holder or other individual and may delegate to such Holder or other individual certain authority and duties. Any number of titles may be held by the same Holder or other individual. Any delegation pursuant to this Section 5.2 may be revoked at any time by the Manager.

Appears in 10 contracts

Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Operating Agreement (Boise White Paper Sales Corp.), Limited Liability Company Agreement (Boise White Paper Sales Corp.)

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Delegation of Authority and Duties. The Manager may, from time to time, delegate to one or more Persons (including any officer) such authority and duties as the Manager may deem advisable. The Manager also may assign titles to any Holder or other individual and may delegate to such Holder or other individual certain authority and duties. Any number of titles may be held by the same Holder or other individual. Any delegation pursuant to this Section 5.2 may be revoked at any time by the Manager.. KL2-#2545914-v2-Boise_Paper_Holdings_L_L_C_

Appears in 1 contract

Samples: Limited Liability Company Agreement (Boise White Paper Sales Corp.)

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Delegation of Authority and Duties. The Manager Managers may, from time to time, delegate to one or more Persons (including any officer) such authority and duties as the Manager Managers may deem advisable. The Manager Managers also may assign titles to any Holder or other individual and may delegate to such Holder or other individual certain authority and duties. Any number of titles may be held by the same Holder or other individual. Any delegation pursuant to this Section 5.2 may be revoked at any time by the ManagerManagers. Notwithstanding anything to the contrary in this Agreement, the Independent Manager shall not delegate any of its authority or duties prescribed by this Agreement to any other Person.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (US Power Generating CO)

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