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Common use of Director Clause in Contracts

Director. An individual designated as a Director of the Company who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term “Director” shall have the same meaning as the term “Manager” as such term is defined under the Delaware Act (but is not the same as the term “Manager” as used in this Agreement).

Appears in 25 contracts

Samples: Limited Liability Company Agreement (PNC Alternative Strategies TEDI Fund LLC), Limited Liability Company Agreement (PNC Absolute Return Fund LLC), Limited Liability Company Agreement (PNC Long-Short TEDI Fund LLC)

Director. An individual designated as a Director of the Company who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term "Director" shall have the same meaning as the term "Manager" as such term is defined under the Delaware Act (but is not the same as the term "Manager" as used in this Agreement).

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Limited Liability Company Agreement (Mercantile Small Cap Manager Fund LLC), Limited Liability Company Agreement (Mercantile Alternative Strategies Fund LLC)

Director. An individual designated as a Director of the Company Master Fund who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term “Director” shall have has the same meaning as the term “Manager” as such term is defined under the Delaware Act (but is not the same as the term “Manager” as used in this Agreement).

Appears in 6 contracts

Samples: Limited Liability Company Agreement (PNC Alternative Strategies Master Fund LLC), Limited Liability Company Agreement (Mercantile Absolute Return Master Fund LLC), Limited Liability Company Agreement (Mercantile Alternative Strategies Master Fund LLC)

Director. An individual designated as a Director of the Company Master Portfolio who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term “Director” shall have the same meaning as the term “Manager” as such term is defined under the Delaware Act (but is not the same as the term “Manager” as used in this Agreement).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Growth Capital Master Portfolio, LLC), Limited Liability Company Agreement (Growth Capital Master Portfolio, LLC)

Director. An individual designated as a Director of the Company Portfolio who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term “Director” shall have the same meaning as the term “Manager” as such term is defined under the Delaware Act (but is not the same as the term “Manager” as used in this Agreement).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC)

Director. An individual designated as a Director of the Company Portfolio who is delegated authority provided for in Section 2.6 of this Agreement. For purposes of this Agreement the term "Director" shall have the same meaning as the term "Manager" as such term is defined under the Delaware Act (but is not the same as the term "Manager" as used in this Agreement).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Growth Capital Portfolio, LLC)