Common use of Duties of the Directors Clause in Contracts

Duties of the Directors. The Directors shall use reasonable efforts and devote such time as they, in their reasonable judgment, deem necessary to carry out the business and activities of the Company, and shall promptly take all action that the Member, in its reasonable judgment deems necessary or appropriate for the organization and continuance of the Company and the protection of the Company’s assets.

Appears in 8 contracts

Samples: Company Agreement (GA Industries Holdings, LLC), Limited Liability Company Agreement (GA Industries Holdings, LLC), Limited Liability Company Agreement (Falk Service CORP)

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Duties of the Directors. The Directors shall use reasonable efforts and devote such time as they, in their reasonable judgment, deem necessary to carry out the business and activities of the Company, and shall promptly take all action that the Member, ; in its reasonable judgment deems necessary or appropriate for the organization and continuance of the Company and the protection of the Company’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Eaton Aerospace LLC)

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