Common use of Duty of Managers Clause in Contracts

Duty of Managers. 14 Section 5.14. Approval of Annual Budget.............................14 Section 5.15. Officers............................................

Duty of Managers. 14 18 Section 5.145.11. Approval of Annual Budget.............................14 ........................................................... 18 Section 5.155.12. Officers ........................................................................... 18 Section 5.13. Powers of the Board; Powers of Officers......................................................................................... 19 Section 5.14. Reimbursement....................................................................... 21 ARTICLE 6 CAPITAL CONTRIBUTIONS, CAPITAL ACCOUNTS, DISTRIBUTIONS AND ALLOCATIONS........................... 21 Section 6.1. Capital Contributions............................................................... 21 Section 6.2. Capital Accounts.................................................................... 22 Section 6.3. Distributions of Cash............................................................... 22

Duty of Managers. 14 17 Section 5.145.11. Officers.............................................................................. 17 Section 5.12. Approval of Annual Budget.............................14 ............................................................. 18 Section 5.155.13. Powers of the Board; Powers of Officers........................................................................................... 18 Section 5.14. Reimbursement......................................................................... 19