Exclusive Control of Managers. Subject to the terms and provisions of this Agreement, the Managers shall have exclusive management and control of the affairs of the Company and shall have the power and authority to do all things necessary or appropriate to carry out the purposes of the Company.
Appears in 47 contracts
Samples: Operating Agreement, Operating Agreement (EarthLink Holdings, LLC), Operating Agreement (CSL Capital, LLC)
Exclusive Control of Managers. Subject to the terms and provisions of this Agreement, the Managers shall have exclusive management and control of the affairs of the Company and shall have the power and authority to do all things necessary or appropriate to carry out the purposes of the Company. Except as otherwise specifically provided herein, any action which requires the consent, vote or action of the Board of Managers as a whole shall be undertaken upon the affirmative vote or approval of a majority of the Managers.
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