Common use of Exclusive Management by Managers Clause in Contracts

Exclusive Management by Managers. The business, property and affairs of the Company shall be managed exclusively by the Managers. The Managers shall consult with one another in conducting the affairs of the business and may delegate, from time to time, actions of the Managers from one another. Except for situations in which the approval of the Members is expressly required by the articles or this Agreement, the Managers shall have full, complete and exclusive authority, power, and discretion to manage and control the business, property and affairs of the Company, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's business, property and affairs.

Appears in 1 contract

Samples: Operating Agreement

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Exclusive Management by Managers. The business, property and affairs of the Company shall be managed exclusively by the Managers. The Managers shall consult with one another in conducting the affairs of the business and may delegate, from time to time, actions of the Managers from one anotheracting together. Except for situations in which the approval of the Members is expressly required by the articles Certificate or this Agreement, the Managers Managers, acting together, shall have full, complete and exclusive authority, power, and discretion to manage and control the business, property and affairs of the Company, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's ’s business, property and affairs.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Akorn Inc)

Exclusive Management by Managers. The business, property property, and affairs of the Company shall be managed exclusively by the Managers. The Managers shall consult with one another in conducting the affairs of the business and may delegate, from time to time, actions of the Managers from one another. Except for situations in which the approval of the Members Owner is expressly required by the articles Act, the Certificate, the Articles, or this Agreement, the Managers shall have full, complete the full and exclusive authority, power, and discretion to manage and control the business, property property, and affairs of the Company, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's business, property property, and affairs.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NEMA Beverage Parent CORP)

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Exclusive Management by Managers. The business, property property, and affairs of the Company shall be managed exclusively by the Managers. The Managers shall consult with one another in conducting the affairs of the business and may delegate, from time to time, actions of the Managers from one another. Except for situations in which the approval of the Members Owner is expressly required by the articles Act, the Articles, or this Agreementagreement, the Managers shall have full, complete the full and exclusive authority, power, and discretion to manage and control the business, property property, and affairs of the Company, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's business, property property, and affairs.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NEMA Beverage Parent CORP)

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