Common use of Exclusive Responsibility Clause in Contracts

Exclusive Responsibility. Except as otherwise provided herein, the management of the business and affairs of the Company shall be the sole and complete responsibility of the Managers. Other than as expressly provided herein, the Members, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the Company, and shall not have any right or authority to act for or bind the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Elk Horn Coal Co LLC)

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Exclusive Responsibility. Except as otherwise provided herein, the The management of the business and affairs affairs, of the Company shall be the sole and complete responsibility of the ManagersManager. Other than as expressly provided herein, the MembersA Member, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the the. Company, and shall not have any right or authority to act for or bind the Company. The Company may act only by actions taken by or under the direction of the Manager in accordance with this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Ryerson International Material Management Services, Inc.)

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Exclusive Responsibility. Except as otherwise provided herein, the The management of the business and affairs of the Company shall be the sole and complete responsibility of the ManagersManager (the “Manager”). Other than as expressly provided herein, the MembersA Member, as such, shall not take part in, or interfere in any manner with, the management, conduct or control of the business and affairs of the Company, and shall not have any right . The Company may act only by actions taken by or authority to act for or bind under the Companydirection of the Manager in accordance with this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Noble Advisors, LLC)

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