Common use of Further Delegation of Authority Clause in Contracts

Further Delegation of Authority. Subject to Section 5.7, the Board of Managers may, from time to time, delegate to any Person (including any Officer of the Company or any Manager) such authority and powers to act on behalf of the Company as it shall deem advisable in its sole discretion. Any delegation pursuant to this Section 6.4 may be revoked at any time and for any reason or no reason by the Board of Managers in its sole discretion.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling International Inc)

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Further Delegation of Authority. Subject to Section 5.7, the The Board of Managers Directors may, from time to time, delegate to any Person (including any Member, Officer of the Company or any ManagerDirector) such authority and powers to act on behalf of the Company as it shall deem advisable in its sole discretion, except that the Board of Directors may not delegate its authority with respect to the matters set forth in Section 7.1(b), Section 7.1(c) and Section 7.1(d). Any delegation pursuant to this Section 6.4 7.4 may be revoked at any time and for any reason or no reason by the Board of Managers in its sole discretionDirectors.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Coca Cola Bottling Co Consolidated /De/), Limited Liability Company Agreement (Coca Cola Bottling Co Consolidated /De/)

Further Delegation of Authority. Subject to Section 5.75.6, the Board of Managers Manager may, from time to time, delegate to any Person (including including, without limitation, any Officer officer or employee of the Company or any Manager) such authority and powers to act on behalf of the Company as it shall deem advisable in its sole discretion. Any delegation pursuant to this Section 6.4 may be revoked at any time and for any reason or no reason by the Board of Managers Manager in its sole discretion.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mascoma Corp), Limited Liability Company Agreement (Mascoma Corp)

Further Delegation of Authority. Subject to Section 5.7, the The Board of Managers may, from time to time, delegate to any Person (including any Member or Officer of the Company or any Manager) such authority and powers to act on behalf of the Company as it shall deem advisable in its sole discretion. Any delegation pursuant to this Section 6.4 may be revoked at any time and for any reason or no reason by the Board of Managers in its sole discretion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Realty Capital New York Recovery Reit Inc)

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Further Delegation of Authority. Subject to Section 5.7, the The Board of Managers Directors may, from time to time, delegate to any Person (including any Member or Officer of the Company or any ManagerDirector) such authority and powers to act on behalf of the Company as it shall deem advisable in its sole discretion; provided that no such delegation shall have the effect of reducing the powers and duties of the CEO. Any delegation pursuant to this Section 6.4 may be revoked at any time and for any reason or no reason by the Board of Managers Directors in its sole discretion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chefs' Warehouse Holdings, LLC)

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