Common use of General Provisions Concerning Management Clause in Contracts

General Provisions Concerning Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member.

General Provisions Concerning Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the MemberManagers. No Member (other than in such Person’s capacity as a Manager) has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company or to incur any expenditures on behalf of the Company.

General Provisions Concerning Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member. The Member shall exercise the authority, powers and rights granted to it under this Agreement through officers appointed by the Member pursuant to the following terms and conditions.

General Provisions Concerning Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the MemberMembers. All Company decisions and actions shall require the consent of MOS and JWE. The Members may delegate decisions regarding the day-to-day operations of the Company to Persons appointed by the Company for such purpose, subject to the review and approval of the Members.