General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the Company’s business, affairs and properties, including the specific powers referred to in paragraph (b), below.
Appears in 9 contracts
Samples: Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC)
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the Company’s business, affairs and properties, including the specific powers referred to in paragraph (b), below, but subject to the limitations of Section 5.7 below.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC)
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the CompanyLLC’s business, affairs and properties, including the specific powers referred to in paragraph (b), below, but subject to the limitations of Section 5.7 below.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Cf Fund Ii, LLC), Operating Agreement (Cf Fund Ii, LLC), Limited Liability Company Operating Agreement (Cf Fund Ii, LLC)
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the CompanyLLC’s business, affairs and properties, including including, without limitation, the specific powers referred to in paragraph (b), below.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
General Scope. Except for matters on which the Members’ ' approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the Company’s LLC's business, affairs and properties, including including, without limitation, the specific powers referred to in paragraph (b), below.
Appears in 1 contract
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has the full power, authority and discretion to manage and direct the Company’s business, affairs and propertiesassets, including including, without limitation, the specific powers referred to in paragraph (bSection 4.3(b), below.
Appears in 1 contract
Samples: Operating Agreement
General Scope. Except for matters on which the Members’ ' approval is required by the Act or this Agreement, the Manager has Managers have full power, authority and discretion to manage and direct the Company’s 's business, affairs and properties, including including, without limitation, the specific powers referred to in paragraph Article 4.2 (b), below) subject to the requirements of IRC § 4975 and ERISA.
Appears in 1 contract
Samples: Operating Agreement
General Scope. Except for matters on which the Members’ ' approval is required by the Act or this Agreement, the Manager has full power, authority authority, and discretion to manage and direct the Company’s 's business, affairs affairs, and properties, including without limitation the specific powers referred to in paragraph (bArticle 5.3(b), below.
Appears in 1 contract
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has Managers have full power, authority and discretion to manage and direct the Company’s business, affairs and properties, including the specific powers referred to in paragraph (b), below.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC)
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has full power, authority and discretion to manage and direct the Company’s business, affairs and properties, including including, without limitation, the specific powers referred to in paragraph (bSection 5.02(b), below.
Appears in 1 contract
Samples: Operating Agreement
General Scope. Except for matters on which the Members’ approval is required by the Act or this Agreement, the Manager has Managers have full power, authority and discretion to manage and direct the Company’s business, affairs and properties, including including, without limitation, the specific powers referred to in paragraph (bArticle 5.3(b), below.
Appears in 1 contract