LIMITATION ON AUTHORITY OF THE MANAGER. The Manager shall not have the authority without the consent of Investors holding more than 50% of the outstanding Units (by Net Asset Value) then held by Investors to:
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Cornerstone FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Aspect FuturesAccess LLC)
LIMITATION ON AUTHORITY OF THE MANAGER. The Manager shall not have the authority without the consent of Investors Members holding more than 50% of the outstanding Units (by Net Asset Value) ), not including Units held by Manager Parties, then held by Investors Members to:
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Man FRM Managed Futures Strategies LLC), Limited Liability Company Operating Agreement (Man FRM Managed Futures Strategies LLC)
