Limitations on Power of the Manager. Notwithstanding any other ----------------------------------- provision of this Agreement, the Manager shall not have authority to cause the Company to engage in the following transactions without first obtaining the approval of the Members holding a majority of the Membership Interests.
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Limitations on Power of the Manager. Notwithstanding any other ----------------------------------- provision of this Agreement, the Manager shall not have authority to cause the Company to engage in the following transactions without first obtaining the approval of the Members holding a majority of the Membership Interests.
Appears in 1 contract
Limitations on Power of the Manager. Notwithstanding any other ----------------------------------- provision of this Agreement, the Manager The manager shall not have authority to cause the Company to engage in the following transactions without first obtaining the approval of the Members holding a majority of the Membership Interests.Interest:
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Samples: Operating Agreement
Limitations on Power of the Manager. Notwithstanding any other ----------------------------------- provision of this Agreement, the The Manager shall not have the authority under this Agreement to cause the Company to engage in the following transactions without first obtaining the approval Approval of the Members holding a majority of the Membership Interests.Majority in Interest:
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Samples: Limited Liability Company Agreement (Secured Principal LLC)