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Management and Control of Business Sample Clauses

Management and Control of BusinessSection 3.1 Management Vested in the Manager
Management and Control of Business. IF("FIELD(Control)"="Manager") 3.01. The right to exercise the powers of the Company and to manage the business and affairs of the Company is vested entirely in the Managers as listed in the Certificate of Formation.‌
Management and Control of Business. 22 Section 5.1 Management....................................................................................................................................................... 22 Section 5.2 Investment Company Act .................................................................................................................................. 24 Section 5.3 Officers .............................................................................................................................................................. 24 Section 5.4 Fiduciary Duties.................................................................................................................................................. 25
Management and Control of Business. 1MANAGEMENT OF THE BUSINESS. The business, property, and affairs of the Company shall be managed by the Manager. The initial Manager shall be Nxxxxx Xxxx. The Manager shall be elected by and subject to removal by vote of a Majority in Interest.
Management and Control of BusinessThe property, business and affairs of the Company shall be conducted and managed by the Board; provided, however, the Chief Executive Officer of the Company (the "CEO") shall manage the day-to-day administrative operations of the Company. Subject to the foregoing, only the Board and the CEO, or a duly authorized officer of the Company appointed by the Board, or other person expressly authorized by the Board, shall have the authority to bind the Company. Unless specifically provided by this Agreement, the Members shall have no right to vote on any matter to come before the Company or involving the business of the Company, it being acknowledged that, unless so provided, the Board shall have the exclusive right and obligation to exercise same. No Member shall take any action on behalf of, or in the name of, or otherwise bind the Company, or enter into any contract, agreement, commitment or obligation binding upon the Company, or, in its capacity as a Member, perform any act in any way relating to the Company or the Company's assets, except in a manner and to the extent specifically authorized by the provisions of this Agreement.
Management and Control of Business. 3.1 General Overall Management Vested in Members; Special Management ---------------------------------------------------------------- Vesting in LC Manager. --------------------- (a) Except as expressly provided otherwise herein, management for the purpose of the business of the Company shall be vested, generally, in the Members in proportion to their Percentage Interests. The Members or any of their Affiliates may engage in other activities of any nature. (b) If required by law a Member shall qualify to do business in California by obtaining a certificate of authority to do so from the Office of the Secretary of State. (c) By unanimous vote in accordance with their Percentage Interests, the Members of the Company have selected LandBank Environmental Properties LLC as the LC Manager. Such LC Manager shall be responsible for the day-to-day management affairs of the Company until he shall be replaced by a unanimous vote of such Members according to their Percentage Interest.
Management and Control of Business. Management Vested in Members . As contemplated in the Articles, management of the Company shall be vested in the Members in proportion to their contributions to the capital of the Company. The Members may bestow such authority otherwise reserved to them upon such officers, agents or employees as they may determine in compliance herewith. If the Members shall unanimously determine, the Company may thereafter be managed by one (1) or more managers, who may be elected by the Members annually as provided in this Article 3 (whether one or more, the "Manager"). Following such determination to discontinue management of the Company by the Members, all 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 Manager, unless otherwise provided in the Act, the Articles, or this Agreement. The Members and Manager or any of their Affiliates may engage in other activities of any nature. Any Manager need not be a Member, an individual, a resident of the State of ______________________________, or a citizen of the United States. If required by law, any Manager shall be qualified to do business in ______________________________ by obtaining a certificate of authority to do so from the Secretary of State of the State of ______________________________.
Management and Control of Business. As provided in the Articles and this Agreement, all management powers over the business and affairs of the Company shall be exclusively vested in PINNACLE ENTERTAINMENT, INC., who shall be the Manager of the Company. No Member, by virtue of having the status of a Member, shall have any management power over the business and affairs of the Company or actual or apparent authority to enter into contracts on behalf of, or to otherwise bind, the Company. Except as otherwise specifically provided in the Articles or this Agreement, the business and affairs of the Company shall be managed under the direction of the Manager, and the day-to-day activities of the Company shall be conducted on the Company's behalf by the Manager, who shall be an agent of the Company. In addition to the powers that now or hereafter can be granted to managers under the Act and to all other powers granted under any other provision of the Articles or this Agreement, the Manager shall have full power and authority to do all things on such terms as he, in his sole discretion, may deem necessary or appropriate to conduct, or cause to be conducted, the business and affairs of the Company. The Manager of the Company shall be PINNACLE ENTERTAINMENT, INC., who shall serve in such capacity until such time as it resigns or is unable to serve, and it shall not be subject to removal by the Members.
Management and Control of BusinessSection 3.1 Overall Management Vested in Members Meetings of the Members. Section 3.2 Management Committee and Operating Manager Appointment of Management Committee Management Committee Standard of Care Duties of the Management Committee Major Decisions Decisions Reserved for Unanimous Consent of Members Election of Operating Manager Duties of Operating Manager Operating Manager’s Standard of Care Section 3.3 Compensation of Members Section 3.4 Organization Expenses