Common use of Management Authority Clause in Contracts

Management Authority. Except as specifically set forth herein, the business and affairs of the Company shall be managed by or under the direction of the Member. The Member shall have full, exclusive and complete discretion to manage and control the business and affairs of the Company, to make all decisions affecting the business and affairs of the Company and to take all such actions as it deems necessary or appropriate to accomplish the purposes of the Company as set forth herein. The Member of the Company is expected to exercise its business judgment based upon its assessment of the best interests of the Company.

Appears in 7 contracts

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.)

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