Common use of Management by Board of Directors Clause in Contracts

Management by Board of Directors. The business and affairs of the Company shall be managed, operated and controlled by or under the direction of the Board of Directors of the Company (the “Board”). Subject to the provisions of Section 6.13(c), the Board shall have, and are hereby granted, full and complete power, authority and discretion for, on behalf of, and in the name of, the Company, to take such actions as they may deem necessary or advisable to carry out any and all of the objectives and purposes of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Peak Resources LP)

AutoNDA by SimpleDocs

Management by Board of Directors. The property, business and affairs of the Company shall be managedmanaged by its Board of Directors and in accordance with the terms of this Agreement. Except where the Members' approval is expressly required by this Agreement or by the Act, operated and controlled by or under the direction of the Board of Directors shall have full authority, power and discretion to make all decisions with respect to the Company's business and to perform such other services and activities as set forth in this Agreement. Each Director shall be an agent of the Company (for its business purposes and may bind the “Board”). Subject to the provisions of Section 6.13(c), the Board shall have, and are hereby granted, full and complete power, authority and discretion for, on behalf of, and Company in the name of, the Company, to take such actions as they may deem necessary or advisable to carry out any and all of the objectives and purposes of the Companyordinary course.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Key Components Finance Corp)

Management by Board of Directors. The business and affairs of the Company Corporation shall be managed, operated and controlled managed by or under the direction of the Board of Directors. In addition to the powers and authorities expressly conferred upon the Board of Directors by statute or this Amended and Restated Certificate of Incorporation or the bylaws of the Company (the “Board”). Subject to the provisions of Section 6.13(c)Corporation, the Board shall have, and are hereby granted, full and complete power, authority and discretion for, on behalf of, and in the name of, the Company, to take of Directors may exercise all such actions as they may deem necessary or advisable to carry out any and all powers of the objectives Corporation and purposes of do all such lawful acts and things as may be exercised or done by the CompanyCorporation.

Appears in 1 contract

Samples: Merger Agreement (Koffee Korner Inc.)

AutoNDA by SimpleDocs

Management by Board of Directors. The business and affairs of the Company Corporation shall be managed, operated and controlled managed by or under the direction of the Board of Directors. In addition to the powers and authorities expressly conferred upon the Board of Directors by statute or this Certificate of Incorporation or the bylaws of the Company (the “Board”). Subject to the provisions of Section 6.13(c)Corporation, the Board shall have, and are hereby granted, full and complete power, authority and discretion for, on behalf of, and in the name of, the Company, to take of Directors may exercise all such actions as they may deem necessary or advisable to carry out any and all powers of the objectives Corporation and purposes of do all such lawful acts and things as may be exercised or done by the CompanyCorporation.

Appears in 1 contract

Samples: Merger Agreement (Superconductor Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!