Common use of Management by Manager Clause in Contracts

Management by Manager. The affairs of the Company shall be managed by a manager. The manager shall have authority to make all decisions with respect to the Company as provided in Section 7. The manager shall have authority to execute documents on behalf of the Company, and the signature of the manager on behalf of the Company shall be binding on the Company. The member in the capacity of member shall not have authority to bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (VeraSun Aurora Corp), Limited Liability Company Agreement (VeraSun Aurora Corp), Limited Liability Company Agreement (VeraSun Aurora Corp)

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Management by Manager. 2.5.1 The business and affairs of the Company shall be managed only by a managerits Manager. The manager Manager shall have authority full and complete authority, power and discretion to manage and control the business, affairs and properties of the Company, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's business. The name and address of the current Manager is set out in Schedule C hereto. 2.5.2 The Members shall have no right to make any decisions with respect regard to the Company or vote on any matters, notwithstanding the Act, except as provided otherwise set forth herein and/or determined by the Manager in Section 7. The manager shall have authority to execute documents on behalf of the Company, and the signature of the manager on behalf of the Company shall be binding on the Company. The member in the capacity of member shall not have authority to bind the Companyaccordance with this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Management by Manager. The business and affairs of the Company shall will be managed by a managerthe “Managers”. Each Manager shall have the authority to bind the Company singly. The manager shall Managers will have authority full and complete authority, power and discretion to manage and control the business of the Company, to make all decisions with respect regarding those matters and to perform any and all other acts or activities customary or incident to the Company as provided in Section 7. The manager shall have authority to execute documents on behalf management of the Company’s business and objectives, including the duties and the signature of the manager powers described on behalf of the Company shall be binding on the Company. The member in the capacity of member shall not have authority to bind the CompanySchedule 6.1.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enduro SpA)

Management by Manager. The Except as otherwise provided in this Agreement, the business and affairs of the Company shall be managed exclusively by a managerthe Manager. The manager Manager shall direct, manage, and control the business of the Company to the best of its ability and shall have authority full and complete authority, power, and discretion to make any and all decisions with respect and to do any and all things that the Manager deems to be reasonably required to accomplish the business and objectives of the Company as provided in Section 7performing its duties under this Agreement. The manager Manager shall have authority act in good faith and in a manner that the Manager reasonably believes to execute documents on behalf be in the best interests of the Company, and the signature of the manager on behalf of the Company shall be binding on the Company. The member in the capacity of member shall not have authority to bind the Company.

Appears in 1 contract

Samples: Operating Agreement

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Management by Manager. The operations and affairs of the Company shall be managed by a managerthe Manager. The manager Except as otherwise set forth in this Agreement, the Manager shall have authority full and complete authority, power and discretion to manage and control the business of the Company, to make all decisions with respect regarding those matters and to perform any and all other acts or activities customary or incident to the Company as provided in Section 7. The manager shall have authority to execute documents on behalf management of the Company, ’s business and the signature of the manager on behalf of the Company shall be binding on the Company. The member in the capacity of member shall not have authority to bind the Companyobjectives.

Appears in 1 contract

Samples: Limited Liability Company Agreement (WD Media, LLC)

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