Common use of Management by Managing Member Clause in Contracts

Management by Managing Member. The business and affairs of the Company shall be managed exclusively by the Managing Member. The initial number of Managing Members shall be one (1) Managing Member, which shall be CENTURY COMMUNITIES, INC. The number of Managing Members may be changed by the vote or consent of the Managing Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Century Communities of Georgia, LLC), Limited Liability Company Agreement (Century Communities of Georgia, LLC), Limited Liability Company Agreement (Century Communities of Georgia, LLC)

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Management by Managing Member. The business and affairs of the Company shall be managed exclusively by the Managing Member. The initial number of Managing Members shall be one (1) Managing Member, which shall be CENTURY COMMUNITIES, INC. The number of Managing Members may be changed by the vote or consent of the then-current Managing MemberMember(s).

Appears in 4 contracts

Samples: Operating Agreement (Century Communities of Georgia, LLC), Operating Agreement (Century Communities of Georgia, LLC), Operating Agreement (Century Communities of Georgia, LLC)

Management by Managing Member. The business and affairs of the Company shall be managed exclusively by the Managing Member. , The initial number of Managing Members shall be one (1) Managing Member, which shall be CENTURY COMMUNITIES, INC. The number of Managing Members may be changed by the vote or consent of the then-current Managing MemberMember(s).

Appears in 1 contract

Samples: Operating Agreement (Century Communities of Nevada Realty, LLC)

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Management by Managing Member. The business and affairs of the Company shall be managed exclusively by the Managing Member, which shall be CENTURY COMMUNITIES, INC. (i.e., Century). The initial number of Managing Members shall be one (1) Managing MemberMember (i.e., which shall be CENTURY COMMUNITIES, INCCentury). The number of Managing Members may be changed by the vote or consent of the Managing Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Century Communities of Georgia, LLC)

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