Common use of Management by Member Clause in Contracts

Management by Member. Except as otherwise limited by this Agreement, the Member shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise; provided, however, that the Company may, at its election, appoint one or more officers to exercise its rights under this Agreement. The Member shall be entitled to make all decisions and take all actions for the Company, and the Member has the authority to bind the Company.

Management by Member. Except as otherwise limited by this Agreement, the Member shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise; provided. Subject to the terms of Section 3.06, however, that the Company may, at its election, appoint one or more officers to exercise its rights under this Agreement. The Member shall be entitled to make all decisions and take all actions for the Company, and and, subject to Article IV, the Member has the authority to bind the Company.

Management by Member. Except as otherwise limited (a) The powers of the Company shall be exercised by this Agreementor under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, and (b) the Member shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise; provided, however, that the Company may, at its election, appoint one or more officers to exercise its rights under this Agreement. The Member shall be entitled to may make all decisions and take all actions for the CompanyCompany not otherwise provided for in this Agreement. Subject to the provisions of this Agreement, and the Member has the authority may from time to bind the Companytime determine to delegate such decision-making power to any officers that may be appointed in accordance with Section 5.2 (each, an “Officer”) or any other body or representative.

Management by Member. Except as otherwise limited by this Agreement, the Member shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise; provided, however, that the Company may, at its election, appoint one or more officers to exercise its rights under this Agreement. The Member shall be entitled to make all decisions and take all actions for the Company, and the Member has the authority to bind the Company.