MANAGEMENT OF BUSINESS AND AFFAIRS OF THE COMPANY. Section 4.1 Management of Business and Affairs of the Company. All Company powers shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed by, the Managers, subject to any limitation set forth in the Certificate of Formation; provided, however, that only the Members, by vote or written consent of Members holding a majority of the Units, may take the following actions or may direct the Managers to take the following actions:
Appears in 4 contracts
Samples: Limited Liability Company Agreement (T-Mobile Puerto Rico Holdings LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)
MANAGEMENT OF BUSINESS AND AFFAIRS OF THE COMPANY. Section 4.1 Management of Business and Affairs of the Company. All Company powers shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed by, the Managers, subject to any limitation set forth in the Certificate of Formation; provided, however, that only the Members, by vote or written consent of Members holding a majority of the Units, may take the following actions or may direct the Managers to take the following actions:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Metropcs Networks California, LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)
