Management of Company. 5.1.1 The Members, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 237 contracts
Samples: Limited Liability Company Operating Agreement (Sibannac, Inc.), Limited Liability Company Operating Agreement, Limited Liability Company Agreement
Management of Company. 5.1.1 The Members, within the authority granted by the Act and the terms of this Agreement Agreement, shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs. Except as otherwise provided in this Agreement, all decisions and documents relating to the management and operation of the Company shall be made and executed by a Majority in Interest of the Members. Third parties dealing with the Company shall be entitled to rely conclusively upon the power and authority of a Majority in Interest of the Members to manage and operate the business and affairs of the Company.
Appears in 43 contracts
Samples: Multi Member Operating Agreement, Multi Member Operating Agreement, Multi Member Operating Agreement
Management of Company. 5.1.1 5.1.1. The Members, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Operating Agreement
Management of Company. 5.1.1 A. The MembersMembers shall, within the authority granted by the Act and the terms of this Agreement shall Agreement, have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Management of Company. 5.1.1 The Members, Company will be Manager Managed within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 1 contract
Samples: Holdings, LLC Operating Agreement
Management of Company. 5.1.1 The MembersMember(s), within the authority granted by the Act laws of the State of STATE and the terms of this Agreement Agreement, shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 1 contract
Samples: Operating Agreement
Management of Company. 5.1.1 The MembersMember, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.
Appears in 1 contract