Common use of Management of Series Clause in Contracts

Management of Series. The management of the Series shall be vested in the Series Manager. The Series Manager 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, possessed by managers of a series limited liability company under the laws of the State of Delaware. The Series Manager shall have the authority to bind the Series to any legally binding agreement, including setting up and operating separate bank accounts on behalf of the Series.

Management of Series. The management of the this Series shall be is vested in the Series Manager. The Series Manager shall have has the power to do any and all acts necessary, convenient convenient, or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by managers of a series limited liability company under the laws of the State of Delaware. The Series Manager shall have has the authority to bind the this Series to any legally binding agreement, including setting up and operating separate bank accounts on behalf of the this Series and raising capital on behalf of this Series.