Management of the Company by Manager. Subject to the provisions of this Agreement relating to actions required to be approved by the Members, the business, property and affairs of the Company shall be managed and all powers of the Company shall be exercised by or under the direction of the Manager. No meetings of the Members shall be required hereunder.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC)
Management of the Company by Manager. Subject to the any provisions of this Agreement relating to actions required to be approved by the Capital Members, if any, the business, property and affairs of the Company shall be managed and all powers of the Company shall be exercised by or under the direction of the Manager. No meetings of the Members shall be required hereunder.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Management of the Company by Manager. Subject to the provisions of Section 5.4 of this Agreement relating to actions required to be approved by a the Members, the business, property and affairs of the Company shall be managed and all powers of the Company shall be exercised by or under the direction of the Manager. No meetings of the Members shall be required hereunder.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TNP Strategic Retail Trust, Inc.)
