MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members for decision, the business, properties and affairs of the Company will be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will have the power to appoint officers of the Company, to appoint and direct agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other instruments and documents in the name and on behalf of the Company.
Appears in 3 contracts
Samples: Operating Agreement (MACRO Securities Depositor, LLC), Operating Agreement (MACRO Securities Depositor, LLC), Operating Agreement (MACRO Securities Depositor, LLC)
MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members Member for decision, the business, properties and affairs of the Company will shall be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will shall have the power to appoint officers of the Company, to appoint and direct agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other instruments and documents in the name and on behalf of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members Member for decision, the business, properties and affairs of the Company will be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will have has the power to appoint officers of the Company, to appoint and direct agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other instruments and documents in the name and on behalf of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ford Credit Floorplan Corp), Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)
MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members Member for decision, the business, properties and affairs of the Company will be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will have has the power to appoint officers of the Company, to appoint and direct direct, agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other instruments and documents in the name and on behalf of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Triad Financial Special Purpose LLC)
MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members Member for decision, the business, properties and affairs of the Company will be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will have the power to appoint officers of the Company, to appoint and direct agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other instruments and documents in the name and on behalf of the Company.
Appears in 1 contract
Samples: Operating Agreement (MACRO Securities Depositor, LLC)
MANAGEMENT OF THE COMPANY; THE BOARD OF MANAGERS; OFFICERS. Section 4.1 General Management of the Company. Subject to such matters which are expressly reserved hereunder or under the Act to the Members Member for decision, the business, properties and affairs of the Company will shall be managed by a board of managers (the "Board of Managers") which, without limiting the generality of the foregoing, will shall have the power to appoint officers of the Company, to appoint and direct agents, to grant general or limited authority to officers, employees and agents of the Company, and to make, execute and deliver contracts and other 12 instruments and documents in the name and on behalf of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
