Common use of Management of the Company Clause in Contracts

Management of the Company. (a) Subject to the delegation of rights and powers provided for herein, management of the Company shall be vested exclusively in the Member, who shall have the sole right to manage the business of the Company and shall have all powers and rights necessary, appropriate or advisable to carry out the purposes and business of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this Agreement.

Appears in 12 contracts

Samples: Operating Agreement (FD Spinco II, Inc.), Operating Agreement (FD Spinco II, Inc.), Operating Agreement (FD Spinco II, Inc.)

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Management of the Company. (a) Subject to the delegation delegations of rights and powers provided for hereinauthority set forth in this Agreement, management of the Company shall be vested exclusively in the Member, who . The Member shall have the sole right to manage the business of the Company and shall have all powers and rights necessary, appropriate or advisable to carry out the purposes and business of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this AgreementAgreement and the Member’s Certificate of Incorporation and By-Laws, where applicable, in each case as in effect from time to time.

Appears in 4 contracts

Samples: Operating Agreement (Momentive Performance Materials Worldwide Inc.), Operating Agreement (Momentive Performance Materials Worldwide Inc.), Operating Agreement (Momentive Performance Materials Worldwide Inc.)

Management of the Company. (a) Subject to the delegation of rights and powers provided for herein, The management of the Company shall be vested exclusively in the Member, who managers. The managers shall have complete and exclusive discretion in the sole right to manage management and control of the affairs and business of the Company Company, and shall have possess all powers and rights necessary, convenient or appropriate or advisable to carry carrying out the purposes and business of the Company Company, including, without limitation, doing all things and is authorized taking all actions necessary to execute carry out the terms and provisions of this Agreement and delegating any document on behalf or all of its powers, rights and obligations under this Agreement and appointing such officers of the Company in all cases consistent with this Agreementto perform acts or services for the Company pursuant to Section 6.01 hereof.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Diamond Offshore Drilling, Inc.), Limited Liability Company Agreement (Diamond Offshore Drilling, Inc.), Limited Liability Company Agreement (Diamond Offshore Drilling, Inc.)

Management of the Company. (a) Subject to the delegation of rights and powers provided for herein, management of the Company shall be vested exclusively in the Member, who The Managing Member shall have the sole exclusive right to manage the business of the Company Company, and shall have all powers and rights necessary, appropriate or advisable to effectuate and carry out the purposes and business of the Company and is authorized to execute any document on behalf of the Company and, in general, all cases consistent with this Agreement.powers

Appears in 3 contracts

Samples: Limited Liability Company Agreement (WTNH Broadcasting Inc), Limited Liability Company Agreement (WTNH Broadcasting Inc), Limited Liability Company Agreement (WTNH Broadcasting Inc)

Management of the Company. (a) Subject to the delegation of rights and The powers provided for herein, management of the Company shall be vested exercised exclusively in by or under the exclusive authority of, and the business and affairs of the Company shall be managed under the exclusive direction and control of, the Member. The Member shall always retain the authority to make management decisions notwithstanding any delegation of duties by the Member to any manager, officer, employee or agent. The Member may, but shall not be required to, designate one or more managers, officers or other agents who shall have the sole right to manage the business of the Company such duties and shall have all powers and rights necessary, appropriate or advisable perform such functions as may be delegated to carry out them by the purposes and business of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this AgreementMember.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (SPDR Dow Jones Industrial Average Etf Trust), Limited Liability Company Agreement (SPDR S&p Midcap 400 Etf Trust)

Management of the Company. (a) Subject to the delegation of rights The business and powers provided for herein, management affairs of the Company shall be vested managed and controlled solely and exclusively in by the Managing Member, who shall have all of the sole right rights that may be possessed by a member pursuant to manage the Act and such rights and powers as are otherwise conferred by law or are necessary, advisable or convenient for the management of the business and affairs of the Company and shall have all powers and rights necessary, appropriate or advisable to carry out the purposes and business of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this AgreementCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Commercial Lines LLC)

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Management of the Company. (a) Subject to the delegation of rights and powers as provided for hereinherein and except as otherwise herein provided, management of the Company shall be is vested exclusively in the Member, who Board of Directors and the Board of Directors shall have the sole right and authority to manage and conduct the business and affairs of the Company and shall have all powers and rights necessary, appropriate or advisable to effectuate and carry out the purposes purposes, powers, business and business other activities of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this AgreementCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dryrock Issuance Trust)

Management of the Company. (a) Subject to the delegation of rights and powers provided for herein, management of the Company shall be vested exclusively in the Member, who shall have the sole right to manage the business of the Company and shall have all powers and rights necessary, appropriate or advisable to carry out the purposes and business of the Company and is authorized to execute any document on behalf of the Company in all cases consistent with this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (FIS Healthcare Holdings, LLC)

Management of the Company. (a) Subject to the delegation of rights and powers provided for herein, management of the The Company shall be vested exclusively in managed by its Member and the Member, who Member shall have the sole right to manage the business full, exclusive and complete charge of the Company and shall have all powers and rights necessary, appropriate or advisable to carry out the purposes affairs and business of the Company and is authorized to execute any document on behalf of the Company management and control of the Company. The Member shall have all the rights and powers as are conferred by law or as it deems necessary, advisable or convenient in all cases consistent with this Agreementmanaging the business and affairs of the Company.

Appears in 1 contract

Samples: Operating Agreement (UTI Holdings, LLC)

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