Management of the Fund. The Manager shall have full, exclusive and complete discretion in the management and control of the Fund. The Manager agrees to manage and control the affairs of the Fund to the best of its ability and to conduct the operations contemplated under this Agreement in a careful and prudent manner and in accordance with good industry practice. The Manager may bind the Fund.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy Q Fund LLC), Operating Agreement Limited Liability Company Agreement (Ridgewood Energy P Fund LLC), Limited Liability Company Agreement (Ridgewood Energy O Fund LLC)
Management of the Fund. The Manager shall have full, exclusive and complete discretion in the management and control of the Fund, except as otherwise provided herein. The Manager agrees to manage and control the affairs of the Fund to the best of its ability and to conduct the operations contemplated under this Agreement in a careful and prudent manner and in accordance with good industry practice. The Manager may bind the Fund.
Appears in 4 contracts
Samples: Operating Agreement (Ridgewood Energy L Fund LLC), Operating Agreement (Ridgewood Energy L Fund LLC), LLC Operating Agreement (Ridgewood Energy K Fund LLC)
Management of the Fund. The Manager shall have full, exclusive and complete discretion in the management and control of the Fund. The Manager agrees to manage and control the affairs of the Fund to the best of its ability and to conduct the operations contemplated under this Agreement in a careful and prudent manner and in accordance with good industry practice. The Manager may bind the Fund.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC), Limited Liability Company Agreement (Ridgewood Energy U Fund LLC), Limited Liability Company Agreement (Ridgewood Energy T Fund LLC)
