Management Powers. The Member shall be deemed to be a “manager” within the meaning of Section 18-101(10) of the Delaware Act. In accordance with Section 18-402 of the Delaware Act, management of the Company shall be vested solely in the Member. The Member 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 members of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Michael Foods Group, Inc.), Limited Liability Company Agreement (Aleris Ohio Management, Inc.), Limited Liability Company Agreement (Aleris Ohio Management, Inc.)
