Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 83 contracts
Samples: Limited Liability Company Agreement (NGL Supply Terminal Company, LLC), Limited Liability Company Agreement (NGL Supply Terminal Company, LLC), Limited Liability Company Agreement (NGL Supply Terminal Company, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction ofof the Members, and the Member, which Members shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, except as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberset forth herein.
Appears in 36 contracts
Samples: Limited Liability Company Agreement (Ub Fuel Cell, LLC), Limited Liability Company Agreement (Ub Fuel Cell, LLC), Limited Liability Company Agreement (Ub Fuel Cell, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall Managing Member and the Managing Member may make all decisions and take all actions for the Company. Notwithstanding Company as in its sole discretion it deems necessary or appropriate to carry out the foregoing, purposes for which the Member may designate one or more persons, who may or may not be members Company is being formed under this Agreement and to further the interests of the Company, as officers (“Officers”) of the Company. Officers shall have such rights Company and duties as may be designated by the Memberits Members.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 6 contracts
Samples: Operating Agreement (A.W. Realty Company, LLC), Operating Agreement (A.W. Realty Company, LLC), Limited Liability Company Agreement (Eclipse Resources-Ohio, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction ofby, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the its Member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (LyondellBasell F&F Holdco, LLC), Limited Liability Company Agreement (LyondellBasell F&F Holdco, LLC), Limited Liability Company Agreement (LyondellBasell F&F Holdco, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the MemberMembers, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member Members may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the MemberMembers.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NGL Supply Terminal Company, LLC), Limited Liability Company Agreement (NGL Supply Terminal Company, LLC), Limited Liability Company Agreement (NGL Supply Terminal Company, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under under, it’s designated Manager or Managers. In addition to the direction ofpowers and authorities expressly conferred by this Agreement upon the Managers, the Member, which shall make Managers may exercise all decisions such powers of the Company and take do all actions for the Company. Notwithstanding the foregoing, such lawful acts and things as are not directed or required to be exercised or done by the Member may designate one by the Act or more personsthis Agreement, who may including, but not limited to, contracting for or may not be members incurring debts, liabilities and other obligations on behalf of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Trinity Parts & Components, LLC), Limited Liability Company Agreement (Trinity Parts & Components, LLC), Limited Liability Company Agreement (Trinity Industries Inc)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which who shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 2 contracts
Samples: Company Agreement (Milagro Oil & Gas, Inc.), Company Agreement (Milagro Oil & Gas, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under under, its designated Manager or Managers. In addition to the direction ofpowers and authorities expressly conferred by this Agreement upon the Managers, the Member, which shall make Managers may exercise all decisions such powers of the Company and take do all actions for such lawful acts and things as are not directed or required to be exercised or done by the Company. Notwithstanding Members by the foregoingAct, the Member may designate one Articles or more personsthis Agreement, who may including, but not limited to, contracting for or may not be members incurring debts, liabilities and other obligations on behalf of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 2 contracts
Samples: Operating Agreement (Advanced Na, LLC), Operating Agreement (Health Diagnostics of New Jersey, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under under, its designated Manager or Managers. In addition to the direction ofpowers and authorities expressly conferred by this Agreement upon the Managers, the Member, which shall make Managers may exercise all decisions such powers of the Company and take do all actions for the Company. Notwithstanding the foregoing, such lawful acts and things as are not directed or required to be exercised or done by the Member may designate one by the Act or more personsthis Agreement, who may including, but not limited to, contracting for or may not be members incurring debts, liabilities and other obligations on behalf of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Trinity Marine Products, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the sole Member, which who shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 2 contracts
Samples: Company Agreement (Milagro Oil & Gas, Inc.), Company Agreement (Milagro Oil & Gas, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
2. Each reference in the Agreement to “Board of Managers” or “Board Member(s)” is hereby deleted and replaced with “Member.”
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Opr, LLC), Limited Liability Company Agreement (NGL Crude Terminals, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the its Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the MemberMembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (First Cash, Ltd.)
Management. (a) The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions Members. In managing the business and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members affairs of the CompanyCompany and exercising its power, each Member shall act through its Representatives as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberdescribed in Section 8.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Candlewood Hotel Co Inc)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the sole Member, which who shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Camber Energy, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall will have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (LandBridge Co LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, of the Member, which . The Member shall make all decisions and take all actions for be authorized to designate officers of the Company. Notwithstanding Company to manage the foregoing, the Member may designate one or more persons, who may or may not be members day to day affairs of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Management. The powers of the Company shall be exercised by or and under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members Governing Persons of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Company Agreement (LGI Homes, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, of the Member, which and the Member shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, except as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberset forth herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (LiveWatch Security, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under under, its Member. The Member shall have the direction ofauthority to elect officers, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Companyto delegate duties to such officers, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberprovided in Section 9.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Exco Resources Inc)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed by and through the Member. The Member shall possess all rights and powers which are possessed by managers under the direction ofAct and otherwise by law, including the Member, which shall make all decisions appointment of one or more officers with such power and take all actions for the Company. Notwithstanding the foregoing, authority as the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberdesignate.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Inergy Storage, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the The Member may also designate one or more persons, who may or may not be members any person to serve as an officer of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Walter Energy, Inc.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Majority Member, which who shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member Members may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the MemberMembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NGL Supply Terminal Company, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, a management committee, the Member, managers of which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (FDR Ireland LTD)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, Managing Member who shall act as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Memberprovided in this Operating Agreement.
Appears in 1 contract
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company Company, shall be managed under the direction of, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Membermembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (KCI Animal Health, LLC)
Management. The Subject to the limitations set forth herein, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under by the direction ofMembers. Notwithstanding, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may Members shall designate one or more persons, Managers who may or may not shall be members of responsible for overseeing the Company, as officers (“Officers”) basic operational activities of the Company. Officers shall have such rights The Managers are authorized to exercise only those powers and duties as may be designated authorities expressly granted, in writing, to the Managers by a Majority in Interest of all the MemberMembers.
Appears in 1 contract
Samples: Operating Agreement (Texas San Macros Treatment Center Lp)
Management. The Except as otherwise limited by applicable law, all powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, the Member, which Company’s Manager (the “Manager”) who shall make have all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Companyrights, as officers (privileges and responsibilities of a “Officers”) manager” of a limited liability company under the Act. There shall be one Manager of the Company. Officers Pursuant to Section 18-401 of the Act, the initial Manager shall have such rights and duties as may be designated by the Member.Xxxxxxx Bros., L.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bumble Bee Capital Corp.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, managers who shall be referred to herein as the Member"Board of Managers" or the "Managers", which who shall make all decisions and take all actions for the Company. Notwithstanding No Member in its capacity as a Member has the foregoingright, the Member may designate one power or more persons, who may authority to act for or may not be members on behalf of the Company, as officers (“Officers”) to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Parallel, L.P.)
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under by, its Sole Member upon the direction ofterms set forth in this Agreement, subject to the Member, which shall make all decisions right of the Sole Member to delegate such power and take all actions for authority to the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members officers of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Management. The powers of the Company shall be exercised by or under the authority of, and xxx the business and affairs of the Company shall be managed under the direction ofunder, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be its designated by the MemberManager(s).
Appears in 1 contract
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, of the Member, which ; and the Member shall make all decisions and take all lawful actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)
Management. The Except as specifically provided herein, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction ofby, the MemberMembers, which shall make all decisions and take all actions be responsible for the Companymanagement and operations of the Company and shall have all powers necessary to manage and control the Company and to conduct its business. Notwithstanding In managing the foregoingbusiness and affairs of the Company and exercising its powers, the Member Members may designate delegate power and authority to one or more persons, who may or may not be members officers of the Company, as officers (“Officers”) of the Company. Officers who shall have exercise such rights powers and perform such duties as may be designated by the Memberare specified in Section 7.4.
Appears in 1 contract
Samples: Limited Liability Company Agreement (EXCO Partners GP, LLC)
Management. The powers of the Company shall be exercised by or under the authority of, and axx the business and affairs of the Company shall be managed under the direction ofunder, the Member, which shall make all decisions and take all actions for the Companyits designated Manager(s). Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be designated by the Member.3.2
Appears in 1 contract
Management. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction ofunder, the Member, which shall make all decisions and take all actions for the Company. Notwithstanding the foregoing, the Member may designate one or more persons, who may or may not be members of the Company, as officers (“Officers”) of the Company. Officers shall have such rights and duties as may be its designated by the MemberManager(s).
Appears in 1 contract