MANAGERS' DUTY TO DEVOTE TIME. A Manager shall devote such time, attention and effort to the Company as he deems reasonably necessary for the proper management of the business of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Detroit Edison Securitization Funding LLC), Limited Liability Company Agreement (Detroit Edison Securitization Funding LLC)
MANAGERS' DUTY TO DEVOTE TIME. A The Manager shall devote such time, attention and effort to the Company as he deems reasonably necessary be responsible for the proper management conduct of the business of the Company as set forth in this Agreement in such a manner as to maximize the value of the Company's assets, and the Manager shall devote such resources to the Company business as shall be necessary or useful to manage and supervise the Company's business and affairs in a proper and efficient manner.
Appears in 1 contract
MANAGERS' DUTY TO DEVOTE TIME. A Manager The Managers shall devote such time, attention and effort to the Company as he deems reasonably necessary be responsible for the proper management conduct of the business of the CompanyCompany as set forth in this Operating Agreement and they shall devote such time to Company business as is necessary, desirable and appropriate to manage and supervise Company business and affairs in an efficient manner.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Quintel Communications Inc)
