Common use of Manager’s General Powers and Certain Specific Powers Clause in Contracts

Manager’s General Powers and Certain Specific Powers. Except as provided in Section 7.3, the Manager shall have the full, complete and exclusive authority, power and discretion to manage and control the business, property and affairs of the Fund, to make all decisions regarding those matters, to perform any and all other acts or activities customary or incident to the management of those matters and shall have the right and authority to bind the Fund and to negotiate, execute and deliver any and all contracts, instruments and certificates on behalf of the Fund in furtherance of the Fund’s business or affairs including without limitation, acquiring and participating in the Projects. The Manager shall also have the powers and duties as may be prescribed by other sections of this Agreement, by law, or by the Members by consent. Not in limitation of the generality of this Section 6.2.1, the Manager shall have the powers, without the prior consent of the Investors, to do any of the following:

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC)

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