MANAGERS’ MANNER OF ACTING. As long as there is more than one person serving as a Manager, the Manager(s) shall exercise all powers set forth in Section 4.05 of this Agreement by the vote or consent of a majority of the Managers then serving.
Appears in 77 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
MANAGERS’ MANNER OF ACTING. As long as there is more than one (1) person serving as a Manager, the Manager(s) shall exercise all powers set forth in Section 4.05 of this Agreement by the vote or consent of a majority of the Managers then serving.
Appears in 10 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
MANAGERS’ MANNER OF ACTING. As long as there is more than one person serving as a Manager, the Manager(s) shall exercise all powers of the Manager set forth in Section 4.05 of this Agreement by the vote or consent of a majority of the Managers Mangers then serving, and the Chief Executive Manager shall have the responsibility to carry out the decisions of the Managers.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
MANAGERS’ MANNER OF ACTING. As long as there is more than one person serving as a ManagerManager and no Chief Executive Manager has been elected, the Manager(s) shall exercise all powers set forth in Section 4.05 of this Agreement by the vote or consent of a majority of the Managers then serving.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
MANAGERS’ MANNER OF ACTING. As For so long as there is more than one person serving as a Manager, the Manager(s) Managers shall exercise all powers of the Manager set forth in Section 4.05 of this Agreement by the vote or consent of a majority of the Managers Mangers then serving, and the Chief Executive Manager shall have the responsibility to carry out the decisions of the Managers.
Appears in 1 contract
