Member Management. Except as otherwise expressly provided in this Agreement, the business and affairs of the LLC shall be managed and controlled by the Member, and the Member shall have full, exclusive and complete authority and discretion to make all the decisions affecting the business and affairs of the LLC, and to take all such actions as the Member deems necessary or appropriate to accomplish the purposes of the LLC; and any actions taken by the Member shall be binding on the LLC.
Member Management. Subject to Section 7.2 below, the business and affairs of the Company shall be managed by the Members by the affirmative vote of a majority-in-interest of the Members (unless otherwise provided herein). The Members shall have the power to do any and all acts necessary or convenient to, or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members under the Act.
Member Management. The Company shall be managed solely by the Member, who may be known as and hold whatever title(s) the Member chooses.
Member Management. Subject to Section 9(c), the business and affairs of the Company shall be managed by or under the direction of the Member.
Member Management. The business and affairs of the Company shall be managed and all its powers shall be exercised by or under the direction of the Members. The Members may take any action consented to in writing by a majority in Membership Interests of the Members or otherwise approved by a majority in Membership Interests of the Members.
Member Management. The Company shall be Member managed and shall have no managers. Except as otherwise provided in this Agreement (including the right of the Members to Approve Major Decisions under Section 5.1.5), any Member who is not a Terminated Member may supervise and/or undertake the business of the Company and make decisions affecting the day-to-day operations of the Company and the Investment, including the acts to be taken by the Company as the Lessor under the Lease. Except to the extent the Approval of a Member is expressly required under this Agreement, no consent or Approval of the other Member shall be required with respect to any action or decision of such Member with respect to Company matters. No Member shall receive any compensation for serving as a Member or undertaking any action on behalf of the Company. Each Member shall cause each of its Authorized Representatives to devote as much time as is reasonably necessary to fulfill the Member's obligations under this Agreement.
Member Management. 4
3.1.1 Appointment and Authority of Operating Member; Tax Matters Member ...................................... 5 3.1.2 Restrictions on Authority of Members ............................ 5 3.1.3 Delegation by Operating Member .................................. 7 3.1.4 Member Meetings ................................................. 7 3.2 Compensation; Expense Reimbursement .................................. 7 3.3 Other Business of Members ............................................ 7
Member Management. The member shall exercise all authority ordinarily allocated to the Board of Governors. The member may take any action otherwise within the authority of the Board of Governors, and any action so taken shall be an action of the member in its capacity as such pursuant to Section 322B.606, subd. 2 of the Act.
Member Management. The overall management of the business and affairs of the Company shall be exercised by or under the direction of the Sole Member. The Sole Member may delegate to officers of the Company the power and authority to administer the business and affairs of the Company as provided in this Article II.
Member Management. Except as expressly provided otherwise by Law or this Operating Agreement, 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, one or more Managers.
