Common use of Members Shall Not Manage or Control Clause in Contracts

Members Shall Not Manage or Control. The Members, other than as they may act by and through the Board of Managers, shall take no part in the management of the business and affairs of the Company and shall transact no business for the Company, in each case, other than as specifically delegated by the Board of Managers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Terawulf Inc.), Limited Liability Company Agreement

AutoNDA by SimpleDocs

Members Shall Not Manage or Control. The Members, other than as they may act by and through the Board of ManagersBoard, shall take no part in the management of the business and affairs of the Company and shall transact no business for the Company, in each case, case other than as specifically delegated by the Board of ManagersBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Members Shall Not Manage or Control. The Members, other than as they may act by and through the Board of Managers, shall take no part in the management of the business and affairs of the Company and shall transact no business for the Company, in each case, case other than as specifically delegated by the Board of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Members Shall Not Manage or Control. The Members, other than as they may act by and through the Board of ManagersBoard, shall take no part in the management of the business and affairs of the Company and shall transact no business for the Company, in each case, case other than as specifically delegated by the Board of Managers.Board.‌

Appears in 1 contract

Samples: Limited Liability Company Agreement

AutoNDA by SimpleDocs

Members Shall Not Manage or Control. The Members, other than as they may act by and through the Board of Managers, shall take no part in the management of the business and affairs of the Company and shall transact no business for the Company, in each case, other than as specifically delegated by the Board of Managers.. 5.3

Appears in 1 contract

Samples: Limited Liability Company Agreement (Us Concrete Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.