No Management Responsibility. The Sole Member shall not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the Manager.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ikon Receivables Funding LLC), Limited Liability Company Agreement (Ikon Receivables LLC), Limited Liability Company Agreement (Ikon Receivables LLC)
No Management Responsibility. The Sole Member Member, in such capacity, shall not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the Manager.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Greenpoint Mortgage Securities LLC), Limited Liability Company Operating Agreement (Greenpoint Mortgage Securities Inc/)
No Management Responsibility. The Sole Member Members shall not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the ManagerCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copelco Capital Funding LLC 99-1)
No Management Responsibility. The Sole Member shall not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the ManagerCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copelco Capital Funding LLC 99-B)
No Management Responsibility. The Sole Member shall not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the ManagerCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copelco Capital Funding Corp Xi)
No Management Responsibility. The Sole Member shall not ---------------------------- take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ikon Receivables Funding LLC)
No Management Responsibility. The Sole Member shall ---------------------------- not take part in the management of the business or the affairs, or transact any business for, the Company, except to the extent that its approval or consent is expressly required under this Agreement for the taking of any actions by or on behalf of the Company or of the Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ikon Receivables LLC)
