No Participation in Management. The management of the business ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member in accordance with Article VI of this Agreement. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or required by the Act, no Member, acting solely in the capacity of Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Stein Avy H), Limited Liability Company Agreement (Stein Avy H)
No Participation in Management. The Subject to Section 8.10, the management of the business ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member Board in accordance with Article VI of this Agreement. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or required by the Act, no Member, acting solely in the capacity of a Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (FMC Technologies Inc)
No Participation in Management. The management of the business and ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member in accordance with Article VI of this Agreement. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or required by the Act, no Member, acting solely in the capacity of Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Stein Avy H), Limited Liability Company Agreement (Stein Avy H)
No Participation in Management. The management of the business ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member Board in accordance with Article VI of this AgreementARTICLE VI. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or required by the Act, no Member, acting solely in the capacity of a Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Priority Technology Holdings, Inc.)
No Participation in Management. The management of the business ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member Board in accordance with Article VI of this Agreement. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or the Unitholders Agreement or required by the Act, no Member, acting solely in the capacity of a Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Yankee Holding Corp.)
No Participation in Management. The management of the business ------------------------------ and affairs of the Company shall be vested in whole in the Managing Member in accordance with Article ARTICLE VI of this Agreement. Except with respect to the ---------- execution and filing of the Certificate, as otherwise specifically provided by this Agreement or required by the Act, no Member, acting solely in the capacity of Member, shall participate in the management of or be an agent of the Company or have any authority to act for or bind the Company.
Appears in 1 contract
