Participation in Management. No Shareholder (other than the Manager acting in its capacity as such) shall have the right, power, authority or responsibility to participate in the ordinary and routine management of the Fund's affairs or to bind the Fund in any manner.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy U Fund LLC), Limited Liability Company Agreement (Ridgewood Energy O Fund LLC), Operating Agreement (Ridgewood Energy L Fund LLC)
Participation in Management. No Shareholder (other than the Manager acting in its capacity as such) shall have the right, power, authority or responsibility to participate in the ordinary and routine management of the Fund's ’s affairs or to bind the Fund in any manner.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC)
Participation in Management. No Shareholder Interestholder (other than the Manager acting in its capacity as suchManager) shall have the right, power, authority or responsibility to participate in the ordinary and routine management of the FundCompany's affairs or to bind the Fund Company in any manner.
Appears in 1 contract
Samples: Operating Agreement (Wolverine Energy 1997-1998 Development Program)
