Common use of Participation in Management Clause in Contracts

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: LLC Operating Agreement (Ridgewood Energy Q Fund LLC), LLC Operating Agreement (Ridgewood Energy M Fund LLC), LLC Operating Agreement (Ridgewood Energy K Fund LLC)

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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: LLC Operating Agreement (Ridgewood Energy v Fund LLC)

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