Common use of Powers of Manager Clause in Contracts

Powers of Manager. Except as expressly provided otherwise in the Act, the Articles or this Operating Agreement, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed by, one or more Managers. The powers so exercised shall include but not be limited to the following:

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Delta Mine Holding CO), Operating Agreement (Delta Mine Holding CO)

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Powers of Manager. Except as expressly provided otherwise in the Act, the Articles or this Operating Agreement, the powers of the ofthe Company shall be exercised by or under the authority of, and the business and affairs of the ofthe Company shall be managed by, one or more Managers. The powers so exercised shall include but not be limited to the following:

Appears in 1 contract

Samples: Operating Agreement

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