Common use of Powers of Manager Clause in Contracts

Powers of Manager. Without limiting the generality of Section 5.1 above but subject to Section 5.3 below and the express limitations elsewhere in this Agreement, the Manager shall have all necessary powers to manage and carry out the LLC’s purposes, business, property and affairs, including the power to exercise on behalf and in the name of the LLC all powers permitted by applicable law and the following:

Appears in 2 contracts

Samples: Operating Agreement (Molecular Imaging Corp), Operating Agreement (Molecular Imaging Corp)

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Powers of Manager. Without limiting the generality of Section 5.1 above 5.1, but subject to Section 5.3 below and the express limitations elsewhere set forth in this Agreement, including but not limited to Section 5.17, the Manager shall have all necessary powers to manage and carry out the LLC’s purposes, businessbusiness and affairs of the Company, property and affairsincluding, including without limitation, the power to exercise on behalf and in the name of the LLC Company all of the powers permitted by applicable law and described in the following:Act.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Helix Biomedix Inc)

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