Common use of POWERS OF MANAGERS Clause in Contracts

POWERS OF MANAGERS. Except as set forth in this Amended and Restated Agreement, the Managers shall have power and authority, on behalf of the Company to (a) purchase, lease or otherwise acquire from, or sell, lease or otherwise dispose of to, and Person and property, (b) open bank accounts and otherwise invest the funds of the Company, (c) purchase insurance on the business and assets of the Company, (d) commence lawsuits and other proceedings, (e) enter into any agreement, instrument or other writing, (f) retain accountants, attorneys or other agents and (g) take any other lawful action that the Managers consider necessary, convenient or advisable in connection with any business of the Company.

POWERS OF MANAGERS. Except as expressly set forth in this Amended and Restated Agreement, the Managers Manager(s) shall have power and authority, on behalf of the Company to (a) purchase, lease or otherwise acquire from, or sell, lease or otherwise dispose of to, and any Person and any property, (b) open bank accounts and otherwise invest the funds of the Company, (c) purchase insurance on the business and assets of the Company, (d) commence lawsuits and other proceedings, (e) enter into any agreement, instrument or other writing, (f) retain accountants, attorneys or other agents and (g) take any other lawful action that the Managers Manager(s) consider necessary, convenient or advisable in connection with any business of the Company.

POWERS OF MANAGERS. Except as set forth in this Amended and Restated Agreement, the Managers shall have power and authority, on behalf of the Company to (a) purchase, lease lease, or otherwise acquire from, or sell, lease or otherwise dispose of toof, and Person and property, any property to any person or entity; (b) open bank accounts and otherwise invest the funds of the Company, (c) purchase insurance on the business and assets of the Company, (d) commence lawsuits and other proceedings, (e) enter into any agreement, instrument or other writing, (f) retain accountants, attorneys attorneys, or other agents and (g) take any other lawful action that the Managers consider considers necessary, convenient or advisable in connection with any business of the Company, except that any alteration in the normal course of Company business involving an expenditure in the amount of $1000 or more shall be approved by majority vote of all the Members at a duly constituted meeting.