Common use of Powers of the Manager Clause in Contracts

Powers of the Manager. (a) The Manager shall have no power to enter into any contract for or on behalf of the Company or otherwise subject it to any obligation, such power to be the sole right and obligation of the Company, acting through its Board of Directors and/or the Company’s officers.

Appears in 11 contracts

Samples: Management Services Agreement (1847 Holdings LLC), Management Services Agreement (1847 Holdings LLC), Management Services Agreement (1847 Holdings LLC)

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Powers of the Manager. (a) The Manager shall have no power to enter into any contract for or on behalf of subject the Company or otherwise subject it the Managed Subsidiaries to any obligation, such power to be the sole right and obligation of the Company, acting through its Board of Directors and/or Company Officers, or of the Company’s applicable Managed Subsidiary, acting through its Board of Directors and/or officers.

Appears in 11 contracts

Samples: Management Services Agreement, Management Services Agreement (Macquarie Infrastructure Holdings, LLC), Management Services Agreement

Powers of the Manager. (a) The Manager shall have no power to enter into any contract for or on behalf of the Company or otherwise subject it to any obligation, such power to be the sole right and obligation of the Company, acting through its Board of Directors and/or the Company’s officersCompany Officers.

Appears in 10 contracts

Samples: Management Services Agreement, Management Services Agreement (Compass Group Diversified Holdings LLC), Management Services Agreement (Compass Diversified Holdings)

Powers of the Manager. (a) . (a) The Manager shall have no power to enter into any contract for or on behalf of subject the Company or otherwise subject it the Managed Subsidiaries to any obligation, such power to be the sole right and obligation of the Company, acting through its Board of Directors and/or Company Officers, or of the Company’s applicable Managed Subsidiary, acting through its Board of Directors and/or officers.

Appears in 1 contract

Samples: Management Services Agreement (Macquarie Infrastructure Holdings, LLC)

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Powers of the Manager. (a) The Manager shall have no power to enter into any contract for or on behalf of the Company or otherwise subject it to any obligation, such power to be the sole right and obligation of the Company, acting through its the Board of Directors and/or and the Company’s Company officers.

Appears in 1 contract

Samples: Management Services Agreement (Ore Pharmaceutical Holdings Inc.)

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