Common use of Powers of the Managing Members Clause in Contracts

Powers of the Managing Members. (a) Subject to the limitations set forth herein, all management powers over the business and affairs of the Company are exclusively vested in the Managing Members, and no Member other than the Managing Members shall have any right to participate in or exercise control or management power over the business and affairs of the Company.

Appears in 4 contracts

Samples: Lease Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc)

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