Restrictions on Authority of Directors. (a) The Directors shall not have authority to, and they covenant and agree that they shall not, do any of the following acts without the unanimous consent of the Members:
Appears in 37 contracts
Samples: Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (First United Ethanol LLC), Operating Agreement (Western Dubuque Biodiesel, LLC)
Restrictions on Authority of Directors. (a) The Notwithstanding any provision in this Agreement to the contrary, the Directors shall not have authority to, and they covenant and agree that they shall not, do any of the following acts without the unanimous consent of the Members:
Appears in 25 contracts
Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement
Restrictions on Authority of Directors. (a) The Directors shall not have authority to, and they covenant and agree that they shall not, do any of the following acts without the unanimous consent of the Class A Members:
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
