Restrictions on Authority of the Manager. The Manager shall not have the authority or right to do any of the following acts:

Appears in 4 contracts

Samples: Operating Agreement (Salem Communications Corp /De/), Operating Agreement (Salem Communications Corp /De/), Operating Agreement (Salem Communications Corp /De/)

Restrictions on Authority of the Manager. ~~The~~ No Manager shall ~~not~~ have the authority to, and each Manager covenants and agrees that it shall not take or ~~right to~~ do any of the following ~~acts~~acts without the Approval of the Members:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Magellan Petroleum Corp /De/)

Restrictions on Authority of the Manager. The Manager shall not have the authority ~~or right to do any of the following acts~~to:

Appears in 1 contract

Samples: Operating Agreement (Wendy's of Denver, Inc.)

Common use of Restrictions on Authority of the Manager Clause in Contracts