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

Restrictions on Authority of the Manager. The Manager shall not have the authority to, and covenants and agrees that it shall not, do any of the following acts without the majority Consent of the members of the Policy Board:

Appears in 3 contracts

Samples: Operating Agreement (Diversified Opportunities Group LTD), Operating Agreement (Raceland Truck Plaza & Casino LLC), Operating Agreement (Black Hawk Gaming & Development Co Inc)

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Restrictions on Authority of the Manager. (a) The Manager shall not have the authority to, and covenants and agrees that it shall not, do any of the following acts without the majority Consent prior written consent of the members a Majority of the Policy BoardMembers:

Appears in 1 contract

Samples: Operating Agreement (Gourmet Renee, LLC)

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