Common use of Restrictions on Authority of the Managing Member Clause in Contracts

Restrictions on Authority of the Managing Member. Notwithstanding anything to the contrary contained herein, without the written consent of all of the Preferred Members, the Managing Member shall not have the authority to, with respect to the Company:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (RiverBanc Multifamily Investors, Inc.), Contribution Agreement (RiverBanc Multifamily Investors, Inc.), Limited Liability Company Agreement (RiverBanc Multifamily Investors, Inc.)

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Restrictions on Authority of the Managing Member. Notwithstanding anything to the contrary contained herein, without the written consent of all of the Preferred Members, the The Managing Member shall not have the authority to, with respect to the Company:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (APT Sunshine State LLC), Limited Liability Company Agreement (Resource America Inc)

Restrictions on Authority of the Managing Member. Notwithstanding anything to the contrary contained hereinExcept as otherwise provided in this Agreement, without the prior written consent of all of the Preferred Members, the Managing Member shall not have the authority to, with respect to and the CompanyManaging Member hereby covenants and agrees that it shall not:

Appears in 2 contracts

Samples: Partnership Agreement (Ims Health Inc), Agreement (Ims Health Inc)

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Restrictions on Authority of the Managing Member. Notwithstanding anything to the contrary contained herein, without the written consent of all of the Preferred Members, the The Managing Member shall not have without the authority to, with respect to prior consent of all the CompanyMembers:

Appears in 1 contract

Samples: Operating Agreement (Gear Products Inc)

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