Common use of Restrictions on Managing Member’s Authority Clause in Contracts

Restrictions on Managing Member’s Authority. A. The Managing Member may not take any action in contravention of an express prohibition or limitation of this Agreement, including, without limitation:

Appears in 16 contracts

Samples: Guaranty Agreement (Healthpeak Properties, Inc.), Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)

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Restrictions on Managing Member’s Authority. A. The Managing Member may not not, without the written Consent of all of the Non-Managing Members, take any action in contravention of an express prohibition or limitation of this Agreement, Agreement including, without limitation:

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.)

Restrictions on Managing Member’s Authority. A. (a) The Managing Member may not take any action in contravention of an express prohibition or limitation of this Agreement, including, Agreement without limitation:the written consent of a Majority in Interest of the Members.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Clipper Realty Inc.), Limited Liability Company Agreement (Clipper Realty Inc.)

Restrictions on Managing Member’s Authority. A. The Managing Member may not not, without the written Consent of a majority of the Nonmanaging Members, take any action in contravention of an express prohibition or limitation of this Agreement, including, without limitation:

Appears in 1 contract

Samples: Fourth Amended And (Developers Diversified Realty Corp)

Restrictions on Managing Member’s Authority. A. The Managing Member may not not, without the written consent of all of the Members, take any action in contravention of an express prohibition or limitation of this Agreement, including, without limitation:

Appears in 1 contract

Samples: Operating Agreement (Strategic Hotel Capital Inc)

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Restrictions on Managing Member’s Authority. A. The Managing Member may not take (a) Notwithstanding any action in contravention of an express prohibition or limitation other provision of this Agreement, including, without limitationthe Managing Member shall not have authority to do any of the following:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)

Restrictions on Managing Member’s Authority. A. (a) The Managing Member may not take any action in contravention of an express prohibition or limitation of this AgreementAgreement without the Consent of the Members, includingand may not, without limitation:

Appears in 1 contract

Samples: Operating Agreement (Lineage, Inc.)

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