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

Restrictions on the Manager’s Authority. The Manager may not (i) take any action in contravention of this Agreement, (ii) take any action that would make it impossible to carry on the ordinary business of the Company, except as otherwise provided in this Agreement;

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

AutoNDA by SimpleDocs

Restrictions on the Manager’s Authority. A. The Manager may not (i) take any action in contravention of this Agreement, (ii) take any action that would make it impossible to carry on the ordinary business of the Companyincluding, except as otherwise provided in this Agreement;without limitation:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Alexander & Baldwin, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!