Sole Manager Sample Clauses
The Sole Manager clause designates a single individual or entity as the exclusive manager responsible for overseeing and making decisions on behalf of a company or organization. In practice, this means that only the named manager has the authority to act on the company's behalf, sign contracts, and direct operations, without requiring approval from other members or managers. This clause streamlines decision-making and clarifies who holds managerial power, thereby reducing the risk of disputes or confusion over authority within the organization.
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Sole Manager. Whenever in this Agreement a reference is made to the Managers, such reference shall include a sole Manager, who shall have all the authority of the Managers set forth herein.
Sole Manager. The Manager shall have the sole right to manage the business of the Company and shall have all powers and rights necessary, appropriate or advisable to effectuate and carry out the purposes and business of the Company. Any action required or permitted to be taken by the Manager hereunder may be taken without a meeting and without prior notice to any Person; the Manager may determine in its sole discretion to document any decisions respecting any such action and the authorization thereof by a written consent executed by the Manager. No Member other than the Manager, unless such Member is also the Manager, shall have any authority to act for or bind the Company, but each Member that is not the Manager shall have only the right to vote on or approve the actions herein specified to be voted on or approved by the Members.
Sole Manager. The Company is and shall be the sole and exclusive Manager of the business of GNW. No other person, including the Investors, shall have any authority to conduct such business. The Manager shall, in its discretion, purchase Bonds on such terms as it deems appropriate, except that purchases which cause the weighted average cost of the Bonds to exceed 65% of their face amount shall be subject to the approval of the Investors, such approval not to be unreasonably withheld or delayed. As Manager, the Company shall have the sole and exclusive right to vote the Bonds and to vote any and all securities issued to GNW on account of the Bonds in its sole discretion. The Manager's exclusive right to vote the Bonds and/or other securities, is absolute and irrevocable for so long as the Bonds and/or other securities are owned by GNW (the Bonds and Securities shall cease to be owned by GNW if transferred to the Investors in accordance with Section 2.3 hereof. The Company shall be deemed a third party beneficiary of the Operating Agreement.
Sole Manager. The Company shall be managed by one manager (the “Sole Manager”). The initial Sole Manager shall be Laramie. The Sole Manager shall serve at the pleasure of the Board, as set forth in Section 5.6(n).
Sole Manager. The Members shall not manage and control the business and affairs of the LLC, except for situations in which the approval of the Members is required by this Agreement or by non-waivable provisions of applicable law. The Manager shall exclusively manage and control the LLC’s business, affairs and day-to-day operations and, in such capacity, shall be the “manager” of the LLC within the meaning of the Delaware Act.
Sole Manager. GreenSky shall be the sole Manager of the Company.
Sole Manager. The PC hereby appoints LLC as its exclusive manager and administrator of its day-to-day business functions. The PC agrees that the purpose and intent of this Agreement is to relieve the PC's professional employees practicing at the Practice Premises to the maximum extent possible of the administrative, accounting, personnel and business aspects of the Practice, with the LLC assuming responsibility and being given all necessary authority to perform those functions. Neither LLC nor any of its employees, as they perform the obligations of LLC hereunder, will have any authority, directly or indirectly, to perform, and will not perform, any medical function. LLC may, however, advise PC as to the relationship between its performance of medical functions and the overall administrative and business functioning of the PET practice.
Sole Manager. 11 SECTION 3.02. Authority of the Sole Manager.................................12 SECTION 3.03.
Sole Manager. Caliburn shall be the sole Manager of the Company.