Common use of Special Committees Clause in Contracts

Special Committees. Special committees may be appointed by the Chair with the concurrence of the boardBoard of Managers, for such special tasks as circumstances may warrant from time to time. Special committees shall limit their activities to the accomplishment of the tasks for which they are appointed and shall have no power to act except as specifically conferred by action of the board. Upon completion of the tasks for which created, each special committee shall stand discharged.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs

Special Committees. Special committees may be appointed by the Chair with the concurrence of the boardBoard Board of Managers, for such special tasks as circumstances may warrant from time to time. Special committees shall limit their activities to the accomplishment of the tasks for which they are appointed and shall have no power to act except as specifically conferred by action of the boardBoard. Upon completion of the tasks for which created, each special committee shall stand discharged.discharged.β€Œ

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

Special Committees. Special committees may shall be appointed by the Chair with the concurrence Chairman of the boardBoard Board of Managers, for such special tasks as circumstances may warrant Directors from the i members of the Board from time to timetime as circumstances warrant . Special committees shall limit their activities to the accomplishment of the tasks for which they are appointed and shall have no power to act except as unless such power is specifically conferred set forth by action of the board. Upon completion Board of the tasks for which created, each special committee shall stand dischargedDirectors.

Appears in 1 contract

Samples: Site Entitlement Lease Agreement

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