Specific Actions Authorized Sample Clauses

Specific Actions Authorized. Without limiting the generality of the preceding Subsection, the Manager shall have the authority on behalf of the LLC, if, as and when it deems necessary or appropriate, subject only to the express terms, conditions and limitations of such authority contained in this Agreement (including, without limitation, Section 5.3 below), to take any of the actions listed below in furtherance of or relating to the LLC's business and purposes: (i) Expend Funds; Invest. Expend the LLC's funds; and invest in debt obligations (including, but not limited to, obligations of federal and state governments and their agencies, commercial paper, and certificates of deposit of federally-insured commercial banks, savings banks, or savings and loan associations) such of the LLC's funds as are temporarily not required for the operation of the business and affairs of the LLC. (ii) Retain Service Providers. Employ, contract with or retain from time to time, on such terms and for such compensation as they may deem appropriate, such Persons as it may deem advisable, including, without limitation, attorneys, accountants, financial and technical consultants, investment bankers, loan brokers, insurance brokers, or others. (iii) Acquire, Finance, Operate, Sell Assets. Enter into and execute agreements for the purchase of securities or the acquisition of real and personal property (whether tangible or intangible) appropriate to the LLC's business, and make and implement all decisions relating to the financing, operation, sale or disposition of the LLC's business and assets.