The Investment Adviser. Notwithstanding anything herein to the contrary, the Board shall have the power and authority to delegate to the Investment Adviser the right to manage the assets of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Pearl Diver Credit Company, LLC), Limited Liability Company Agreement (Panagram Capital, LLC), Limited Liability Company Agreement (Panagram Capital, LLC)
The Investment Adviser. Notwithstanding anything herein to the contrary, the The Board shall have the power and authority to delegate to the Investment Adviser an investment adviser the right to manage the assets of the Company.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (NexPoint Capital, LLC)
The Investment Adviser. Notwithstanding anything herein to the contrary, the The Board shall have the power and authority to delegate to the Investment Adviser an investment adviser the right to manage the assets of the Company. The Board has delegated such right to the Investment Adviser, provided, that, prior to the effectiveness of such delegation, the Company shall be responsible for the management of its assets.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (EP Income Co LLC)
The Investment Adviser. Notwithstanding anything herein to the contrary, the The Board shall have the power and authority to delegate to the Investment Adviser an investment adviser the right to manage the assets of the Company. The Board has delegated such right to the Investment Adviser.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Eagle Point Credit Co LLC)