Common use of The President Clause in Contracts

The President. The President of the Company shall be the Company’s chief executive officer and, subject to the control of the Board, shall have the responsibility for the general direction of the affairs of the Company, and general supervision over its several other officers. The President may sign and execute in the name of the Company (i) all contracts or other instruments authorized by the Board, and (ii) all contracts or instruments in the usual and regular course of business, except in cases when the signing and execution thereof shall be expressly delegated or permitted by the Board or by this Agreement to some other officer or agent of the Company, and, in general, shall perform all duties incident to the office of chief executive officer and such other duties as from time to time may be assigned to him by the Board or as are prescribed by this Agreement.

Appears in 7 contracts

Samples: Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC)

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The President. The President president shall have general supervision over the business and operations of the Company shall be the Company’s chief executive officer and, subject subject, however, to the control of the BoardMembers or the Managers and, shall have if the responsibility for chairman is the general direction of the affairs chief executive officer of the Company, and general supervision over its several other officersthe chairman. The President may sign president shall sign, execute, and execute acknowledge, in the name of the Company (i) all Company, deeds, mortgages, bonds, contracts or other instruments instruments, authorized by the Board, and (ii) all contracts or instruments in the usual and regular course of businessManagers, except in cases when where the signing and execution thereof shall be expressly delegated or permitted by the Board Managers, or by this Agreement Operating Agreement, to some other officer or agent of the Company, ; and, in general, shall perform all duties incident to the office of chief executive officer president and such other duties as from time to time may be assigned to him by the Board or as are prescribed by this AgreementManagers and, if the chairman is the chief executive officer of the Company, the chairman.

Appears in 5 contracts

Samples: Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC)

The President. The President of the Company president shall be subordinate to the Company’s chief executive officer of the Company, if one has been appointed, and, subject to the control of the Boardchief executive officer’s direction, shall have the responsibility for the general direction charge of the affairs business, affairs, and property of the Company, Company and general supervision over its several other officers, employees, and agents. The President may sign and execute in the name of the Company (i) all contracts or other instruments authorized by the Board, and (ii) all contracts or instruments in the usual and regular course of business, except in cases when the signing and execution thereof president shall be expressly delegated or permitted by the Board or by this Agreement empowered to some other officer or agent sign certificates representing Membership Units of the Company, and, in general, the issuance of which shall have been authorized by the chief executive officer. The president shall not have power to bind or obligate the company without written authorization from the chief executive officer or majority consent from the board of directors. The president shall perform all duties normally incident to the office of chief executive officer president of a limited liability company, and shall exercise such other powers and perform such other duties as from time to time may be assigned to him or her by the Board or as are prescribed by this Agreementchief executive officer.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Castle Arch Real Estate Investment Company, LLC), Amended Operating Agreement (Castle Arch Real Estate Investment Company, LLC)

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The President. The President of the Company shall be the Company’s 's chief executive officer and, subject to the control of the Board, shall have the responsibility for the general direction of the affairs of the Company, and general supervision over its several other officers. The President may sign and execute in the name of the Company (i) all contracts or other instruments authorized by the Board, and (ii) all contracts or instruments in the usual and regular course of business, except in cases when the signing and execution thereof shall be expressly delegated or permitted by the Board or by this Agreement to some other officer or agent of the Company, and, in general, shall perform all duties incident to the office of chief executive officer and such other duties as from time to time may be assigned to him by the Board or as are prescribed by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Rent a Center Inc De)

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