Board of Managers definition

Board of Managers means the Board of Managers of the Company.

Board of Managers has the meaning set forth in Section 4.1.

Board of Managers means the Board of Managers established pursuant to Section 2.6 hereof.

Examples of Board of Managers in a sentence

• Meetings of the Board of Managers shall take place at the offices of the Company or at such other place within the Parish of Jefferson, State of Louisiana, as the person who calls the meeting shall direct.

• Standing Committees shall not be authorized to act on behalf of the Board of Managers.

• The Board of Managers may remove any Officer with or without cause by a vote of a majority of the Managers then in office at a meeting called at least in part for that purpose, but such removal shall not impair the contract rights of the Officer under any employment agreement with the Company.

• Any member of the Board of Managers absent from a meeting of the Board of Managers or any committee thereof may be represented by any other member of the Board of Managers who may cast the vote of the absent Manager according to the written instructions, general or special, of the absent Manager.

• Special meetings of the Board of Managers shall be held whenever called by the System President or the Chair of the Member’s Board of Trustees, or, in his or her absence or disability, by any Vice-Chair, by the Chair of the Board of Managers, or by no less than three members of the Board of Managers.

More Definitions of Board of Managers

Board of Managers has the meaning set forth in Section 7.1.

Board of Managers shall have the meaning set forth in Section 3.1.

Board of Managers means, with respect to any person that is a limited liability company, the Board of Managers of such person, acting as a group, or any committee of the Board of Managers of such person authorized, with respect to any particular matter, to exercise the power of the Board of Managers.

Board of Managers shall have the meaning assigned to such term in Section 5.1(a).

Board of Managers has the meaning set forth in Section 14.

Board of Managers means, for a common interest community that is an unincorporated association or organized as a limited liability company, the group of people elected by the members of a common interest community as the governing body to exercise for the members of the common interest community association all powers, duties, and authority vested in the board of managers under this Act and the common interest community association's declaration, bylaws, or operating agreement.

Board of Managers and "Members" shall have the same meanings as set forth in the Fund's limited liability company agreement (the "Limited Liability Company Agreement").