Authority of the Board of Managers. Except as otherwise required by the Act or this Agreement, the business and affairs of the Company shall be managed by or under the authority of the Board of Managers. The Board of Managers shall take action only at a meeting of the Board of Managers or by written action as provided in this Article 6.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Texas Rare Earth Resources Corp.), Limited Liability Company Agreement (Biolife Solutions Inc), Limited Liability Company Agreement (Lorus Therapeutics Inc)