Common use of Customary Rules Clause in Contracts

Customary Rules. To the extent the powers and duties of the several Officers are not provided from time to time by resolution or other directive of the Members, the Officers shall have all powers and shall discharge the duties customarily and usually held and performed by like officers of corporations or companies similar to the Company.

Appears in 3 contracts

Sources: Operating Agreement (Grede Wisconsin Subsidiaries LLC), Operating Agreement (Jernberg Industries, LLC), Operating Agreement (Jernberg Industries, LLC)

Customary Rules. To the extent the powers and duties of the several Officers are not provided from time to time by resolution or other directive of the MembersManagers, the Officers shall have all powers and shall discharge the duties customarily and usually held and performed by like officers of corporations or companies similar to the Company.

Appears in 2 contracts

Sources: Operating Agreement, Operating Agreement (Jernberg Industries, LLC)

Customary Rules. To the extent the powers and duties of the several Officers are not provided from time to time by resolution or other directive of the MembersManagers, the Officers shall have all powers and shall discharge the duties customarily and usually held and performed by like officers of corporations or companies similar in organization and business purposes to the Company.

Appears in 1 contract

Sources: Joint Venture Agreement (Biolabs Inc)