Limitation on Authority of Managers. Nothing contained in this Article VIII shall be construed as giving the Managers any authority over the management of the Company which management authority shall be always vested in the Member.
Appears in 31 contracts
Sources: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)
Limitation on Authority of Managers. Nothing contained in this Article VIII shall be construed as giving the Managers any authority over the management of the Company which management authority shall be always vested in the MemberMember unless such authority has been specifically delegated to such Manager pursuant to this Article VIII.
Appears in 17 contracts
Sources: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)
Limitation on Authority of Managers. Nothing contained in this Article VIII VII shall be construed as giving the Managers any authority over the management of the Company which management authority shall be always vested in the Member.
Appears in 1 contract
Sources: Limited Liability Company Agreement (CBL & Associates Limited Partnership)
Limitation on Authority of Managers. Nothing contained in this Article VIII shall be construed as giving the Managers any authority over the management of the Company which management authority shall be always vested in the Member.Member unless such authority has been specifically delegated to such Manager pursuant to this Article VIII
Appears in 1 contract
Sources: Limited Liability Company Agreement (CBL & Associates Limited Partnership)