Common use of Limitations on Authority of the Manager Clause in Contracts

Limitations on Authority of the Manager. Without first obtaining the approval of the Class A Members, the Manager will not have the authority to: 4.2.1 Enter into any sale or other disposition of the Company (but not the Property); 4.2.2 Convert the Company to another type of entity; 4.2.3 Merge the Company with another entity; 4.2.4 Do any act in contravention of this Agreement; 4.2.5 Amend this Agreement or the Company's Certificate of Formation, except as specifically provided for in this Agreement; or 4.2.6 After it is entered into, amend the lease referred to in Section 4.1.6, if such amendment would materially and adversely change the economic terms of the lease to the Company.

Limitations on Authority of the Manager. Without first obtaining the approval of the Class A Members, the Manager will not have the authority to: 4.2.1 : Enter into any sale or other disposition of the Company (but not the Property); 4.2.2 ; Convert the Company to another type of entity; 4.2.3 ; Merge the Company with another entity; 4.2.4 ; Do any act in contravention of this Agreement; 4.2.5 ; Amend this Agreement or the Company's Certificate of Formation, except as specifically provided for in this Agreement; or 4.2.6 or After it is entered into, amend the lease referred to in Section 4.1.64.1.7, if such amendment would materially and adversely change the economic terms of the lease to the Company.