Common use of Management by the Member Clause in Contracts

Management by the Member. The management of the property, business and affairs of the Company shall be vested in the Member, who shall have full and complete authority, power, and discretion to (i) manage and control the affairs and other acts or activities of the Company's business, (ii) perform any and all other acts customary or incident to such management, and (iii) take such other actions as are authorized by this Operating Agreement and the Act.

Appears in 1 contract

Sources: Operating Agreement (Town Sports International Inc)

Management by the Member. The management of the propertybusiness, business property and affairs of the Company shall be vested in managed and all powers of the Company shall be exercised exclusively by or under the direction of the Member, who which shall have full and complete authority, power, and discretion to (i) manage and control act as the affairs and other acts or activities Manager of the Company's . Without limiting the generality of the foregoing, the Member shall have all powers necessary or appropriate to manage and carry out the purpose, business, (ii) perform property and affairs of the Company. Unless otherwise provided in the Certificate, the Member shall have the authority to take any action on behalf of the Company, by a consent in writing, stating the action so taken and all other acts customary or incident to such management, and (iii) take such other actions as are signed by an authorized by this Operating Agreement and officer of the ActMember.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Jill Kelly Productions Holding, Inc.)

Management by the Member. The Company shall be managed by the Member. All decisions with respect to the management of the property, business and affairs of the Company shall be vested in made by the Member, who . The Member shall have full and complete authority, power, authority and discretion to (i) manage and control the affairs and other acts or activities business of the Company's business, (ii) including incurring debt, investing Company funds, entering into contracts and acquiring and transferring real and personal property, and to make all decisions regarding those matters and to perform any and all other acts customary or incident to such managementthe management of the Company’s business. The Member may delegate functions to any employee, and (iii) take such other actions as are authorized by this Operating Agreement and agent or officer of the ActCompany.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Aevi Genomic Medicine, Inc.)