Common use of Management Right Clause in Contracts

Management Right. The right of the Member to participate in the management of the Company, to vote on any matter, and to grant or to withhold consent or approval of actions of the Company.

Appears in 9 contracts

Sources: Limited Liability Company Operating Agreement (Dvi Receivables Corp Viii), Limited Liability Company Operating Agreement (Dvi Receivables Corp Viii), Limited Liability Company Operating Agreement (Dvi Receivables Corp Viii)

Management Right. The right of the a Member to participate in the management of the Company, including the rights to vote on any matter, information and to grant or to withhold consent or approval of approve actions of the Company.

Appears in 4 contracts

Sources: Operating Agreement (Sentex Sensing Technology Inc), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Operating Agreement (Advanta Business Services Corp)

Management Right. The right of the a Member to participate in the management of the Company, to vote on any matter, and to grant or to withhold consent or approval of actions of the Company.

Appears in 3 contracts

Sources: Operating Agreement (Residential Funding Mortgage Securities Ii Inc), Operating Agreement (Residential Funding Mortgage Securities Ii Inc), Operating Agreement (Residential Funding Mortgage Securities Ii Inc)

Management Right. The right of the a Member to participate in the management of the Company, to vote on any matter, and to grant or to withhold consent or approval of actions of the Company.

Appears in 3 contracts

Sources: Assignment of Membership Interest, Operating Agreement, Operating Agreement (Fibernet Telecom Group Inc\)

Management Right. The right of the a Member to participate in the management of the Company, including the right to vote on any matter, information and to grant or to withhold consent or approval of approve actions of the Company.

Appears in 1 contract

Sources: Operating Agreement (Applied Molecular Evolution Inc)

Management Right. The right of the a Member to participate in the management of the Company, including the rights to vote on any matter, information and to grant or to withhold consent or approval of approve actions of the Company. The rights and authority of a Manager that is also a Member that exceed those of a Member who is not a Manager are not considered Management Rights for purposes of the Operating Agreement.

Appears in 1 contract

Sources: Operating Agreement (Environmental Safeguards Inc/Tx)

Management Right. The right of the a Member to participate in the management of the Company, including the right to vote on any matter, and to grant or to withhold consent or approval of approve actions of the Company.

Appears in 1 contract

Sources: Operating Agreement (Pegasus Communications Corp)

Management Right. The right of the a Member to participate in the management of the Company, including the rights to vote on any matter, information and to grant or to withhold consent or approval of approve actions of the Company. The rights and authority of a Member-Manager that exceed those of a Member who is not a Member-Manager are not considered Management Rights for purposes of this Company Agreement.

Appears in 1 contract

Sources: Operating Agreement (Fibermark Office Products LLC)