Common use of Power and Authority of the Manager Clause in Contracts

Power and Authority of the Manager. 16 5.4.Limitations on Authority of the Manager.17 5.5.Limitation on Authority of Members.18 5.6.Duties, Obligations and Liability of Manager.19 5.7.Resignation or Removal of Manager.20 5.8.Filling Vacancy in Manager Position.21 5.9.Officers.21 5.10.Compensation and Reimbursement.21 5.11.Transactions with Affiliates.21 5.12.Approval or Ratification by Members.22 5.▇▇.▇▇▇▇▇▇▇▇ Plan.22 5.14.Right to Rely on Manager.22 5.15.Indemnification.23

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Rhove Real Estate 1, LLC), Membership Interest Purchase Agreement (Rhove Real Estate 1, LLC)