Operating Managers definition
Examples of Operating Managers in a sentence
If to the Operating Managers, to them at the address of the Company.
If to the Company, to it in care of the Operating Managers at the address of the Company.
All determinations by the Operating Managers with respect to the treatment of any item or its allocation for Federal, state or local tax purposes shall be binding upon all the Members unless the determination is inconsistent with any express provision of this Agreement.
Any Member shall have the right from time to time at his expense to have his accountants and representatives examine and/or audit the books and records of the Company and the information referred to in this Section, and the Operating Managers will make such books and records and information available for such examinations and/or audits.
Complete and accurate books of account, in which shall be entered, fully and accurately, each and every transaction of the Company, shall be kept by the Operating Managers at the principal office of the Company.
The Operating Managers or the person presiding at the meeting shall appoint any person present to act as secretary of the meeting.
Notice shall be given either personally or by mailing said notice by first class mail to each Member at his address appearing on the record book of the Company or at such other address supplied by him in writing to the Operating Managers of the Company for the purpose of receiving notice.
Except as otherwise provided in this Agreement, all decisions of the Operating Managers shall be by a majority in interest of the Members.
The Operating Managers will give notice to the Members promptly after any change in the location of the principal office of the Company.
Unless the proxy by its terms provides for a specific revocation date and except as otherwise provided by statute, revocation of a proxy shall not be effective unless and until such revocation is executed in writing by the Member who executed such proxy and the revocation is filed with the Operating Managers of the Company prior to the voting of the proxy.