Board of Managers definition

Board of Managers means the Board of Managers of the Company.
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Board of Managers has the meaning set forth in Section 4.1.
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Board of Managers has the meaning set forth in Section 7.1.
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Examples of Board of Managers in a sentence

  • In exercising its discretion under this Section 6.02(c), the Board of Managers shall take into account future Regulatory Allocations that, although not yet made, are likely to offset other Regulatory Allocations previously made.

  • Subject to the direction of the board or committee of Board of Managers of the Company (the "Board") or its designee, the Employee shall serve as the Chief Financial Officer (CFO) of the Company and its affiliated subsidiaries listed on Exhibit A attached hereto (collectively, the "Company Entities").

  • The Company shall dissolve upon the first to occur of the following: (a) subject to a unanimous vote of the Board of Managers, the approval of the Members then having a majority of the Percentage Interests to dissolve the Company; (b) at any time there are no Members unless the Company is continued without dissolution in accordance with the Delaware Act; and (c) the entry of a decree of dissolution under Section 18-802 of the Delaware Act.

  • If any Membership Interests are Transferred, the tax items attributable to those Membership Interests for the Taxable Year in which the Transfer occurs shall be allocated between the transferor and transferee based upon the “interim closing method” (within the meaning of Section 1.706-4 of the Treasury Regulations) or such other method determined by the Board of Managers.

  • Unless otherwise determined by the Board of Managers, the financial books and records of the Company shall be maintained based on the accrual method of accounting.


More Definitions of Board of Managers

Board of Managers means the Board of Managers established pursuant to Section 2.6 hereof.
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Board of Managers shall have the meaning set forth in Section 3.1.
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Board of Managers shall have the meaning assigned to such term in Section 5.1(a).
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Board of Managers shall have the meaning set forth in Section 6.1(a).
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Board of Managers has the meaning set forth in Section 14.
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Board of Managers means the Board of Managers of the Company established pursuant to Article VI.
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Board of Managers means, for a common interest community that is an unincorporated association or organized as a limited liability company, the group of people elected by the members of a common interest community as the governing body to exercise for the members of the common interest community association all powers, duties, and authority vested in the board of managers under this Act and the common interest community association's declaration, bylaws, or operating agreement.
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