Unless otherwise provided in a limited liability company agreement, a consent transmitted by electronic transmission by a manager or by a person or persons authorized to act for a manager shall be deemed to be written and signed for purposes of this subsection.
Unless otherwise provided in a limited liability company agreement, on any matter that is to be voted on by managers, the managers may vote in person or by proxy, and such proxy may be granted in writing, by means of electronic transmission or as otherwise permitted by applicable law.
A limited liability company may have more than 1 manager.
Unless otherwise provided in a limited liability company agreement, each member and manager has the authority to bind the limited liability company.
Learn More Cole Office & Industrial REIT (CCIT III), Inc.
("CCIT III") is a non-listed REIT that invests primarily in single-tenant, mission-critical office and industrial properties that are essential to the day-to-day operations of a company.
The estimated cost shall include, without limitation, any reimbursable cost (as estimated by the Contracting Officer) incident to a termination for the convenience of the Government.
Any payments withheld under this paragraph shall be applied to reduce the unliquidated advance payments.
The firm's performance relative to competitors can be measured by the proportion of the market that the firm is able to capture.
This proportion is referred to as the firm's market share and is calculated as follows: Market Share = Firm's Sales / Total Market Sales Sales may be determined on a value basis (sales price multiplied by volume) or on a unit basis (number of units shipped or number of customers served).
Unless otherwise provided in a limited liability company agreement, if a person (whether or not then a manager) consenting as a manager to any matter provides that such consent will be effective at a future time (including a time determined upon the happening of an event), then such person shall be deemed to have consented as a manager at such future time so long as such person is then a manager.