📄 Extracted Text (353 words)
to make his pn rata share (based on General Points) of such contributions and may be required
to make such contributions, in the Managing Member's discretion, once significant amounts (as
determined in the Managing Member's reasonable discretion) have been distributed to the Non-
Managing Members pursuant to Section 11 hereof. In connection therewith, the Managing
Member may, in his sole discretion, if requested by a Non-Managing Member, arrange for the
contributions required to be made by such Non-Managing Member to be funded by a lender that
is an affiliate of the Managing Member pursuant to terms to be negotiated at that time.
6. Management of the Company.
a. Authority of the Managing Member. The business and affairs of
the Company shall be managed by the Managing Member, who shall have the exclusive power
and authority, on behalf of the Company, to take any action of any kind not inconsistent with the
provisions of this Agreement and to do anything and everything he deems reasonably necessary
or appropriate to carry on the business and purposes of the Company, including, but not limited
to, exercising all voting rights of the Company in connection with its Special Membership
Interests in the Fund Managers, causing the Company to sell the Special Membership Interests in
the Fund Managers or admitting any senior executive of the Finn or other service provider as a
member or partner in the Company or any Fund Manager pursuant to which such person is
entitled to a portion of the incentive allocations allocable or payable to such Fund Manager or the
Company (subject to the limitation set forth in Section 6e herein). The Managing Member is, to
the extent of his rights and powers set forth in this Agreement, an agent of the Company for the
purpose of the Company's business, and the actions of the Managing Member taken in
accordance with such rights and powers shall bind the Company. Notwithstanding anything to
the contrary in this Agreement, all determinations, allocations and decisions to be made under
DOC ID 25061468.12 24
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0047067
CONFIDENTIAL SDNY_GM_00193251
EFTA01359061
ℹ️ Document Details
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EFTA01359061
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DataSet-10
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document
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1
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