Acts of Manager as Conclusive Evidence of Authority. Any note, mortgage, evidence of indebtedness, contract, certificate, statement, conveyance, or other instrument in writing, and any assignment or endorsement thereof, executed or entered into between the Company and any other Person, when signed by a Manager and any officer designated with signatory authority by the Management Committee is not invalidated as to the Company by any lack of authority of the signing party in the absence of actual knowledge on the part of the other Person that the signing party had no authority to execute the same.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (RiceBran Technologies), Limited Liability Company Agreement (RiceBran Technologies), Membership Interest Purchase Agreement (Nutracea)
Acts of Manager as Conclusive Evidence of Authority. Any note, mortgage, evidence of indebtedness, contract, certificate, statement, conveyance, or other instrument in writing, and any assignment or endorsement thereof, executed or entered into between the Company and any other Personperson, when signed by a Manager and any officer designated with signatory authority by the Management Committee Manager, is not invalidated as to the Company by any lack of authority of the signing party Manager in the absence of actual knowledge on the part of the other Person person that the signing party Manager had no authority to execute the same.
Appears in 3 contracts
Samples: California Limited Liability Company, Operating Agreement, California Limited Liability Company
Acts of Manager as Conclusive Evidence of Authority. Any note, mortgage, evidence of indebtednessdebt, contract, certificate, statement, conveyance, conveyance or other instrument in writingwritten instrument, and any assignment or endorsement thereof, executed or entered into between the Company LLC and any other Person, when signed by a Manager and any officer designated with signatory authority by the Management Committee Manager, is not invalidated as to the Company LLC by any lack of authority of the signing party Manager(s) in the absence of actual knowledge on the part of the other Person that the signing party Manager(s) had no authority to execute the same.
Appears in 2 contracts
Samples: Operating Agreement (Molecular Imaging Corp), Operating Agreement (Molecular Imaging Corp)
Acts of Manager as Conclusive Evidence of Authority. Any lease, note, mortgage, evidence of indebtedness, contract, certificate, statement, conveyance, or other instrument in writing, and any amendment, assignment or endorsement thereof, executed or entered into between the Company and any other Person, when signed by a Manager and any officer designated with signatory authority by the Management Committee Manager, is not invalidated as to the Company by any lack of authority of the signing party Manager in the absence of actual knowledge on the part of the other Person that the signing party had no authority to execute the same.actual
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