Acts of Manger. The Manager is the agent of the Company for the purpose of its business, and the acts of the Manger in carrying on the usual business of the Company shall bind the Company, unless (1) the Manager has in fact no authority to act on behalf of the Company in the particular matter, and (2) the person with whom the Manager is dealing has knowledge of the fact that the Manager has no such authority.
Appears in 11 contracts
Samples: Operating Agreement (Ten Broeck Tampa, LLC), Operating Agreement (Ten Broeck Tampa, LLC), Operating Agreement (Ten Broeck Tampa, LLC)
