Additional Provisions with respect to the Administrator. (a) For all purposes of this Agreement, the Administrator shall be an independent contractor. Unless expressly authorized by the Managing Member or otherwise expressly authorized hereunder or under any other Operative Document, the Administrator shall have no authority to act for or represent the LLC, the Managing Member or the relevant Manager in any way and shall not otherwise be deemed an agent of the LLC, the Managing Member or the relevant Manager or be deemed to assume the obligations of the LLC, the Managing Member or the relevant Manager under any Operative Document.
Appears in 3 contracts
Samples: Amendment Agreement, Administration Agreement, Amendment Agreement
Additional Provisions with respect to the Administrator. (a) For all purposes of this Agreement, the Administrator shall be an independent contractor. Unless expressly authorized by the Managing Member or otherwise expressly authorized hereunder or under any other Operative Document, the Administrator shall have no authority to act for or represent the LLC, the Managing Member or the relevant Manager in any way and shall not otherwise be deemed an agent of the LLC, the Managing Member or the relevant Manager or be deemed to assume the obligations of the LLC, the Managing Member or the relevant Manager under any Operative Document.
Appears in 3 contracts
Samples: Administration Agreement, Administration Agreement, Administration Agreement
Additional Provisions with respect to the Administrator. (a) For all purposes of this Agreement, the Administrator shall be an independent contractor. Unless expressly authorized by the Managing Member or otherwise expressly authorized hereunder or under any other Operative Document, the Administrator shall have no authority to act for or represent the LLC, the Managing Member Member, the LLC Administrator or the relevant Manager in any way and shall not otherwise be deemed an agent of the LLC, the Managing Member Member, the LLC Administrator or the relevant Manager or be deemed to assume the obligations of the LLC, the Managing Member Member, the LLC Administrator or the relevant Manager under any Operative Document.
Appears in 3 contracts
Samples: Administration Agreement, Administration Agreement, Administration Agreement
Additional Provisions with respect to the Administrator. (a) For all purposes of this Agreement, the Administrator shall be an independent contractor. Unless expressly authorized by the Managing Member or otherwise expressly authorized hereunder or under any other Operative Document, the Administrator shall have no authority to act for or represent the LLC, the Managing Member or the relevant Manager Credit Administrator in any way and shall not otherwise be deemed an agent of the LLC, the Managing Member or the relevant Manager Credit Administrator or be deemed to assume the obligations of the LLC, the Managing Member or the relevant Manager Credit Administrator under any Operative Document.
Appears in 1 contract
Samples: Administration Agreement