Authority as to Third Persons. 7.10.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 6 contracts
Samples: Note, Operating Agreement, LLC Operating Agreement
Authority as to Third Persons. 7.10.1 7.6.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company businessMember. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager Member to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Development REIT I, Inc.)
Authority as to Third Persons. 7.10.1 7.9.1 No third party dealing with the Company shall be required to investigate the authority of the Manager Managers or the officers of the Company or secure the approval or confirmation by any Member of any act of the Manager Managers or officers in connection with the Company Company’s business. No purchaser of any property or interest Property owned by the Company shall be required to determine the right to sell or the authority of the Manager Managers or any officers to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Authority as to Third Persons. 7.10.1 7.9.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or officers of the Company or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company Company’s business. No purchaser of any property or interest Property owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Authority as to Third Persons. 7.10.1 7.8.1 No third party dealing with the Company shall be required to investigate the authority of the Manager Members or the officers of the Company or secure the approval or confirmation by any Member of any act of the Manager officers in connection with the Company Company’s business. No purchaser of any property or interest Property owned by the Company shall be required to determine the right to sell or the authority of the Manager Members to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Reit I, Inc.)
Authority as to Third Persons. 7.10.1 6.9.1 No third third-party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Authority as to Third Persons. 7.10.1 (a) No third party dealing with the Company shall be required to investigate the Manager's authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, Company or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Samples: Operating Agreement
Authority as to Third Persons. 7.10.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, Company or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Authority as to Third Persons. 7.10.1 (a) No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Samples: Operating Agreement
Authority as to Third Persons. 7.10.1 6.10.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, Company or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Terra Secured Income Fund 5, LLC)
Authority as to Third Persons. 7.10.1 7.8.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property Property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Authority as to Third Persons. 7.10.1 7.12.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Authority as to Third Persons. 7.10.1 7.11.1 No third party dealing with the Company shall be required to investigate the authority of the Manager or secure the approval or confirmation by any Member of any act of the Manager in connection with the Company business. No purchaser of any property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Authority as to Third Persons. 7.10.1 7.12.1 No third party dealing with the Company shall be required to investigate the authority of the Manager Board of Managers or secure the approval or confirmation by any Member of any act of the Manager Board of Managers in connection with the Company business. No purchaser of any property Property or interest owned by the Company shall be required to determine the right to sell or the authority of the Manager Board of Managers to sign and deliver any instrument of transfer on behalf of the Company, or to see to the application or distribution of revenues or proceeds paid or credited in connection therewith.
Appears in 1 contract
Samples: Limited Liability Company Agreement
