Authority; Liability to Third Parties. No Member has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment decree or order of a court.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (TMM Lines LTD LLC), Limited Liability Company Agreement (Cp Ships LTD)
Authority; Liability to Third Parties. No Member has the any authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment decree or order of a court.
Appears in 2 contracts
Samples: Operating Agreement (Anworth Mortgage Asset Corp), Operating Agreement (Lodgenet Entertainment Corp)
Authority; Liability to Third Parties. No Member has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment judgment, decree or order of a court.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Corn Products International Inc), Limited Liability Company Agreement (Minnesota Corn Processors LLC)
Authority; Liability to Third Parties. No Member has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company, subject to the terms of any Approved Agreements (as defined in Section 9.5(c) below). No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment decree or order of a court.
Appears in 1 contract
Samples: Limited Liability Company Agreement (SS&C Technologies Holdings Inc)
Authority; Liability to Third Parties. No Except as provided within this Operating Agreement, no Member has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment judgment, decree or order of a court.
Appears in 1 contract
Authority; Liability to Third Parties. No Except as otherwise provided herein, no Member has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment judgment, decree or order of a court.
Appears in 1 contract
Samples: Contribution Agreement (Coty Inc.)
Authority; Liability to Third Parties. No The Managing Member has shall be the sole Member with the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. No Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment judgment, decree or order of a court.
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