Authority of Member Sample Clauses

Authority of Member. Subject to Section 3.04, the Member, acting in such capacity, shall have 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, debts, liabilities or obligations on behalf of the Company.
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Authority of Member. The Members are the agent of the Company and have authority to bind the Company on all matters. The authority of the Members include, without limitation, the authority to: (a) sell, lease, exchange, mortgage, pledge, or otherwise transfer or dispose of all or substantially all of the property or assets of the Company; (b) merge the Company with any other entity; (c) amend the articles of organization of the Company or this agreement; (e) change the nature of the business of the Company; or (f) commence a voluntary bankruptcy case for the Company.
Authority of Member. The Member shall have authority to bind or take any action on behalf of or in the name of the Company, or enter into any commitment or obligation binding upon the Company. Notwithstanding anything to the contrary in this Agreement, without first obtaining the consent of the Member, the Company shall not and the Board shall not authorize the Company to:
Authority of Member. Member has the full company power and authority to carry on its business as now being conducted, and the authority to execute, deliver and perform this Agreement and to carry out its obligations hereunder and otherwise to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Member and no other company proceedings on the part of Member are necessary to authorize this Agreement or to consummate and perform the transactions contemplated hereby. This Agreement is a legal, valid and binding obligation of Member, enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy, reorganization, insolvency or similar laws and subject to general principles of equity.
Authority of Member. Subject to Section 3.4, the Member, acting in such capacity, shall have 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, debts, liabilities or obligations on behalf of the Company. The Company, and the Member, or any Manager on behalf of the Company, may enter into and perform the Basic Documents and all documents, agreements, certificates, or financing statements contemplated thereby or related thereto, all without any further act, vote or approval of any Member or Manager or other Person notwithstanding any other provision of this Agreement, the Act or applicable law, rule or regulation. The foregoing authorization shall not be deemed a restriction on the powers of the Member or any Manager to enter into other agreements on behalf of the Company.
Authority of Member. 8 SECTION 2.7
Authority of Member in-charge In case the Consultant consists of a consortium of more than one entity, the Parties agree that the Lead Member shall act on behalf of the Members in exercising all the Consultant’s rights and obligations towards the Authority under this Agreement, including without limitation the receiving of instructions and payments from the Authority.
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Authority of Member in Charge In case the consultant is, or consists of, a joint venture/consortium/ association of more than one entity, the Members authorise the entity specified in the SCC to act for and on behalf of the Members in exercising all the consultant’s rights and obligations towards the procuring entity under this Contract, including without limitation the receiving of instructions and payments from the procuring entity. 1.9 Authorised Representatives Any action required or permitted to be taken, and any document required or permitted to be executed under this Contract by the procuring entity or the consultant may be taken or executed by the officials specified in the SCC. 1.10 Taxes and Duties The consultant, Sub-consultants and their Personnel shall pay all applicable taxes, duties, fees and other impositions levied under the Applicable Law as specified in the SCC, the amount of which is deemed to have been included in the Contract Price. 1.11 Fraud and Corruption If the procuring entity determines that the consultant and/or its Personnel, sub-contractors, sub-consultants, services providers and suppliers has engaged in corrupt, fraudulent, collusive, coercive, or obstructive practices, in competing for or in executing the Contract, the procuring entity may, after giving 14 days’ notice to the consultant, terminate the consultant's employment under the Contract, and Clause 2 applies as if such expulsion had been made under Sub-Clause 2.9.1(d). Should any Personnel of the consultant be determined to have engaged in corrupt, fraudulent, collusive, coercive, or obstructive practice during the execution of the Contract, that Personnel shall be removed in accordance with Sub-Clause 4.5 1.11.1 Definitions For the purposes of this Sub-Clause, the terms set out below are defined as follows: (i) “corrupt practice”1 is the offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another party; (ii) “fraudulent practice”2 is any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; (iii) “collusive practice”3 is an arrangement between two or more parties designed to achieve an improper purpose, including to influence improperly the actions of another party; (iv) “coercive practice”4 is impairing or harming, or threatening to impair or harm, directly or indirectly, any party...
Authority of Member. Member hereby represents and warrants that it has full corporate power and authority and has received all necessary corporate and governmental authorizations and approvals, to enter into and perform its obligations under this Agreement.
Authority of Member. Such Member has the right, power and authority to enter into this Agreement and the Ancillary Agreements to which such Member is a party and to consummate the transactions contemplated hereby and thereby. This Agreement has been, and each Ancillary Agreement to which such Member is a party hereto will be, duly and validly executed and delivered by such Member, and this Agreement and such Ancillary Agreements are and shall constitute the legal, valid and binding obligations of such Member enforceable against such Member in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by general principles of equity.
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