Common use of AUTHORITY OF OFFICERS; CERTAIN ACTS REQUIRING OR MAJORITY BOARD VOTE Clause in Contracts

AUTHORITY OF OFFICERS; CERTAIN ACTS REQUIRING OR MAJORITY BOARD VOTE. Subject to the provisions of this Agreement and to the directives and policies of the Board not in conflict with this Agreement, the President and the other Officers of the Company shall have the power, acting individually or jointly, to represent and bind the Company in all matters, in accordance with the scope of their respective duties subject to the following restrictions:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Uag Connecticut I LLC), Limited Liability Company Agreement (United Auto Group Inc)

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