Authority of the Member. Except as otherwise provided in this Agreement, the Member shall not participate in the management or control of the Company’s business, transact any business for the Company, or have the power to act for or bind the Company, said powers being vested solely and exclusively in the Managers and the Officers of the Company.
Authority of the Member. The Member is an agent of the Company for the purpose of its business or affairs, and the act of the Member, including, but not limited to, the execution in the name of the Company, of any instrument, for the apparent purpose of carrying on in the usual way the business or affairs of the Company, binds the Company, unless the Member has, in fact, no authority to act for the Company in the particular matter and the person with whom the Member is dealing has actual knowledge of the fact that the member has no such authority.
Authority of the Member. The Member has all power and authority to manage, and direct the management of, the business, and affairs of the Company, both ordinary and extraordinary.
Authority of the Member. The Member hereby continues as the sole member of the Company upon its execution of a counterpart signature page to this Agreement. Except as provided in Section 3.2, the Member shall not, other than in its capacity as a Manager, participate in the management or control of the Company’s business, transact any business for the Company or have the power to act for or bind the Company.
Authority of the Member. The Member shall have all powers necessary to manage and control the day- to-day activities and operations of the Company.
Authority of the Member. The business and affairs of the Company shall be managed by the Member.
Authority of the Member. The Member shall have all powers necessary to manage and control the day-to-day activities and operations of the Company, including the power to cause the Company to take any of the actions described in Section 2.6 to the extent necessary, convenient, or incidental to the accomplishment of the purposes of the Company. The powers of the Member, which the Member may delegate as it deems appropriate, shall include the power on behalf of the Company to:
(a) acquire, by purchase, lease or otherwise, and hold any licenses, permits or other authorizations issued by the Federal Communications Commission, Federal Aviation Administration or other federal, state or local governmental agency or authority for the acquisition, construction, operation or disposition of television broadcast stations;
(b) sell or exchange all or any part of the property and assets of the Company for property, cash, or on terms, or any combination thereof;
(c) employ, fix the compensation of, oversee, and discharge agents and employees of the Company as it shall deem advisable in the operation and management of the business of the Company, including such accountants, attorneys, architects, consultants, engineers, and appraisers, on such terms and for such compensation, as the Member shall determine;
(d) enter into management agreements with PCC pursuant to which the management, supervision, or control of the business or assets of the Company may be delegated to PCC for reasonable compensation;
(e) compromise any claim or liability due to the Company;
(f) execute, acknowledge, verify, and file any notifications, applications, statements, and other filings that the Member considers necessary or desirable to be filed with any federal, state or local governmental agency or authority or any state or federal securities administrator or commission;
(g) execute, acknowledge, verify, and file any and all certificates, documents, and instruments that the Member considers necessary or desirable to permit the Company to conduct business in any state in which the Member deems advisable;
(h) do any or all of the foregoing, discretionary or otherwise, through agents selected by the Member and compensated or uncompensated by the Company; and
(i) take any other actions and execute any other contracts, documents, and instruments that it deems appropriate to carry out the intent of this Agreement and the purposes of the Company.
Authority of the Member. The Member, and any officers designated by the Member, will have the authority on behalf and in the name of the Company to perform all acts necessary and desirable to the purposes of the Company (including but not limited to opening bank or other accounts and effecting the purchase and sale of capital stock) subject only to any restrictions expressly set forth in this Agreement and the Certificate of Formation.
Authority of the Member. The Member shall have all powers necessary to manage and control the day-to-day activities and operations of the Company, including the power to cause the Company to take any of the actions described in Section 2.6 to the extent necessary, convenient, or incidental to the accomplishment of the purposes of the Company. The powers of the Member, which the Member may delegate as it deems appropriate, shall include the power on behalf of Company to:
(a) acquire by purchase, lease, or otherwise any real or personal property;
(b) operate, maintain, finance, improve, construct, own, grant options with respect to, sell, convey, assign, mortgage, and lease real and personal property;
(c) sell or exchange all or any part of the property and assets of the Company for property, cash, or on terms, or any combination thereof;
(d) execute and modify leases and other agreements, and execute and modify options, licenses, or agreements with respect to any of the assets or the business of the Company;
(e) obtain loans, secured and unsecured, for the Company and secure the same by mortgaging, assigning for security purposes, pledging, or otherwise hypothecating all or any part of the property and assets of the Company (and in connection therewith to place record title to any such property or assets in the name or names of a nominee or nominees);
(f) prepay in whole or in part, refinance, recast, increase, decrease, modify, amend, restate, or extend any such mortgage, security assignment, pledge, or other security instrument, and in connection therewith to execute and deliver, for and on behalf of the Company, any extensions, renewals, or modifications thereof, any new mortgage, security assignment, pledge, or other security instrument in lieu thereof;
(g) draw, make, accept, endorse, sign, and deliver any notes, drafts, or ocher negotiable instruments or commercial paper;
(h) establish, maintain, and draw upon checking, savings, and other accounts in the name of the Company in such banks or other financial institutions as the Member may from time to time select;
(i) employ, fix the compensation of, oversee, and discharge agents and employees of the Company as it shall deem advisable in the operation and management of the business of the Company, including such accountants, attorneys, architects, consultants, engineers, and appraisers, on such terms and for such compensation, as the Member shall determine;
(j) enter into management agreements with third parties pursuant to whi...
Authority of the Member. Nothing herein shall be construed to require any person to inquire as to the authority of the Member to act on behalf of the Company.
