Common use of Authority of the Members Clause in Contracts

Authority of the Members. No Member, except as otherwise provided herein, shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, shall have power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreement, no Member shall have the authority to act for, or to assume any obligations or responsibility on behalf of the other Members.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Authority of the Members. No MemberA Member in his, except her of its sole capacity as otherwise provided hereinsuch, shall take no part in the management or control of the Company’s business or affairs's business. No Member, except as otherwise provided herein, A Person shall have no power to represent, act for, sign for or bind the CompanyCompany solely by virtue of having the status of a Member. The Members hereby consent Consent to the exercise by the Board of Directors of the powers conferred on it them by law and this Agreement. Except as otherwise expressly provided in this Agreement, no Member shall have the authority to act for, or to assume any obligations or responsibility on behalf of the other Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Nco Portfolio Management Inc), Limited Liability Company Agreement (Nco Portfolio Management Inc), Limited Liability Company Agreement (Nco Portfolio Management Inc)

Authority of the Members. No Member, except as otherwise provided herein, A Member shall take no part in the management or control of the Company’s 's business or affairs. No Member, except as otherwise provided herein, A Member shall have no power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreement, no Member shall have the authority to act for, or to assume any obligations or responsibility on behalf of the other Members.

Appears in 2 contracts

Samples: Operating Agreement (Kellstrom Industries Inc), Operating Agreement (Aviation Sales Co)

Authority of the Members. No Member, except as otherwise provided herein, shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, shall have power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreementherein, no Member shall have the any authority to act for, or to assume any obligations or responsibility on behalf of, or bind any other Member or the Company. Each of the other MembersMembers represents, warrants and agrees that it shall disclose in writing to all third parties with whom such Member is in contact concerning the affairs or the business of the Company that such Member does not have any authority to act for, or to assume any obligations or responsibilities on behalf of, the Company unless expressly authorized by the Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Epl Technologies Inc)

Authority of the Members. No Member, except as otherwise provided herein, shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, shall have power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreement, no Member shall have the any authority to act for, or to assume any obligations or responsibility on behalf of, or bind any other Member or the Company. Each of the other MembersMembers represents, warrants, and agrees that it shall not, unless expressly authorized by the Manager, represent to any third party with whom such Member is in contact concerning the affairs or the business of the Company that such Member has any authority to act for, or to assume any obligations or responsibilities on behalf of, the Company.

Appears in 1 contract

Samples: Operating Agreement (Norhart Invest LLC)

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Authority of the Members. No Member, except as otherwise provided herein, shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, shall have power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreementherein, no Member shall have the any authority to act for, or to assume any obligations or responsibility on behalf of, or bind any other Member or the Company. Each of the other MembersMembers represents, warrants and agrees that it shall disclose in writing to all third parties with whom such Member is in contact concerning the affairs or the business of the Company that such Member does not have any authority to act for, or to assume any obligations or responsibilities on behalf of, the Company unless expressly authorized by the Board of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Great Plains Software Inc)

Authority of the Members. No Member, except as otherwise provided herein, shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, shall have power to represent, act for, sign for or bind the Company. The Members hereby consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise ------------------------ expressly provided in this Agreementherein, no Member shall have the any authority to act for, or to assume any obligations or responsibility on behalf of, or bind any other Member or the Company. Each of the other MembersMembers represents, warrants and agrees that it shall disclose in writing to all third parties with whom such Member is in contact concerning the affairs or the business of the Company that such Member does not have any authority to act for, or to assume any obligations or responsibilities on behalf of, the Company unless expressly authorized by the Board of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apogee Enterprises Inc)

Authority of the Members. No MemberExcept as specifically provided in this Agreement, except as otherwise provided herein, no Member shall take part in the management or control of the Company’s business or affairs. No Member, except as otherwise provided herein, and no Member shall have power to represent, act for, sign for or bind the Company. The Members hereby consent Consent to the exercise by the Board of Directors of the powers conferred on it by law and this Agreement. Except as otherwise expressly provided in this Agreement, no Member shall have the authority to act for, or to assume any obligations or responsibility on behalf of the other Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sensus Healthcare, Inc.)

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