Common use of Binding Authority Clause in Contracts

Binding Authority. No Person shall have any power or authority to bind the Company unless such Person has been authorized by the Manager to act on behalf of the Company in accordance with this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Mediacom LLC), Operating Agreement (Mediacom Capital Corp)

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Binding Authority. No Unless specifically authorized to do so by this Agreement, no Member or other Person shall have any power or authority to bind the Company Company, unless such Member or other Person has been authorized by the Manager Board of Managers to act on behalf of the Company in accordance with this AgreementCompany.

Appears in 2 contracts

Samples: Operating Agreement (Bluefly Inc), Operating Agreement (Siebert Financial Corp)

Binding Authority. Unless authorized to do so by this Agreement or the Managers in writing, no Person shall have any power or authority to bind the Company. No Person shall have any power or authority to bind the Company unless such Person has been authorized by the Manager Managers to act on behalf of the Company in accordance with this Agreementthe immediately preceding sentence.

Appears in 1 contract

Samples: Operating Agreement (Qualex Inc.)

Binding Authority. Unless authorized to do so by this Agreement or all of the Managers in writing, no Person shall have any power or authority to bind the Company. No Person shall have any power or authority to bind the Company unless such Person has been authorized by the Manager Managers to act on behalf of the Company in accordance with this Agreementthe immediately preceding sentence.

Appears in 1 contract

Samples: Operating Agreement (Victory Entertainment Corp)

Binding Authority. Unless authorized to do so by this Agreement or the Managing Members, no Person shall have any power or authority to bind the Company. No Person shall have any power or authority to bind the Company unless such Person has been authorized by the Manager Managing Members to act on behalf of the Company in accordance with this Agreementthe immediately preceding paragraph.

Appears in 1 contract

Samples: Operating Agreement

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Binding Authority. No Unless specifically authorized to do so by this Agreement or the Management Services Agreement, no Member or other Person shall have any power or authority to bind the Company Company, unless such Member or other Person has been authorized by the Manager Board of Managers in writing to act on behalf of the Company in accordance with this AgreementCompany.

Appears in 1 contract

Samples: Operating Agreement (Careinsite Inc)

Binding Authority. The Managers shall have the power and authority to bind the Company. No Person other person shall have any power or authority to bind the Company unless such Person person has been authorized by the Manager Managers to act on behalf of the Company in accordance with this AgreementCompany.

Appears in 1 contract

Samples: Operating Agreement

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