Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 67 contracts
Samples: Limited Liability Company Agreement (Porsche Auto Funding LLC), Limited Liability Company Agreement (Hyundai Abs Funding LLC), Limited Liability Company Agreement (Verizon Master Trust)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 29 contracts
Samples: Limited Liability Company Agreement (Verizon ABS LLC), Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (Stanwich Asset Acceptance CO LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 27 contracts
Samples: Limited Liability Company Agreement (Endurance International Group, Inc.), Limited Liability Company Agreement (Pinnacle Towers III LLC), Limited Liability Company Agreement (Pinnacle Towers III LLC)
Directors as Agents. To The Directors, to the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 18 contracts
Samples: Limited Liability Company Agreement (Entergy Arkansas Inc), Limited Liability Company Agreement (Entergy Gulf States Louisiana, LLC), Limited Liability Company Agreement (South Texas Supply Company, Inc.)
Directors as Agents. To The Directors, to the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding Except as otherwise provided in Section 1.3 and notwithstanding the last sentence of Section 18-402 of the Delaware Act, except as provided in this Agreement or in a resolution of no single Director shall have the Directors, a Director may not power to bind the CompanyCompany and the Board shall have the power to act only collectively in the manner specified herein.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (CVR Energy Inc), Limited Liability Company Agreement (CVR Energy Inc), Limited Liability Company Agreement (CVR Energy Inc)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j11(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Company Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Company Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Company Directors, a Director may not bind the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Usaa Acceptance LLC), Limited Liability Company Agreement (Usaa Acceptance LLC), Limited Liability Company Agreement (Usaa Acceptance LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (University Club, Inc. (FL)), Limited Liability Company Operating Agreement (University Club, Inc. (FL)), Limited Liability Company Agreement (University Club, Inc. (FL))
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)LLC Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this LLC Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the LLC Act, except as provided in this Agreement LLC Agreement, the By-Laws or in a resolution of the Directors, a Director may not bind the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j8(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the DirectorsAgreement, a Director may not bind the Company.
Appears in 6 contracts
Samples: Master Collateral Agency Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Global Holdings Inc), Assignment and Assumption Agreement (Hertz Global Holdings Inc)
Directors as Agents. To the extent of their powers set forth in ------------------- this Agreement and subject to Section 9(j)9j, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Pg&e Funding LLC), Limited Liability Company Agreement (Sdg&e Funding LLC a De Limited Liability Co), Limited Liability Company Agreement (Sce Funding LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j9(i), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Criimi Mae Inc), Limited Liability Company Agreement (American Express Issuance Trust), Limited Liability Company Agreement (American Express Credit Account Master Trust)
Directors as Agents. To the extent of their powers set forth in this Agreement Agreement, and subject to Section 9(j9(k), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, a Director may not bind the Company, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Huntington Auto Trust 2015-1), Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Huntington Funding, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (BA Credit Card Trust), Management Agreement (Nevada Property 1 LLC), Limited Liability Company Agreement (Zipcar Inc)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)4.10, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Carmax Auto Funding LLC), Liability Company Agreement (Pooled Auto Securities Shelf LLC), Limited Liability Company Agreement (Bear Stearns Asset Backed Securities I LLC)
Directors as Agents. To the extent of their powers set forth in this ------------------- Agreement and subject to Section 9(j)9j, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Sce Funding LLC), Sdg&e Funding LLC a De Limited Liability Co, Pg&e Funding LLC
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers poweis set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Santander Drive Auto Receivables LLC), Limited Liability Company Agreement (Santander Drive Auto Receivables LLC), Limited Liability Company Agreement (Santander Drive Auto Receivables LLC)
Directors as Agents. To The Directors, to the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding Except as otherwise provided in this Agreement and notwithstanding the last sentence of Section 18-402 of the Delaware Act, except as provided in this Agreement or in a resolution of no single Director shall have the Directors, a Director may not power to bind the CompanyCompany and the Board shall have the power to act only collectively in the manner specified herein.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Carbuyco, LLC), Limited Liability Company Agreement (IAA Acquisition Corp.), Limited Liability Company Agreement (Adesa California, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the LLC Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)4.10, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Carmax Auto Funding LLC), Limited Liability Company Agreement (Wachovia Card Receivables LLC), Limited Liability Company Agreement (Wachovia Education Loan Funding LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, a Director may not bind the Company except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Bridgecrest Auto Funding LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Company Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Company Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Company Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Usaa Acceptance LLC), Limited Liability Company Agreement (Usaa Acceptance LLC), Limited Liability Company Agreement (Usaa Acceptance LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)8, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)8, the Directors (except for the Director nominated by MLCS) are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors (except for the Director nominated by MLCS) taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Supply Co LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section subsection 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (WF Card Funding LLC), Limited Liability Company Agreement (WF Card Issuance Trust)
Directors as Agents. To The Directors, to the extent of their powers set forth in this Agreement and subject to Section 9(j)10, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (BMO Commercial Mortgage Securities LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section § 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Credit Suisse Asset Repackaging Depositor LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j9(i), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the -8- Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dryrock Issuance Trust)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)7.10, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Delaware Limited Liability Company Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Operating Agreement (U S Timberlands Klamath Falls LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors members of the Board are agents of the Company for the purpose of the Company’s business, and the actions of the Directors members of the Board taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (APX Group Holdings, Inc.)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 any provision of the ActAct to the contrary, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Insight Enterprises Inc)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Liability Company Agreement (PG&E Energy Recovery Funding LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)10(j) of this Agreement, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (SunTrust Real Estate Trust, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Company Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Company Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board or Company Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Regions Acceptance LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section ss. 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CSFB Asset Repackaging Depositor LLC)
Directors as Agents. To the extent of their powers set forth specified in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth specified in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability (Fixed Income Client Solutions LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Phoenix Residential Securities, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board of Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Operating Agreement (Kennedy-Wilson Properties (IL))
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 18402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bond Securitization LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j9(i), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (American Express Receivables Financing Corp VIII LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors Board taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the LLC Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (HNS Finance Corp.)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard expressly authorizing such action, a which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to the terms of this Agreement, an individual Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (PennantPark Floating Rate Capital Ltd.)
Directors as Agents. To the extent of their powers set forth in this Agreement ------------------- Agreement, and subject to Section 9(j)9j, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sierra Pacific Power Co)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bon-Ton Stores of Lancaster, Inc.)
Directors as Agents. To the extent of their powers set forth in ------------------- this Agreement and subject to Section 9(j), the Directors are agents of the ------------ Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section ------- 18-402 of the Act, except as provided in this Agreement or in a resolution of ------ the Directors, a Director may not bind the Company.
Appears in 1 contract
Directors as Agents. To the extent of their powers set forth in this ------------------- Agreement and subject to Section 9(j), the Directors are agents of the Company ------------- for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except -------------- as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Amsouth Auto Receivables LLC
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), . the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)8.2, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Goal Capital Funding, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j9(i), . the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.)
Directors as Agents. To the extent of their powers set forth in this ------------------- Agreement and subject to Section 9(j), the Directors are agents of the Company ------------- for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsDirectors (subject to Section 9(j) hereof), a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Greenpoint Asset LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directorsdirectors, a Director director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.Section
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lehman Brothers Asset Securitization LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)7.10, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 EXHIBIT 3.3 of the Delaware Limited Liability Company Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Operating Agreement (U S Timberlands Klamath Falls LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence provisions of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wachovia Mortgage Loan Trust, LLC)
Directors as Agents. To the extent of their powers set ------------------- forth in this Agreement and subject to Section 9(j), the Directors are agents of ------------ the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Directors as Agents. To the extent of their powers set forth in ------------------- this Agreement and subject to Section 9(j), the Directors are agents of the ----------- Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the -------------- Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: M&i Dealer Auto Securitization LLC
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to the terms of this Agreement, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Fifth Street Finance Corp.)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the CompanyCompany in his capacity as such.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Trump Indiana Inc)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 1834-402 130 (b) of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
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Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)4.10, the Directors are agents of the Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except Except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
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Directors as Agents. To the extent of their powers set forth in ------------------- this Agreement and subject to Section 9(j), the Directors are agents of the ------------ Company for the purpose of the Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the -------------- Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bond Securitization LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j9(i), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the DirectorsBoard, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dryrock Issuance Trust)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j)10(j) of this Agreement, the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (SunTrust Mortgage Securitization, LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j), the Directors are agents of the Company for the purpose of the 5 Company’s 's business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Education Capital I LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 9(j7, Section 9(d) and (i), the Directors are agents of the Company for the purpose of the Company’s business, and the actions of the Directors taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act; provided that, except as provided in this Agreement or in a resolution of the Directors, a Director may not bind the CompanyCompany notwithstanding the last sentence of Section 18-402 of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement
