Directors as Agents. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board 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 5 contracts
Samples: Limited Liability Company Agreement (Owl Rock Core Income Corp.), Securities Purchase Agreement (Newtek Business Services Corp.), Limited Liability Company Agreement (Newtek Business Services Corp.)
