Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 10(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.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (NCT Funding Co LLC), Limited Liability Company Agreement (Dealer Auto Receivables Co LLC)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 10(jSECTION 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 (Taconic Asset Acceptance Company, L.L.C.)
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 10(jSECTION 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
Appears in 1 contract
Directors as Agents. To the extent of their powers set forth in this Agreement and subject to Section 10(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 CompanyCompany within the meaning of Section 18-402 of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Novelis Finances USA LLC)
