Lack of Authority. Except as otherwise specifically provided in this Agreement, no Member (other than a Member in his or her capacity as a Manager or an officer of the Company) has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures on behalf of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Global Technologies LTD), Limited Liability Company Agreement (Edison Nation, Inc.)
Lack of Authority. Except as otherwise specifically provided set forth in this Agreement, no Member (other than a Member Member, in his his, her or her its capacity as a Manager or an officer of the Company) has such, shall have the authority or power to act for or on behalf of the Company, to do any act that would be binding on Company or otherwise bind the Company or to make in any expenditures on behalf of the Companyway.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Elk Horn Coal Co LLC)
Lack of Authority. Except as otherwise specifically provided expressly set forth in this Agreement, no Member (other than a Member in his or her capacity as a Manager or an officer of the Company) has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company Company, or to make incur any expenditures on behalf of the Company.
Appears in 1 contract
Samples: Operating Agreement
