Limitation on Authority of Member. No Member is an agent of the Company solely by virtue of being a Member, and no Member has authority to act for the Company solely by virtue of being a Member.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (Rex Energy Corp), Limited Liability Company Agreement (Rex Energy Corp)
Limitation on Authority of Member. 5.5.3.1. No Member is an agent of the Company solely by virtue of being a Member, and no Member has authority to act for the Company solely by virtue of being a Member.
Appears in 2 contracts
Samples: Operating Agreement (Hughes Water & Sewer, LTD), Operating Agreement (Hughes MRO, Ltd.)
