Limitation on Authority of Members. 5.1.4.1. 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 11 contracts
Samples: Operating Agreement – Banjo Minnow (DM Products, Inc.), Operating Agreement (National Credit & Guaranty CORP), Operating Agreement (National Credit & Guaranty CORP)
Limitation on Authority of Members. 5.1.4.1. (i) 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 9 contracts
Samples: Operating Agreement (Keyw Corp), Operating Agreement Dooston Gardnerville, LLC, Limited Liability Company Operating Agreement (Clarksburg Skylark, LLC)
Limitation on Authority of Members. 5.1.4.1. No If and when the Company has more than one Member, then 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 7 contracts
Samples: LLC Operating Agreement (National Credit & Guaranty CORP), Operating Agreement (National Credit & Guaranty CORP), Operating Agreement (National Credit & Guaranty CORP)
Limitation on Authority of Members. 5.1.4.1. (a) 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 7 contracts
Samples: Operating Agreement, Operating Agreement, Area Development Agreement (Harrison Vickers & Waterman Inc)
Limitation on Authority of Members. 5.1.4.1. (a) 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. Only the Managers are authorized to act for the Company, and no Member has any authority to act for the Company unless such Member is also a Manager.
Appears in 4 contracts
Samples: Operating Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Limitation on Authority of Members. 5.1.4.1. 5.1.4.1 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 4 contracts
Samples: Operating Agreement (InSight Imaging Services Corp.), Operating Agreement (InSight Imaging Services Corp.), Limited Liability Company Agreement (Farmstead Telephone Group Inc)
Limitation on Authority of Members. 5.1.4.1. A. 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 (Laureate Ventures, Inc.), Operating Agreement (Laureate Ventures, Inc.)
Limitation on Authority of Members. 5.1.4.1. 5.1.3.1 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 (Madison Run, LLC), Operating Agreement (Madison Run, LLC)
Limitation on Authority of Members. 5.1.4.1. (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 (American Diversified Energy LLC), Operating Agreement (Empyrean Bioscience Inc)
Limitation on Authority of Members. 5.1.4.1. i. 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 1 contract
Limitation on Authority of Members. 5.1.4.1. 5.11.1 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 1 contract
Limitation on Authority of Members. 5.1.4.16.1.4.1. No Member is an agent of the Company solely by virtue of being a Membermember, and no Member has authority to act for the Company solely by virtue of being a Member.
Appears in 1 contract
Limitation on Authority of Members. 5.1.4.1. (a) 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 by virtue of being a Member. No Member shall, solely by virtue of being a Member, take part in the management of the Company’s business, transact any business for the Company, or have power to sign for or to bind the Company.
Appears in 1 contract
Samples: Operating Agreement
Limitation on Authority of Members. 5.1.4.1. 5.5.1 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 1 contract
Samples: Operating Agreement
