Common use of Limitations on Members Clause in Contracts

Limitations on Members. Other than as specifically provided for in this Agreement or the Act, no Member shall: (i) be permitted to take part in the business or control of the business or affairs of the Company; (ii) have any voice in the management or operation of any Company property; or (iii) have the authority or power to act as agent for or on behalf of the Company or any other Member, to do any act which would be binding on the Company or any other Member, or to incur any expenditures on behalf of or with respect to the Company.

Limitations on Members. Other than The Members (in his or its capacity as specifically provided for in this Agreement or the Act, no Member shalla Member) shall not: (ia) be permitted to take part in the business or control of the business or affairs of the Company; (iib) have any voice in the management or operation of any Company property; or (iii) have the authority or power to act as agent for or on behalf of the Company or any other Member, to do any act which would be binding on the Company or any other Member, or to incur any expenditures on behalf of or with respect to the Company.or

Limitations on Members. Other than No Member (in his, her or its capacity as specifically provided for in this Agreement or the Act, no Member shall: a Member) shall (ia) be permitted to take part in the business or control of the business or affairs of the Company; (iib) have any voice in the management or operation of any Company property; or (iii) have the authority or power to act as agent for or on behalf of the Company or any other Member, to do any act which would be binding on the Company or any other Member, or to incur any expenditures on behalf of or with respect to the Company.;