Common use of Managers as Agents; Limitation on Power of Members Clause in Contracts

Managers as Agents; Limitation on Power of Members. To the extent of their powers set forth herein, the Managers are agents of the LLC for purposes of the LLC's business, and the actions of the Managers taken in accordance with those powers shall bind the LLC. No Member, in that Person's capacity as Member, acting individually or with all Members, and no Managers representing less than the number of Managers necessary for Board action under Sections 5.1, 5.7 or 5.13(d) may bind the LLC. The Managers representing the number of Managers necessary for Board action under Article 5 may bind the LLC.

Managers as Agents; Limitation on Power of Members. To The Managers, to the extent of their the powers set forth herein, the Managers are agents of the LLC for purposes the purpose of the LLC's business, and the actions of the Managers taken in accordance with those such powers shall bind the LLC. No Member, Manager or Member in that Person's capacity as Manager or Member, acting individually or with all Membersindividually, and no Managers representing less than the number of Managers necessary for Board action under Sections 5.1, 5.7 5.8, 5.9 or 5.13(d) may bind the LLC. The Managers representing the number of Managers necessary for Board action under Article 5 5.11 hereof, may bind the LLC.

Managers as Agents; Limitation on Power of Members. To the extent of their powers set forth herein, the Managers are agents of the LLC for purposes of the LLC's business, and the actions of the Managers taken in accordance with those powers shall bind the LLC. No Member, in that Person's capacity as Member, acting individually or with all Members, and no Managers representing less than the number of Managers necessary for Board action under Sections 5.15.1 or 5.7, 5.7 or 5.13(d) may bind the LLC. The Managers representing the number of Managers necessary for Board action under Article 5 may bind the LLC.