Common use of Managers as Agents Clause in Contracts

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Petro River Oil Corp.), Limited Liability Company Agreement (Bitzumi, Inc.), Agreement and Plan of Merger (Monogram Residential Trust, Inc.)

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Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9(j), the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, a Manager may not bind the Company except as provided in this Agreement or in a resolution of the Managers.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (Nissan Master Owner Trust Receivables)

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 10(j), the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (Theravance Biopharma, Inc.)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such the powers set forth in this Agreement shall bind the Company. The failure of the Company, or the Members or the Board of Managers on behalf of the Company, to comply with the foregoing covenants or any other covenants set forth herein, shall not affect the status of the Company as a separate legal entity or the limited liability of the Members or Managers.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (LiveWatch Security, LLC), Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board of Managers expressly authorizing such action duly adopted pursuant to the terms of this Agreement, a Manager may not bind the Company.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Capital Southwest Corp), Limited Liability Company Operating Agreement, Limited Liability Company Agreement (KCAP Financial, Inc.)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Except as provided in this Agreement, no Manager may bind the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability (CERES Coin LLC), Operating Agreement

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9(j), the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act and except as specifically provided in this Agreement or in a resolution of the Managers, a Manager shall not have the authority to bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (American Capital Strategies LTD), Limited Liability Company Operating Agreement (American Capital Strategies LTD), Limited Liability Company Operating Agreement (American Capital Strategies LTD)

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9(j), the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Agreement (Mru Abs Ii LLC), Limited Liability Company Operating Agreement (SLM Funding LLC)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such the powers set forth in this Agreement shall bind the Company.

Appears in 3 contracts

Samples: Operating Agreement, Single Member Limited Liability Company Operating Agreement, Operating Agreement

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board, a Manager may not bind the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Finance of America Companies Inc.), Limited Liability Company Agreement (Ibm Credit LLC), Ibm Credit LLC (Ibm Credit LLC)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers Managers, through the Board and taken in accordance with such powers set forth in this Agreement Agreement, shall bind the Company. Except as provided in this Agreement or pursuant to an authorization from the Board, an individual Manager may not bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9j, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9(j), the Managers are agents of the Company for the purpose of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Managers, a Manager may not bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Capital Trust Inc), Limited Liability Company Agreement (Volkswagen Dealer Finance LLC)

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to and without limitation of Section 9(j), the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such the powers set forth in this Agreement shall bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Urban One, Inc.)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Board expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to the terms of this Agreement, a Manager may not bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Business Development Corp of America), Liability Company Agreement (Horizon Technology Finance Corp)

Managers as Agents. To The Managers, to the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (New Mountain Finance Holdings, L.L.C.), Limited Liability Company Agreement (New Mountain Finance Corp)

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Managers as Agents. To the extent of their powers set forth in this Agreement, Agreement the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18-402 of the Act, except as provided in this Agreement or in a resolution of the Managers, a Manager may not bind the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (University Club, Inc. (FL)), Limited Liability Company Agreement (Carrabba's/Colorado-I, Limited Partnership)

Managers as Agents. To The Managers, to the extent of their the powers set ------------------ forth in this Agreementherein, the Managers are agents of the Company for the purpose of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Merck & Co Inc)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Except as provided in this Agreement, no Manager may Bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Managers as Agents. To the extent of their its powers set forth in this AgreementAgreement and subject to Sections 8.1(iv), 8.3 and 8.9, the Managers are agents Manager is an agent of the Company for the purpose of the Company’s 's business, and the actions of the Managers Manager taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 1 contract

Samples: Purchase Agreement (Shelbourne Properties I Inc)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall will bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)

Managers as Agents. To the extent of their powers set forth in this Agreement-------------------- Agreement and subject to Section 10(k), the Managers are agents of the Company for the purpose purposes of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

Managers as Agents. To the extent of their powers set forth in this AgreementAgreement and subject to Section 9j, the Managers are agents of the Company for the purpose of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)

Managers as Agents. To the extent of their powers set forth in this Agreement, the Managers are agents of the Company for the purpose of the Company’s 's business, and the actions of the Managers taken in accordance with such powers set forth in this Agreement shall bind the Company. Notwithstanding the last sentence of Section 18‑402 of the Act, except as provided in this Agreement or in a resolution of the Board, a Manager may not bind the Company.

Appears in 1 contract

Samples: Operating Agreement (CAESARS ENTERTAINMENT Corp)

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