Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of 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, a Manager may not bind the Company.
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Samples: Lease Agreement (Terrestar Corp)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSECTION 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 AgreementAgreement or in a resolution of the Managers, a Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (American Capital Strategies LTD)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 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 18–402 of the Act, Act and except as specifically provided in this AgreementAgreement or in a resolution of the Managers, a Manager may shall not have the authority to bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (American Capital Strategies LTD)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 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, Act and except as specifically provided in this AgreementAgreement or in a resolution of the Managers, a Manager may shall not have the authority to bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (American Capital Strategies LTD)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 8.4, 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 18-18 402 of the Act, except as provided in this AgreementAgreement or in a resolution of the Managers, a Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (SG Mortgage Securities, LLC)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 9, 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 AgreementAgreement or in a resolution of the Board, a an Independent Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Income Mesa Del Sol, LLC)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of 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 AgreementAgreement or in a resolution of the Board, a Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Replay Acquisition Corp.)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 8.4, 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 AgreementAgreement or in a resolution of the Managers, a Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (RFS Funding Trust)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 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, except as provided in this AgreementAgreement or in a resolution of the Managers, a Manager may not bind the Company.
Appears in 1 contract
Samples: businesslawtoday.org
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 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, a Manager may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (SLM Funding LLC)
Managers as Agents. To the extent of their powers set forth in this Agreement and subject to the terms of this AgreementSection 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, the Independent Manager may not bind the Company and, except as provided in this AgreementAgreement or in a resolution of the Managers, a Manager (other than the Independent Manager), in its capacity as such, may not bind the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (WESTMORELAND COAL Co)