Managers as Agents. To the extent of their powers as provided in or pursuant to this Agreement, the Managers of the Company 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 shall bind the Company. No Manager acting alone may bind the Company, however, the last sentence of Section 402 of the DLLC Act notwithstanding.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Macquarie Energy Transition Infrastructure Fund, LLC), Limited Liability Company Agreement (Deerfield/Rab Ventures, LLC), Limited Liability Company Agreement (Flynn James E)
Managers as Agents. To the extent of their powers as provided set forth in or pursuant this Agreement and subject to this AgreementSection 9.4, the Managers of the Company 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. No Manager acting alone may bind the Company, however, Notwithstanding the last sentence of Section 18-402 of the DLLC Act notwithstandingAct, 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 (Synchrony Card Issuance Trust), Limited Liability Company Agreement (RFS Holding LLC)
