Member Authority. The Member has the sole power and authority, on behalf of the Company, to carry out the Company’s business and affairs, including, without limitation, the sole power and authority to acquire, encumber, or convey real or personal property from any source and through any means; engage in any financial transactions on behalf of the Company, including opening, maintaining, or closing accounts, borrowing money, or the like; entering into contracts on behalf of the Company; commence, prosecute, or defend any legal proceedings in the Company’s name; and carry on any other business or affairs of the Company not specifically provided herein, that is not in contravention of applicable law.
Appears in 10 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
