Members Are Not Agents. The management of the Company is vested exclusively in the Managers. No Member may be an agent of the Company, nor may any Member, in its capacity as a Member, bind or execute any agreement, instrument or document on behalf of the Company without the prior written consent of the Managers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Internetstudios Com Inc), Limited Liability Company Agreement (Internetstudios Com Inc)
Members Are Not Agents. The management of the Company is vested exclusively in the Managers. No Member Member, acting solely in its capacity as a Member, may be an agent of the Company, nor may any Member, in its capacity as a Memberthat capacity, bind or execute any agreement, instrument or document on behalf of the Company without the prior written consent of the Managers.
Appears in 2 contracts
Samples: Operating Agreement (Cinema Ride Inc), Operating Agreement (Cinema Ride Inc)
Members Are Not Agents. The Pursuant to Article VII and the Articles, the management of the Company is vested exclusively in the ManagersManagement Committee. No Member may be Member, acting solely in the capacity of a Member, is an agent of the Company, Company nor may can any Member, Member in its such capacity as a Member, bind or execute any agreement, instrument or document on behalf of the Company without the prior written consent of the ManagersCompany.
Appears in 1 contract
Samples: Operating Agreement (Cherokee International Finance Inc)
