Common use of Members Are Not Agents Clause in Contracts

Members Are Not Agents. Pursuant to Section 5.1, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except as expressly required by the Act. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.14.1 of this Agreement, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by the Act, this Agreement or the Articles and except as expressly required by the Actof Organization. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1, the management of the Company is vested in the ManagerBoard of Managers. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except as expressly required by the Act. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the ManagerBoard of Managers, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.15.1 of this Agreement, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized required by the Act, this Agreement or the Articles and except as expressly required by the ActCertificate. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1Article V of this Agreement, the management of the Company is vested in the Manager. The Members No Member shall have no power any right to participate in the management of the Company except as expressly authorized by the Act or this Agreement or the Articles and except as expressly required by the ActAgreement. No Member, acting solely in the capacity of a Member, is an agent of the Company Company, nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.purpose.‌

Members Are Not Agents. Pursuant to Section 5.14.1 of this Agreement, the management of the Company is exclusively vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by the Act, this Agreement or the Articles and except as expressly required by the Actof Organization. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its Company credit, to execute any instrument on its the Company’s behalf or to render it Company liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.14.1, the management of the Company is vested in the ManagerBoard of Managers. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except as expressly required by the ActAgreement. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the ManagerBoard of Managers, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1Article V of this Agreement, the management of the Company is vested in the Manager. The Members No Member shall have no power any right to participate in the management of the Company except as expressly authorized by the Act or this Agreement or the Articles and except as expressly required by the ActAgreement. No Member, acting solely in the capacity of a Member, is an agent of the Company Company, nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1Article III, the management of the Company is vested in the ManagerManagers and officers. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except as expressly required by the LLC Act. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the ManagerManagers, have any power or authority to (a) bind or act on behalf of the Company in any way, to (b) pledge its credit, to (c) execute any an instrument on its behalf behalf, or to (d) render it liable for any purpose. No Member shall owe any duty or obligation to the Company or the other Members solely by being a Member of the Company, except as expressly provided herein.

Members Are Not Agents. Pursuant to Section 5.1Article 4 of this Agreement, the management of the Company is vested in the ManagerBoard. The Members shall have no power to participate in the management of the Company except as expressly authorized by the Act, this Agreement or the Articles and except as expressly required by the ActCertificate. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the ManagerBoard, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1Article V of this Agreement, the management of the Company is vested in the Manager. The Members shall have no power No Member has any right to participate in the management of the Company except as expressly authorized by the Act or this Agreement or the Articles and except as expressly required by the ActAgreement. No Member, acting solely in the capacity of a Member, is an agent of the Company Company, nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.14.1 of this Agreement, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by the Act, this Agreement or the Articles and except as expressly required by the ActCertificate of Formation. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.15.1 of this Agreement, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except Certificate or as expressly required by the Act. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Are Not Agents. Pursuant to Section 5.1, the management of the Company is vested in the Manager. The Members shall have no power to participate in the management of the Company except as expressly authorized by this Agreement or the Articles and except as expressly required by the Act. No Member, acting solely in the capacity of a Member, is an agent of the Company nor does any Member, unless expressly and duly authorized in writing to do so by the Manager, have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.