Common use of Members Are Not Agents Clause in Contracts

Members Are Not Agents. No Member acting solely in the capacity of a Member is an agent of the Company, nor can any Member acting solely in the capacity of a Member bind the Company or execute any instrument on behalf of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Vinco Ventures, Inc.), Limited Liability Company Agreement (Time Warner Cable Information Services (Texas), LLC), Limited Liability Company Agreement (Seven Arts Pictures PLC)

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Members Are Not Agents. No Member Member, acting solely in the capacity of a Member Member, is an agent of the Company, Company nor can any Member acting solely in the such capacity of a Member bind the Company or nor execute any instrument on behalf of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Ocean Biomedical, Inc.), Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC)

Members Are Not Agents. No Member Member, acting solely in the its capacity of as a Member is Member, may be an agent of the Company, nor can may any Member acting solely Member, in the capacity of a Member that capacity, bind the Company or execute any instrument on behalf of the CompanyCompany without the prior written consent of the Manager.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Global Clean Energy Holdings, Inc.), Limited Liability Company Agreement (Global Clean Energy Holdings, Inc.), Limited Liability Company Agreement (Global Clean Energy Holdings, Inc.)

Members Are Not Agents. No Member Member, acting solely in the capacity of a Member Member, is an agent of the Company, nor can and no Member, unless expressly and duly authorized in writing to do so by the Board of Managers, has any Member acting solely in the capacity power or authority to bind or act on behalf of a Member bind the Company or in any way, to pledge its credit, to execute any instrument on its behalf of the Companyor to render it liable for any purpose.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Borqs Technologies, Inc.)

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Members Are Not Agents. The management and direction of the Company and each Membership Class thereof is vested solely in the Manager. No Member Member, acting solely in the capacity of a Member Member, is an agent of any Membership Class or the Company, Company generally nor can any Member acting solely in the such capacity of a Member bind the Company or nor execute any instrument on behalf of the CompanyCompany or any Membership Class.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Members Are Not Agents. No Member acting solely in the capacity of a Member is an agent of the Company, nor can any Member acting solely in the capacity of a Member bind the Company or execute any instrument on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.)

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