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