No Authority to Bind Company. No Member (in such Member's ---------------------------- capacity as a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company other than the Managing Member. Each Member hereby consents to the exercise by the Managing Member of the powers conferred on such Managing Member by law and this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Stein Avy H), Limited Liability Company Agreement (Stein Avy H)
No Authority to Bind Company. No Member (in such Member's ---------------------------- Person’s capacity as a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company other than the Managing Member. Each (unless such Member hereby consents to the exercise by the Managing Member is an officer or Director of the powers conferred on Company authorized to do such Managing act, make such expenditure or incur such expenditure and such Member by law and this Agreementis acting in such capacity).
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (FMC Technologies Inc)
No Authority to Bind Company. No Member or other Holder (in such Member's ---------------------------- his, her or its capacity as a MemberMember or Holder) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company (unless such Member or other than the Managing Member. Each Member hereby consents to the exercise by the Managing Member Holder is an officer, director or manager of the powers conferred on Company authorized to do such Managing act, make such expenditure or incur such expenditure and such Member by law and this Agreementor Holder is acting in such capacity).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Yankee Holding Corp.)
No Authority to Bind Company. No Member (in such Member's capacity ---------------------------- capacity as a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company other than the Managing Member. Each Member hereby consents to the exercise by the Managing Member of the powers conferred on such Managing Member by law and this Agreement.
Appears in 1 contract
No Authority to Bind Company. No Member (in such Member's ---------------------------- capacity as a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company other than the Managing Member. Each Member hereby consents to the exercise by the Managing Member of the powers conferred on such Managing Member by law and this Agreement.
Appears in 1 contract
No Authority to Bind Company. No Member (in such Member's ---------------------------- capacity as ---------------------------- a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company other than the Managing Member. Each Member hereby consents to the exercise by the Managing Member of the powers conferred on such Managing Member by law and this Agreement.
Appears in 1 contract
