Common use of No Commitments Clause in Contracts

No Commitments. In dealing with third parties with respect to the Company's business or on behalf of the Company, the Members shall act in accordance with policies established by the Management Committee or by consent of a Majority-in-Interest of the Members. No Member shall, in the name of or on behalf of the Company, sign or execute any contract, instrument or document, perform any other act, engage in any transaction, commit or bind the Company to any act, contract, instrument or document, or incur any debt, except as expressly permitted by this Agreement or with the written concurrence of a Majority-in-Interest of the Members.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.)

AutoNDA by SimpleDocs

No Commitments. In dealing with third parties with respect to the Company's ’s business or on behalf of the Company, the Members shall act in accordance with the policies established by the Management Committee Manager or by consent of a the Majority-in-Interest of the Members. No Member shall, in the name of or on behalf of the Company, sign or execute any contract, instrument or document, perform any other act, engage in any transaction, commit or bind the Company to any act, contract, instrument or document, or incur any debt, except as expressly permitted by this Agreement or with the written concurrence of a Majority-in-Interest of the MembersMembers or the Manager.

Appears in 2 contracts

Samples: Operating Agreement (Everflow Eastern Partners Lp), Operating Agreement (Everflow Eastern Partners Lp)

No Commitments. In dealing with third parties with respect to the Company's ’s business or on behalf of the Company, the Members shall act in accordance with policies established by the Management Committee or by consent of a Majority-in-Interest of the MembersBoard. No Member shall, as a Member, in the name of or on behalf of the Company, sign or execute any contract, instrument or document, perform any other act, engage in any transaction, commit or bind the Company to any act, contract, instrument or document, or incur any debt, except as expressly permitted by this Agreement or with the written concurrence of a Majority-in-Interest of the MembersAgreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Q2Earth Inc.), Limited Liability Company Agreement (Q2Earth Inc.)

AutoNDA by SimpleDocs

No Commitments. In dealing with third parties with respect to the Company's business or on behalf of the Company, the Members shall act in accordance with the policies established by the Management Committee Manager or by consent of a the Majority-in-Interest of the Members. No Member shall, in the name of or on behalf of the Company, sign or execute any contract, instrument or document, perform any other act, engage in any transaction, commit or bind the Company to any act, contract, instrument or document, or incur any debt, except as expressly permitted by this Agreement or with the written concurrence of a Majority-in-Interest of the MembersMembers or the Manager.

Appears in 1 contract

Samples: Operating Agreement (Everflow Eastern Partners Lp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!