No Control By Members. No Member (except a Member who may also be a Manager or officer, and then only in such capacity within the scope of his, her or its authority hereunder) will participate in or have any control over the Company business or will have any authority or right to act for or bind the Company, except as otherwise provided herein. All Members hereby consent to the exercise by the Board of Managers of the powers conferred on the Board of Managers by this Agreement.
Appears in 4 contracts
Samples: Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.), Operating Agreement (Viking Energy Group, Inc.)
No Control By Members. No Member (except Except through the Board of Directors or as expressly set forth in this Agreement, the Members shall take no part in the control or management of the affairs of the Company, nor shall a Member who may also be a Manager or officer, and then only in such capacity within the scope of his, her or its authority hereunder) will participate in or have any control over the Company business or will have any authority or right to act for or on behalf of the Company or to sign for or bind the Company, except as otherwise provided herein. All Members hereby consent to the exercise by the Board of Managers of the powers conferred on the Board of Managers by this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Sixth Street Partners Management Company, L.P.), Limited Liability Company Agreement (HG Vora Capital Management, LLC), Limited Liability Company Agreement (Hudson Bay Capital Management LP)
No Control By Members. No Member (except a Member who may also be a Manager or officer, and then only in such capacity within the scope of his, her or its authority hereunder) will participate in or have any control over the Company business or will have any authority or right to act for or bind the Company, except as otherwise provided herein. All Members hereby consent to the exercise by the Board of Managers of the powers conferred on the Board of Managers by this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Capital Park Holdings Corp.), Company Agreement (Northstar Healthcare Inc)
