Common use of No Individual Authority Clause in Contracts

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any other Member or the Company.

Appears in 16 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (CNL Growth Properties, Inc.), Liability Company Agreement (CNL Growth Properties, Inc.)

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No Individual Authority. Except as otherwise Unless expressly provided in this Agreement, no Member, acting alone, shall have has any authority to act for, or to undertake or assume assume, any obligations obligation, debt, or responsibility on behalf of of, any other Member or of the Company.

Appears in 6 contracts

Samples: Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp)

No Individual Authority. Except as otherwise expressly provided in this AgreementAgreement or in the Act, no Member, acting alone, shall have any authority to act for, or to create, undertake or assume any liabilities, obligations or responsibility responsibilities on behalf of the Company or any other Member or the CompanyMember.

Appears in 6 contracts

Samples: Operating Agreement, Limited Liability Company Agreement, Operating Agreement (Sidoti & Company, Inc.)

No Individual Authority. Except Accept as otherwise expressly provided in this Agreement, no Member, acting alone, Member shall have any authority to act for, or undertake or assume any obligations or responsibility on behalf of any other Member or the Company.

Appears in 6 contracts

Samples: The Contribution Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Tax Matters Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Contribution Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no No Member, acting alone, shall have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty or responsibility on behalf of any other Member or the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Niska US GP LLC), Limited Liability Company Agreement (Niska US GP LLC), Limited Liability Company Agreement (Niska GP ULC)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, No Member shall have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty or responsibility on behalf of any other Member or the CompanyCompany except as otherwise expressly provided in this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Consolidated Container Co LLC), Limited Liability Company Agreement (Dean Foods Co), Limited Liability Company Agreement (Consolidated Container Co LLC)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority obligation to act for, or undertake or assume any obligations obligation or responsibility on behalf of any of, the other Member or the CompanyLLC.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Wyle Electronics), Limited Liability Company Agreement (Marshall Industries)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no No Member, acting alone, shall have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty, or responsibility on behalf of any other Member or the CompanyCompany except as otherwise expressly provided in this Agreement.

Appears in 3 contracts

Samples: Operating Agreement (Lighting Science Group Corp), Limited Liability Company Agreement (New Home Co LLC), Limited Liability Company Agreement (New Home Co LLC)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, neither Member acting alone, alone shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any the other Member or the Company.

Appears in 2 contracts

Samples: Operating Agreement (American Retirement Corp), Operating Agreement (Sunrise Assisted Living Inc)

No Individual Authority. Except as otherwise expressly specifically provided in this Agreement, no Member, acting alone, shall have any authority to act for, or to undertake or assume any obligations obligation, debt, duty or responsibility on behalf of of, any other Member or the Company.

Appears in 2 contracts

Samples: Operating Agreement (Foreland Corp), Operating Agreement (Crown Energy Corp)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no No Member, acting alone, shall will have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty, or responsibility on behalf of any other Member or the Company, except as expressly otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Perot Systems Corp), Operating Agreement (Perot Systems Corp)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Memberneither Member nor its Affiliates, acting alone, shall will have any authority to act for, undertake or assume any obligations or responsibility on behalf of any of, the other Member or the Company.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Angeion Corp/Mn), Limited Liability Company Operating Agreement (Angeion Corp/Mn)

No Individual Authority. Except as otherwise Unless expressly provided in this Agreement, Agreement no Member, acting alone, shall have has any authority to act for, or to undertake or assume assume, any obligations obligation, debt, or responsibility on behalf of the Company or any other Member of the Company without the Manager or the Companythat Member's express written consent to so act.

Appears in 2 contracts

Samples: Operating Agreement (Dover Investments Corp), Dover Investments Corp

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, Member acting alone, alone shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any the other Member Members or the Company.

Appears in 2 contracts

Samples: Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of the Company. No Member, acting alone, shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any other Member or the CompanyMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, or to undertake or to assume any obligations obligation or responsibility on behalf of any the other Member or the CompanyLLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dixie Group Inc)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no No Member, acting alone, shall have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty or responsibility on behalf of any other Member or the CompanySociety except as otherwise expressly provided in this Agreement.

Appears in 1 contract

Samples: Members’ Agreement (Landmark Land Co Inc/De)

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No Individual Authority. Except as otherwise expressly provided in this AgreementAgreement or in the Act, no Member, acting alone, solely in such Member’s capacity as a Member, shall have any authority to act for, or to create, undertake or assume any liabilities, obligations or responsibility responsibilities on behalf of the Company or any other Member or the CompanyMember.

Appears in 1 contract

Samples: Operating Agreement (Sidoti & Company, Inc.)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority obligation to act for, or undertake or assume any obligations obligation or responsibility on behalf of any of, the other Member or the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Point Blank Solutions, Inc.)

No Individual Authority. Except as otherwise expressly specifically provided in this Agreement, no Member, acting alone, shall have any authority to act for, or to undertake or assume any obligations obligation, debt, duty, or responsibility on behalf of of, any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Crown Energy Corp)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, or undertake or assume any obligations obligation or responsibility on behalf of any of, the other Member or the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (G Iii Apparel Group LTD /De/)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, Member or Manager acting alone, alone shall have any obligation or authority to act for, or undertake or assume any obligations obligation or responsibility on behalf of of, any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Find SVP Inc)

No Individual Authority. Except as otherwise expressly provided in this AgreementAgreement or the Ancillary Agreements, no Member, acting alone, shall have any authority to act for, or undertake or assume any obligations obligation or responsibility on behalf of of, any other Member or the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wheeling Pittsburgh Corp /De/)

No Individual Authority. Except No Member, acting alone, will have any authority to act for, or to undertake or assume any obligation or liability on behalf of, any other Member or the Company, except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Willis Lease Finance Corp)

No Individual Authority. Except as otherwise expressly provided in Subject to the provisions of this Agreement, no Member, acting alone, shall have any authority to act for, or to undertake or assume assume, any obligations obligations, debt, duty, or responsibility on behalf of of, any other Member or the CompanyMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Asset Alliance Corp)

No Individual Authority. Except as otherwise may be expressly provided in this AgreementArticle 3 hereof, no Member, acting alone, shall have any authority to act for, or to undertake or assume assume, any obligations obligation, debt, duty or responsibility on behalf of of, any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Sport Haley Inc)

No Individual Authority. Except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, undertake undertake, incur or assume any obligations obligation, liability or responsibility on behalf of any the other Member Members or the Company. No real or other property of the Company shall be deemed to be owned by any Member individually, but shall be owned by, and title shall be vested solely in, the Company. The interests of the Members in the Company shall constitute personal property.

Appears in 1 contract

Samples: Operating Agreement (Summit Properties Partnership L P)

No Individual Authority. Except No Member, acting alone, will have any ----------------------- authority to act for, or to undertake or assume any obligation or liability on behalf of, any other Member or the Company, except as otherwise expressly provided in this Agreement, no Member, acting alone, shall have any authority to act for, undertake or assume any obligations or responsibility on behalf of any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Maxwell Shoe Co Inc)

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