No Management by Members. The Members in their capacity as Members shall not take part in the management or control of the business, nor transact any business for the Company, nor shall they have power to sign for or to bind the Company.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement (Bespoke Capital Acquisition Corp), Operating Agreement
No Management by Members. The Except as provided in this Agreement or required by the Act, the Members in their capacity as Members shall not take part in the management or control of the business, nor . The Members shall not transact any business for the Company, nor shall they have power to sign for or to bind the Company.
Appears in 1 contract
Samples: Operating Agreement (Air T Inc)
No Management by Members. The Members in their capacity as Members shall not take part in the management or control of the business, nor transact any business for the Company, nor shall they have power to sign for or to bind the Company, unless otherwise expressly authorized under the Agreement or by action of the Company.
Appears in 1 contract
