Common use of Officers as Agents; Authority Clause in Contracts

Officers as Agents; Authority. The officers, to the extent of their powers set forth in this Agreement and/or delegated to them by the member(s), are agents and managers of the Company for the purpose of the Company's business, and the actions of the officers taken in accordance with such powers shall bind the Company.

Appears in 28 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

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Officers as Agents; Authority. The officers, to the extent of their powers set forth in this Agreement and/or delegated to them by the member(s), are agents and managers of the Company for the purpose of the Company's ’s business, and the actions of the officers taken in accordance with such powers shall bind the Company.

Appears in 19 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

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Officers as Agents; Authority. The officers, to the extent of their powers set forth in this Agreement and/or delegated to them by the member(sMember(s), are agents and managers of the Company for the purpose of the Company's business, and the actions of the officers taken in accordance with such powers shall bind the Company.. -----------------------------

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

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