Power and Authority of Members. The Members shall manage LLC only through their designated Directors on the Board of Directors and the Members, in their capacity as such, shall have no authority or right to act on behalf of or bind LLC in connection with any matter.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Iridium World Communications LTD), Limited Liability Company Agreement (Iridium LLC)
Power and Authority of Members. The Members shall manage LLC only through their designated Directors on the Board of Directors and the Members, in their capacity as such, shall have no authority or right to act on behalf of or bind LLC in connection with any matter.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cablevision Systems Corp /Ny)
Power and Authority of Members. The Members shall manage LLC the Company only through their designated Directors on the Board of Directors Directors, and the Members, in their capacity as such, shall have no authority or right to act on behalf of or bind LLC the Company in connection with any matter.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)
