Common use of Power and Authority of Members Clause in Contracts

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: Iridium World Communications LTD, Iridium LLC

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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)

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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)

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