Power of Members. The Member shall have the power to exercise any and all rights or powers granted to the Member pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC), Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC), Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically provided by this Agreement or required by the Act, no Member Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.), Operating Agreement (BBX Capital Florida LLC), Limited Liability Company Agreement (Capstone Therapeutics Corp.)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by the ActAgreement, no Member Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by the Act, and except for powers of the Managing Member pursuant to Section 7.1, no Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC), Limited Liability Company Agreement (Grand Canal Shops Mall Construction LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically provided by this Agreement or required by the Act, no Member Member, other than in its capacity as a member of the Board of Managers or as an officer of the Company, shall have the power to act for or on behalf of, or to bind, the Company. Notwithstanding the foregoing sentence, except as otherwise expressly provided herein, all Members shall constitute one class or group of members for purposes of the Act and this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically provided by this Agreement or required by the Act, no only the Managing Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by the Act, and except for the powers of the Managing Member pursuant to Section 7.1, no Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. The Members holding Common Shares shall elect the Board of Managers in accordance with Section 5.3. Except as otherwise specifically provided by this Agreement or required by the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company. All Members shall constitute one class or group of members for purposes of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. The Members shall elect the Board of Managers in accordance with Section 5.3. Except as otherwise specifically provided by this Agreement or required by the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company. All Members shall constitute one class or group of members for purposes of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by non-waivable provision of the Act, no Member Member, in his, her or its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Power of Members. The Member shall have the power to exercise any and all rights or powers granted to the Member pursuant to the express terms of this Agreement. Except as otherwise specifically provided by this Agreement or required by the Act, no Member member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC)
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically provided by this Agreement or required by the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company.IX, L.L.C.
Appears in 1 contract
Samples: Nfo Worldwide Inc
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically expressly provided by this Agreement or required by the non-waivable provisions of the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company.Company.β
Appears in 1 contract
Samples: Limited Liability Company Agreement
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically expressly provided by this Agreement or required by the non-waivable provisions of the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically expressly provided by this Agreement or required by the Act, no Member shall have the power to act for or on behalf of, or to bind, the Company.non-waivable
Appears in 1 contract
Samples: Limited Liability Company Agreement
Power of Members. The Member Members shall have the power to exercise any and all rights or powers granted to the Member Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise specifically provided by this Agreement or required by the Act, no only the Managing Member shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.)