Common use of Power to Bind the Company Clause in Contracts

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (BridgeBio Pharma, Inc.), Limited Liability Company Agreement (FanSided Inc.), Merger Agreement (JGWPT Holdings Inc.)

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Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board Managing Member by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (JGWPT Holdings Inc.), Limited Liability Company Agreement (JLL JGW Distribution, LLC), Limited Liability Company Agreement (JGWPT Holdings Inc.)

Power to Bind the Company. No Member (acting solely in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action action, which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActManager.

Appears in 3 contracts

Samples: Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.)

Power to Bind the Company. No Member (acting in its capacity as such) shall will have any authority to bind the Company to any contract or obligation to or with any third party with respect to any matter except pursuant to a resolution expressly authorizing such action (and authorizing such Member to bind the Company with respect to such action), which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to the terms of this Agreement or the ActAgreement.

Appears in 2 contracts

Samples: Master Agreement (Sotherly Hotels Lp), Master Agreement (Sotherly Hotels Lp)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any the authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Actmatter.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company or any Series to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action matter and authorizing such Member to bind the Company or any Series with respect thereto, which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Springleaf Holdings, Inc.), Limited Liability Company Agreement (Springleaf Holdings, LLC)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action action, which resolution is duly adopted by the Board by the affirmative vote or written consent required for such matter pursuant to this Agreement or the Act.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Real Brokerage Inc), Limited Liability Company Agreement (Real Brokerage Inc)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action matter and authorizing such Member to bind the Company with respect thereto, which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActMajority of Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (T-Mobile USA, Inc.)

Power to Bind the Company. No Member or group of Members (acting in its or their capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board Class A Members by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 1 contract

Samples: Operating Agreement

Power to Bind the Company. No Member or Manager (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Actof Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Paramount Acquisition Corp)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any the authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action matter and authorizing any Member to bind the Company with respect thereto, which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act. For the avoidance of doubt, the preceding sentence will not limit HoldCo’s ability to bind the Company pursuant to and in accordance with the Management Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (FXCM Inc.)

Power to Bind the Company. No Member Shareholder (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (EngageSmart, LLC)

Power to Bind the Company. No Except as contemplated by Section 3.6 and Section 3.7, no Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board Managing Members by the affirmative vote required for such matter pursuant to this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Building Products, LLC)

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Power to Bind the Company. No Member (acting in its capacity as such) ), other than the Managing Member, acting in its capacity as such, shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action matter and authorizing such Member to bind the Company with respect thereto, which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActManaging Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CrossAmerica Partners LP)

Power to Bind the Company. No Member (acting in its capacity as such) other than the Managing Member acting in such capacity shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActManaging Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hiro Systems PBC)

Power to Bind the Company. No Member (acting in its ------------------------- capacity as such) shall have any the authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action (and authorizing such Member to bind the Company with respect to such action) which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Endo Pharma LLC)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the Act.. ARTICLE 8

Appears in 1 contract

Samples: Operating Agreement

Power to Bind the Company. No Member (acting in its capacity as such) shall have any the authority to bind the Company or any other Member to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action (and authorizing such Member to bind the Company with respect to such action) which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Church & Dwight Co Inc /De/)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board Managing Directors by the affirmative vote required for such matter pursuant to this Agreement or the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pepsi Bottling Group Inc)

Power to Bind the Company. No Member (acting in its capacity as such) shall have any authority to bind the Company to any third party with respect to any matter except pursuant to a resolution expressly authorizing such action which resolution is duly adopted by the Board by the affirmative vote required for such matter pursuant to this Agreement or the ActBoard.

Appears in 1 contract

Samples: Operating Agreement (Barton Protective Services LLC)

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