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Common use of Power to Bind the Company Clause in Contracts

Power to Bind the Company. Except as required by the Act or the Banking Law, the Member (acting in its capacity as such) shall have no authority to bind the Company to any third party with respect to any matter.

Appears in 4 contracts

Samples: Limited Liability Trust Company Agreement (WhiteHorse Finance, Inc.), Limited Liability Trust Company Agreement (Comstock Oil & Gas, LLC), Limited Liability Trust Company Agreement (GasLog Ltd.)