Common use of Powers of Members Clause in Contracts

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Natural Resource Partners Lp), Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp)

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Powers of Members. The Except to the extent waived or limited in a separate written agreement executed by a Member, the Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Plains Gp Holdings Lp), Limited Liability Company Agreement (Antero Midstream GP LP)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall not have no power the authority to bind the Company and no authority to act on behalf by virtue of the Companytheir status as Members.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Hoehn Saric Ruldolf Christopher), Limited Liability Company Agreement (Kinder Morgan Inc), Limited Liability Company Agreement (Usa Networks Inc)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly specifically provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Entergy Arkansas Inc), Limited Liability Company Agreement (Entergy Gulf States Louisiana, LLC), Limited Liability Company Agreement (Entergy Texas, Inc.)

Powers of Members. The Members shall have the power to exercise any and all rights or powers specifically granted to the Members pursuant to this Agreement or as otherwise required by the express terms of this AgreementAct. Except as expressly otherwise specifically provided hereinby this Agreement or required by the Act, no Member (other than a Member who is also a Manager) shall have the power to act for or on behalf of, or to bind, the Members shall have no power Company or to bind manage the business and affairs of the Company and no authority which, as more specifically provided in §6.1 hereof, is delegated to act on behalf of the CompanyManager.

Appears in 4 contracts

Samples: Operating Agreement (Columbia Equity Trust, Inc.), Operating Agreement (Columbia Equity Trust, Inc.), Operating Agreement (Columbia Equity Trust, Inc.)

Powers of Members. The Members shall have the power to exercise any and all only those rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly specifically provided hereinherein or by the Board, the Members shall have no power to bind the Company and no or authority to act for or on behalf of of, or to bind, the Company.

Appears in 4 contracts

Samples: Subscription Agreement, Limited Liability Company Agreement (Celadon Group Inc), Subscription Agreement (Celadon Group Inc)

Powers of Members. The Members shall have the power to exercise any only those rights and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall not have no power the authority to bind the Company and no authority to act on behalf by virtue of the Companytheir status as Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Petro River Oil Corp.), Limited Liability Company Agreement (Bitzumi, Inc.), Subscription Agreement (Petro River Oil Corp.)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. The Members shall also have the power to authorize the Board, by unanimous vote of the Members, to possess and exercise any right or power not already vested in the Board pursuant to Article V or any other provision of this Agreement. Except as expressly otherwise specifically provided herein, the Members shall have no power or authority or right to bind the Company and no authority to act on behalf of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Molten Metal Technology Inc /De/), Limited Liability Company Agreement (Molten Metal Technology Inc /De/)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the The Members shall also have no the power to authorize the Manager or Managers, by Majority Vote of the Members, to possess and exercise any right or power not already vested in the Managers pursuant to Section 6.4 or any other provision of this Agreement. The Members shall not have the power to bind the Company and no authority to act on behalf of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Einstein Noah Bagel Corp), Limited Liability Company Agreement (Einstein Noah Bagel Corp)

Powers of Members. The Members shall have the power to exercise any only such rights and all rights or powers as are granted to the Members pursuant to the express terms of this AgreementAgreement and the Act. Except as otherwise expressly and specifically provided in this Agreement and, no Member, in such capacity, shall have any authority to bind, to act for, to sign for or to assume any obligation or responsibility on behalf of, any other Member or the Operating Company. Except as expressly provided hereinset forth in this Agreement, no action by the Members Operating Company shall have no power to bind require the Company and no authority to act on behalf vote or approval of the Companyany Member in its capacity as a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Earthlink Inc), Operating Company Agreement (Earthlink Inc)

Powers of Members. The Members shall have the power to exercise ----------------- any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement but subject to the terms and provisions of the Securityholders Agreement. The Members shall agree to take any and all actions required by, or approved in accordance with, the Securityholders Agreement. Except as expressly provided hereinin this Agreement, the Members shall have no power as Members to bind the Company and no authority to act on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aurora Foods Inc /Md/)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly otherwise specifically provided hereinby this Agreement or required by the Act, no Member, other than the Members Managing Member, shall have no the power to bind the Company and no authority to act for or on behalf of of, or to bind, the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Simon Arnold H)

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Powers of Members. (a) Members shall not have the authority to transact any business in the Company’s name or bind the Company by virtue of their status as Members. (b) The Members shall only have the power voting and approval rights expressly provided for herein. (c) No holder of an Interest or Member shall have any interest in specific Company assets, including any assets contributed to exercise the Company by such Member as part of any Contribution. Each Member waives any and all rights or powers granted that it may have to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf maintain an action for partition of the Company’s property.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Realnetworks Inc)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided hereinin this Agreement, the Members shall have no power as Members to bind the Company and no authority to act on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MBW Foods Inc)

Powers of Members. The Members shall will have only the power to exercise any and all the rights or powers specifically granted to the Members of their Class pursuant to the express terms of this Agreement. Except A Member, as expressly provided hereinsuch, the Members shall does not have no any power to bind the Company and no authority to act on behalf of the Company.

Appears in 1 contract

Samples: Equity Exchange Agreement (Healthtech Solutions, Inc./Ut)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. The Members shall also have the power to authorize the Board, by Majority Vote, to possess and exercise any right or power not already vested in the Board pursuant to Article VI or any other provision of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and shall have no authority power to act on behalf manage the business or affairs of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MAAX Holding Co.)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted Notwithstanding anything herein to the Members pursuant to the express terms of this Agreement. Except as expressly provided hereincontrary, the Members shall have no all of the rights and powers specifically set forth in this Agreement and, to the extent not inconsistent with this Agreement, in the Act. The Members, in their capacity as Members of the Company, shall not be agents of the Company and shall not have any right, power or authority to transact any business in the name of the Company or to act for or on behalf of or to bind the Company and no authority to act on behalf Company. No annual or special meetings of the CompanyMembers shall be required.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iShares GSCI Commodity Indexed Trust)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly specifically provided herein, the Members shall have no power to bind the Company and no or authority to act for or on behalf of of, or to bind, the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement but subject to the terms and provisions of the Securityholders Agreement. The Members shall agree to take all actions required by, or approved in accordance with, the Securityholders Agreement. Except as expressly provided hereinin this Agreement, the Members who are not Member Managers shall have no power as Members to bind the Company. Members who are Member Managers shall have the power to bind the Company and no authority to act on behalf of the Companyas provided in Article VI.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aurora Foods Inc /Md/)

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