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. No Member shall have the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Tribune Co), Limited Liability Company Agreement (Tribune Co), Limited Liability Company Agreement (Times Mirror Co /New/)

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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 AgreementAgreement or as otherwise required by the Delaware Act. No Member shall have the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Company, and all Members shall constitute one class or group of members Members of the Company for all purposes of the Delaware Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (PLM Equipment Growth Fund V), Limited Liability Company Agreement (PLM Equipment Growth Fund Vi), Limited Liability Company Agreement (PLM Equipment Growth Fund V)

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. No Member shall have the power to act for Agreement or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes of as otherwise required by the Delaware Act.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Rhythm Holding Company, LLC), Operating Agreement (Rhythm Holding Company, 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. No Member Members shall not have the power authority to act for transact any business in the Company’s name or on behalf of, or to bindbind the Company by virtue of their status as Members. For purposes of the Delaware Act, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes of the Delaware ActCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Red Hat Inc), Limited Liability Company Agreement (Red Hat Inc)

Powers of Members. The Members Each Member shall have the power to exercise any and all rights or powers granted to the Members such Member pursuant to (a) the express terms of this Agreement or (b) the terms of the Delaware Act that grant rights or powers to Members with respect to matters not otherwise addressed, superseded or negated by this Agreement, or delegated to the Board pursuant to this Agreement. No Notwithstanding anything to the contrary in the Delaware Act, no Member shall have the power authority to act for or on behalf of, or to bind, the Company without the prior written approval bind NGR Management by virtue of the Managing such Person’s status as a Member. All Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Powers of Members. The Members Each Member shall have the power to exercise any and all rights or powers granted to the Members such Member pursuant to (a) the express terms of this Agreement. No Member shall have Agreement or (b) the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes terms of the Delaware Act that grant rights or powers to Members with respect to matters not otherwise addressed by this Agreement, or delegated to the Board pursuant to (and subject to the limitations herein, including any consent required under Section 6.1(b)) this Agreement. Notwithstanding anything to the contrary in the Delaware Act, the Members shall not have the authority to bind the Company by virtue of their status as Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Driven Brands Holdings Inc.)

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members members pursuant to the express terms of this Agreement. No Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company without Company. Notwithstanding the prior written approval of the Managing Member. All foregoing sentence, all Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Frontier Communications 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 Delaware Act or the express terms of this Agreement. No Member Notwithstanding anything in the foregoing to the contrary, any matter specified in SECTION 6.4 that is referred to the Members by the Managers shall have the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.require the

Appears in 1 contract

Samples: Limited Liability Company Agreement (Libbey Inc)

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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. No Member shall have the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group of members of the Company for all purposes of Agreement and the Delaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Centennial Cellular Operating Co 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. No Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company without Company. Notwithstanding the prior written approval of the Managing Member. All foregoing sentence, all Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.

Appears in 1 contract

Samples: American Medical Providers Inc

Powers of Members. The Members shall have the power to exercise any and all rights or powers granted to the Members members pursuant to the express terms of this Agreement. No Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company without Company. Notwithstanding the prior written approval of the Managing Member. All foregoing sentence, all Members shall constitute one class or group of members of the Company for all purposes of the Delaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Gaming Capital Partnership)

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. No Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member shall have the power to act for or on behalf of, or to bind, the Company without the prior written approval of the Managing Member. All Members shall constitute one class or group Board of members of the Company for all purposes of the Delaware ActManagers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commodore Applied Technologies Inc)

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