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 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, and 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 (PLM Equipment Growth Fund V), Limited Liability Company Agreement (PLM Equipment Growth Fund Vi), Limited Liability Company Agreement (PLM Equipment Growth & Income Fund Vii)
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 or as otherwise required by the Delaware ActAgreement. No Member shall have the power to act for or on behalf of, or to bind, the Company, and all Company without the prior written approval of the Managing Member. 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 (Tribune Co), Limited Liability Company Agreement (Tribune Co), Limited Liability Company Agreement (Times Mirror Co /New/)
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 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, and all Members shall constitute one class or group of Members of the Company for all purposes of 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 Agreement. 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 otherwise required by Members. For purposes of the Delaware Act. No Member shall have the power to act for or on behalf of, or to bind, the Company, and all Members shall constitute one class or group of Members 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 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. Except as otherwise specifically provided by this Agreement or as otherwise required by the Delaware Act. No , no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company. Notwithstanding the foregoing sentence, and 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. Except as otherwise specifically provided by this Agreement or as otherwise required by the Delaware Act. No , no Member shall have the power to act for or on behalf of, or to bind, the Company, and all Members shall constitute one class or group of Members Company without the prior written approval of the Company for all purposes Board of the Delaware ActManagers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Commodore Applied Technologies 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 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, and 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 (Centennial Cellular Operating Co LLC)
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 as (b) the terms of the Delaware Act that grant rights or powers to Members with respect to matters not otherwise required addressed, superseded or negated by this Agreement, or delegated to the Board pursuant to this Agreement. Notwithstanding anything to the contrary in the Delaware Act. No , no Member shall have the power authority to act for or on behalf of, or to bind, the Company, and all Members shall constitute one class or group bind NGR Management by virtue of Members of the Company for all purposes of the Delaware Actsuch Person’s status as a Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement
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 otherwise specifically provided by this Agreement or as otherwise required by the Delaware Act. No , no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company. Notwithstanding the foregoing sentence, and all Members shall constitute one class or group of Members members of the Company for all purposes of the Delaware Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (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. Except as otherwise specifically provided by this Agreement or as otherwise required by the Delaware Act. No , no Member other than the Managing Member shall have the power to act for or on behalf of, or to bind, the Company. Notwithstanding the foregoing sentence, and all Members shall constitute one class or group of Members 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 or as otherwise required Agreement. Notwithstanding anything in the foregoing to the contrary, any matter specified in SECTION 6.4 that is referred to the Members by the Delaware Act. No Member Managers shall have the power to act for or on behalf of, or to bind, the Company, and 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
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 as (b) the 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 by under Section 6.1(b)) this Agreement. Notwithstanding anything to the contrary in the Delaware Act. No Member , the Members shall not have the power authority to act for or on behalf of, or to bind, the Company, and all Members shall constitute one class or group of Members of bind the Company for all purposes by virtue of the Delaware Acttheir status as Members.
Appears in 1 contract
Powers of Members. The Members shall have all powers, statutory or otherwise, possessed by a member of a limited liability company under the power to exercise Act, or under any and all rights or powers granted to other applicable laws of the Members pursuant to State of Delaware, unless otherwise limited by the express terms provisions of the Certificate of Formation, this Agreement, a Membership Agreement 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, and 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 (Premdor Finace LLC)