Common use of Powers of Sole Member Clause in Contracts

Powers of Sole Member. The Sole Member shall have the power to exercise any and all rights or powers granted to the Sole Member pursuant to the express terms of this Agreement.

Appears in 4 contracts

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

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

Appears in 3 contracts

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

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