Presumption of Authority. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument referred to above, executed by such Person acting as attorney-in-fact, is authorized, regular and binding, without further inquiry.
Appears in 5 contracts
Samples: Formation and Operating Agreement (Municipal Mortgage & Equity LLC), Limited Liability Company Agreement (JCM Partners LLC), Limited Liability Company Agreement (Carey Diversified Properties LLC)
Presumption of Authority. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument referred to above, executed by such Person acting as attorney-in-fact, is authorized, regular authorized and binding, binding without further inquiry.
Appears in 4 contracts
Samples: Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC)
Presumption of Authority. Any Person person dealing with the Company may conclusively presume and rely upon the fact that any instrument referred to above, executed by such Person the Manager acting as attorney-in-fact, is authorized, regular and binding, without further inquiry.
Appears in 3 contracts
Samples: Operating Agreement (Comstock Holding Companies, Inc.), Operating Agreement (Comstock Holding Companies, Inc.), Subscription Agreement (Comstock Holding Companies, Inc.)
Presumption of Authority. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument referred to above, executed by such Person the Manager acting as attorney-in-fact, is authorized, regular and binding, without further inquiry.
Appears in 1 contract
Samples: Limited Partnership Agreement (Inland Real Estate Corp)
