Reliance on Authority of Person Signing Agreement. If a Member is ------------------------------------------------- not a natural person, neither the Company nor any Member will be required to determine the authority of the individual signing this Agreement to make any commitment or undertaking on behalf of such entity or to determine any fact or circumstance bearing upon the existence of the authority of such individual.
Appears in 2 contracts
Samples: Operating Agreement (Hollywood Park Inc/New/), Operating Agreement (Hollywood Park Fall Operating Co)
Reliance on Authority of Person Signing Agreement. If a Member is ------------------------------------------------- not a natural person, neither the Company nor any Member will (a) be required to determine the authority of the individual signing this Agreement to make any commitment or undertaking on behalf of such entity or to determine any fact or circumstance bearing upon the existence of the authority of such individualindividual or (b) be required to see to the application or distribution of proceeds paid or credited to individuals signing this Agreement on behalf of such entity.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Castle Dental Centers Inc)
Reliance on Authority of Person Signing Agreement. If In the event that a Member is ------------------------------------------------- not a natural person, neither the Company nor any other Member will shall (a) be required to determine the authority of the individual signing this Agreement to make any commitment or undertaking on behalf of such entity Entity or to determine any fact or of circumstance bearing upon the existence of the authority of such individual, or (b) be required to see to the application or distribution of proceeds paid or credited to individuals signing this Agreement on behalf of such Entity.
Appears in 1 contract
Samples: Operating Agreement (InSight Imaging Services Corp.)
Reliance on Authority of Person Signing Agreement. If In the event that a Member is ------------------------------------------------- not a natural person, neither the Company nor any Member will (a) be required to determine the authority of the individual signing this the Agreement to make any commitment or undertaking on behalf of such entity or to determine any fact or circumstance bearing upon the existence of the authority of such individualindividual or (b) be required to see to the application or distribution of proceeds paid or credited to individuals signing the Agreement on behalf of such entity.
Appears in 1 contract
Samples: Operating Agreement (American Shared Hospital Services)