Right to Rely on Managers Sample Clauses

Right to Rely on Managers. Any Person dealing with the Company shall be entitled to rely (without further duty of inquiry) upon a certificate signed by any Manager or officer of the Company, as to: (a) the identity of any Manager, Member, or officer; (b) the existence or nonexistence of any fact or facts that constitute a condition precedent to acts on behalf of the Company by any Member, Manager or officer or that are in any other manner germane to the affairs of the Company; (c) the Persons who are authorized to execute and deliver any instrument or document of the Company; or (d) any other matter whatsoever involving the Company or any Member.
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Right to Rely on Managers a. Any person dealing with the Company may rely (without duty of further inquiry) upon a certificate signed by any Manager as to: (1) The identify of any Manager or any Member; (2) The existence or nonexistence of any fact or facts which constitute a condition precedent to acts by a Manager or which are in any other manner germane to the affairs of the Company; (3) The Persons who are authorized to execute and delivery any instrument or document of the Company; or (4) Any act or failure to act by the Company or any other matter whatsoever involving the Company or any Member. b. The signature of any Manager shall be necessary and sufficient to convey title to any Company Property or to execute any promissory notes, trust deeds, mortgages, or other instruments of hypothecation, and all of the Members agree that a copy of this Agreement may be shown to the appropriate parties in order to confirm the same, and further agree that the signature of any Manager shall be sufficient to execute any "statement of company" or other documents necessary to effectuate this or any other provision of this Agreement. All of the Members do hereby appoint the Managers as their attorney(s)-in-fact for the execution of any or all of the documents described in this Section 5.6(b).
Sample 1
Right to Rely on Managers. Any person or entity dealing with the Company may rely (without duty of further inquiry) upon a certificate signed by any two (2) Managers as to: a. The number of Managers; b. The identity of any Manager, Member, or officer of the Company; c. The existence or nonexistence of any fact or facts which constitute a condition precedent to acts by the Managers or which are in any other manner germane to the affairs of the Company; d. The persons who are authorized to execute and deliver any instrument or document of the Company; or e. Any act or failure to act by the Company or any other matter whatsoever involving the Company.
Sample 1
Right to Rely on Managers. Persons dealing with the Company are entitled to rely conclusively upon the power and authority of the Managers, and upon the certificate of the Managers to the effect that the Managers are then acting as the managers of the Company with authority to act by and/or in the name or on behalf of the Company.
Sample 1
Right to Rely on Managers. (a) Any Person dealing with the Company may rely (without duty of further inquiry) upon a certificate signed by any Manager as to: (i) The identity of any Member or Manager; (ii) The existence or nonexistence of any fact or facts that constitute a condition precedent to acts by the Company or that are in any other manner germane to the affairs of the Company; (iii) The Persons who are authorized to execute and deliver any instrument or document of the Company; or (iv) Any act or failure to act by the Company or any other matter whatsoever involving the Company, any Manager, or any Member. (b) The signature of any Manager shall be necessary and sufficient to convey title to any real or personal property owned by the Company or to execute any promissory notes, trust deeds, mortgages, or other instruments of hypothecation, and all of the Members agree that a copy of this Agreement may be shown to the appropriate parties in order to confirm the same, and further agree that the signature of any Manager shall be sufficient to execute any document necessary to effectuate this or any other provision of this Agreement. All of the Members do hereby appoint any Manager as their attorney-in-fact for the execution of any or all of the documents described in this Section 5.4(b). (c) Each Manager is an agent of the Company for the purpose of its business and affairs. The act of any Manager, including, but not limited to, the execution in the name of the Company of any instrument, for apparently carrying on in the usual way the business or affairs of the Company shall be binding upon the Company unless (i) such Manager in fact has no authority to act for the Company in the particular matter, and (ii) the Person with whom such Manager is dealing has knowledge of the fact that such Manager has no such authority.
Sample 1
Right to Rely on Managers. Any Person dealing with the LLC shall be entitled to rely (without further duty of inquiry) upon a certificate signed by any Manager or officer of the LLC, as to: (a) the identity of the Member or any Manager or officer; (b) the existence or nonexistence of any fact or facts that constitute a condition precedent to acts on behalf of the LLC by the Member or any Manager or officer or that are in any other manner germane to the affairs of the LLC; (c) the Persons who are authorized to execute and deliver any instrument or document of the LLC; or (d) any other matter whatsoever involving the LLC.
Sample 1
Right to Rely on Managers. (a) Any person dealing with the Company may rely (without duty of further inquiry) upon a certificate signed by one or more of the Managers as to: (i) The identity of the Manager(s) or any Member; (ii) The existence or nonexistence of any facts that constitute a condition precedent to acts by the Manager(s) or which are in any other manner germane to the affairs of the Company; (iii) The persons who are authorized to execute and deliver any instrument or document of the Company; or (iv) Any act or failure to act by the Company or any other matter whatsoever involving the Company or any Member. (b) Subject to Section 5.5, the signature of at least one of the Managers shall be necessary and sufficient to convey title to any Property owned by the Company or to execute any promissory notes, trust deeds, mortgages or other instruments of hypothecation, and all of the Members agree that a copy of this Agreement may be shown to the appropriate parties in order to confirm the same, and further agree that the signature of the Manager shall be sufficient to effectuate this or any other provision of this Agreement. All of the Members hereby appoint the Managers as their attorneys-in-fact for the execution of any or all of the documents described in this Section 5.9(b).
Sample 1
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Right to Rely on Managers. Removal, Resignation and Vacancies
Sample 1

Related to Right to Rely on Managers

  • Right to Reject The Department reserves the right to accept or reject all proposals, or separable portions thereof, and to waive any minor irregularity, technicality, or omission if the Department determines that doing so shall serve the Department’s best interests. The Department may reject any proposal not submitted in the manner specified by the solicitation documents.

  • Right to Relocate Sublandlord may, at any time, relocate any of Subtenant’s Subleased Premises to another area of the Building in which such Subleased Premises are located (“New Premises”), provided the New Premises shall have, if possible, approximately the same rentable square footage of space; notwithstanding the foregoing, Sublandlord shall have the right to offer Subtenant New Premises with lesser square footage than the original Subleased Premises (but in no event lesser than 70% of the original Subleased Premises) if Sublandlord’s store size has been or is in the process of being reduced. Provided that Subtenant is open and operating at the applicable Subleased Premises at the time Sublandlord exercises the rights granted by this Section, Sublandlord agrees to pay all reasonable moving expenses incurred by Subtenant incident to such relocation and for improving the New Premises so that the New Premises are similar to the then existing Subleased Premises. Sublandlord shall provide Subtenant with at least sixty (60) days prior written notice before making such relocation demand. Subtenant shall cooperate with Sublandlord in all reasonable ways to facilitate the move and shall be responsible for moving all of its inventory and other goods to the New Premises. If Subtenant fails to so cooperate, Sublandlord shall be relieved of all responsibility for damage or injury to Subtenant or its property during such move, except as may be caused by Sublandlord’s actual negligence. Notwithstanding the foregoing, if the New Premises identified by Sublandlord is not acceptable to Subtenant, then Subtenant may elect to terminate this Sublease solely with respect to such Subleased Premises by written notice to Sublandlord within thirty (30) calendar days after receipt of Sublandlord’s written notice of such relocation, with such termination to be effective sixty (60) days after Subtenant’s election. Upon the completion of a relocation, the Rent shall be adjusted to reflect the actual square footage of the New Premises and the New Premises shall be deemed to have replaced the applicable Subleased Premises for all purposes under this Sublease.

  • Right to Re-enter In the event of any such default by Tenant, Landlord shall have the right, after terminating this Lease, to re-enter the Premises and remove all persons and property. Such property may be removed and stored in a public warehouse or elsewhere at the cost of and for the account of Tenant, and disposed of by Landlord in any manner permitted by law.

  • Right to Rescind You have the right to rescind this Agreement within three (3) business days of your receipt of this Agreement by contacting Starion at: 0-000-000-0000; xxxxxx@xxxxxxxxxxxxx.xxx; or P.O. Box 845, Middlebury, CT 06762.

  • Right to Relet If the Landlord elects to re-enter the Demised Premises as herein provided, or if it takes possession pursuant to legal proceedings or pursuant to any notice provided for by law, it may either terminate this Lease or it may from time to time without terminating this Lease make such alterations and repairs as are necessary in order to relet the Demised Premises or any part thereof for such term or terms (which may be for a term extending beyond the Term) and at such Rent and upon such other terms, covenants and conditions as the Landlord in its sole discretion considers advisable. Upon each such reletting all rent received by the Landlord from such reletting shall be applied first, to the payment of any indebtedness other than Rent due hereunder from the Tenant to the Landlord; second, to the payment of any costs and expenses of such reletting, including brokerage fees, and solicitor’s fees and of costs of such alterations and repairs; third, to the payment of Rent due and unpaid hereunder; and the residue, if any, shall be held by the Landlord and applied in payment of future rent as the same becomes due and payable hereunder. If such Rent received from such reletting during any month is less than that to be paid during that month by the Tenant hereunder, the Tenant shall pay any such deficiency which shall be calculated and paid monthly in advance on or before the first day of each and every month. No such re-entry or taking possession of the Demised Premises by the Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention is given to the Tenant. Notwithstanding any such reletting without termination the Landlord may at any time thereafter elect to terminate this Lease for such previous breach. If the Landlord at any time terminates this Lease for any breach, in addition to any other remedies it may have, it may recover from the Tenant all damages it incurs by reason of such breach, including the cost of recovering the Demised Premises, solicitor’s fees (on a solicitor and client basis) and including the worth at the time of such termination of the excess, if any, of the amount of Rent and charges equivalent to Rent required to be paid pursuant to this Lease for the remainder of the stated Term over the then reasonable rental value of the Demised Premises for the remainder of the stated Term, all of which amounts shall be immediately due and payable by the Tenant to the Landlord. In any events referred to in Section 11.1(e), in addition to any and all other rights, including the rights referred to in this Section and in Section 11.1(e), the full amount of the current month’s instalment of Additional Rent and any other payments required to be made monthly hereunder, together with the next three months instalments for Additional Rent, all of which shall be deemed to be accruing due on a day-to-day basis, shall immediately become due and payable as accelerated Rent, and the Landlord may immediately distrain for the same, together with any arrears then unpaid.

  • Right to Refuse to Cross Picket Lines (a) All employees covered by this Agreement shall have the right to refuse to cross a picket line arising out of a dispute as defined in the appropriate legislation. Any employees failing to report for duty shall be considered to be absent without pay. (b) Failure to cross a picket line encountered in carrying out the Employer's business shall not be considered a violation of this Agreement nor shall it be grounds for disciplinary action.

  • Right to Review TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSP, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSP, provided however, such modifications must be commercially available to PSP. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

  • Right to Refuse Employees have the right to refuse to undergo drug and alcohol testing. If an employee refuses to undergo drug or alcohol testing requested or required by the Employer, no such test shall be given.

  • Right to Organize Teachers shall have the right to self-organization for mutual protection, to form, join or assist the organization or refrain from such activity, and to bargain collectively through representatives of their own choosing.

  • Right to Reject Investment In contrast, we have the right to reject your subscription for any reason or for no reason, in our sole discretion. If we reject your subscription, any money you have given us will be returned to you.

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