Common use of Agency Authority of Managers or Officers Clause in Contracts

Agency Authority of Managers or Officers. The Board of Managers may authorize any Manager or officer to endorse checks, drafts, and other evidences of Indebtedness made payable to the order of the Company (but only for the purpose of deposit Table of Contents into the Company’s accounts) or to sign contracts and obligations on behalf of the Company, in each case, to the same extent the Board of Managers could do the same under this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)

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Agency Authority of Managers or Officers. The Board of Managers may authorize any Manager or officer to endorse checks, drafts, and other evidences of Indebtedness made payable to the order of the Company (but only for the purpose of deposit Table of Contents into the Company’s 's accounts) or to sign contracts and obligations on behalf of the Company, in . Exxxx Xxxxx is hereby authorized to enter into each case, to of the same extent Transaction Documents on behalf of the Board of Managers could do the same under this AgreementCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Euroseas Ltd.)

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Agency Authority of Managers or Officers. The Board of Managers may authorize any Manager or officer to endorse checks, drafts, and other evidences of Indebtedness indebtedness made payable to the order of the Company (but only for the purpose of deposit Table of Contents into the Company’s accounts) or to sign contracts and obligations on behalf of the Company, in each case, to the same extent the Board of Managers could do the same under this Agreement.

Appears in 1 contract

Samples: Operating Agreement

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