Common use of Authority to Bind Company Clause in Contracts

Authority to Bind Company. Except as authorized in writing by the Managing Board, none of the Members shall have the right or authority to act for or bind the Company.

Authority to Bind Company. Except as authorized in writing by the Managing Board, none of the Members No Member shall have the right or authority to act for or bind the Company, or otherwise act on its behalf, without the prior written authorization of a Manager.