Authority to Bind the Company Sample Clauses

Authority to Bind the Company. Unless authorized in writing to do so by this Agreement or by a Manager, neither the Sole Member nor an agent or employee of the Company shall have any power or authority to bind the Company in any way, to pledge its credit, or to render it liable for any purpose. The Manager, without the written consent of the Sole Member, shall not file or cause to be filed any action in bankruptcy involving the Company.
AutoNDA by SimpleDocs
Authority to Bind the Company. The Company represents and warrants that the undersigned representative of the Company has the authority of the Board to bind the Company to the terms of this Agreement.
Authority to Bind the Company. Unless authorized to do so by this Agreement or by the chief executive officer, no Member, agent, or employee of the Company shall have any power or authority to bind the Company in any way, to pledge its credit or to render it liable for any purpose. The chief executive officer may act, however, by a duly authorized attorney-in-fact.
Authority to Bind the Company. Unless the Members otherwise agree, no agreement, undertaking, instrument, written obligation, certificate or other commitment shall be made by or on behalf of the Company unless made in an instrument signed by the Manager.
Authority to Bind the Company. Nothing herein shall imply that the Consultant is either an employee or agent of the Company, except to such an extent as might be agreed upon in writing for a specified purpose. Except as expressly agreed, the Consultant shall not have the authority to obligate or commit the Company in any manner whatsoever.
Authority to Bind the Company. The Management Committee shall have full and complete authority, power and discretion to manage and control the business, affairs and properties of the Company, to make all determinations regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Company's business except for matters expressly reserved to the determination of the Members elsewhere in this Company Agreement, including, but not limited to, the matters set forth in Section 6.3.
Authority to Bind the Company. Except as provided in or pursuant to Sections 1 and 8 hereof, the Investment Manager shall have no authority to bind or obligate the Company. All acts of the Investment Manager (other than as provided in the Swap Agreement, the Operating Agreement or in Sections 1 or 8 hereof with respect to the Swap Agreement) shall require the Company’s consent and approval to bind the Company. Nothing in this Agreement shall be deemed to create a joint venture or partnership between the parties with respect to the arrangements set forth in this Agreement. For all purposes hereof, the Investment Manager shall be deemed to be an independent contractor and, unless otherwise provided herein or specifically authorized by the Company from time to time, shall have no authority to act for or represent the Company.
AutoNDA by SimpleDocs
Authority to Bind the Company. Schedule 4.25 sets forth each employee and sales representative of the Company who has the authority to bind the Company in connection with price quotations or acceptance of orders for the Company’s goods.
Authority to Bind the Company. Subject to the other terms of this Agreement, the Board shall have the sole power and authority to bind the Company and no Member shall have any authority to bind the Company. In furtherance thereof, all contracts, agreements and other documents or instruments affecting or relating to the business and affairs of the Company may be executed on the Company’s behalf only by a Manager or a duly authorized officer appointed by the Board pursuant to Section 3.2 hereof (provided in each case that the requisite Board approval with respect thereto has been secured in accordance with this Agreement).
Authority to Bind the Company. The Manager or its designee shall have the right to bind the Company and to execute documents on the Company’s behalf. In addition to the specific rights and powers herein granted to the Manager, the Manager shall, subject to the limitations set forth in this Agreement, possess and enjoy and exercise all of the other rights and powers of Managers under the Act or granted by the law of any other jurisdiction in which the Company may do business. In addition, no Member other than the Manager may bind the Company and execute documents on the Company’s behalf without the prior written approval of the Manager.
Time is Money Join Law Insider Premium to draft better contracts faster.