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.
Appears in 12 contracts
Samples: Operating Agreement (DriveTime Ohio Company, LLC), Operating Agreement (DT Credit Company, LLC), Operating Agreement (DT Acceptance Corp)
Authority to Bind the Company. Unless authorized in writing to do so by this Agreement or by a Managerthe Managers, neither the Sole Member nor an no attorney-in-fact, employee or other agent or employee of the Company shall have any power or authority to bind the Company in any way, to pledge its credit, credit or to render it liable pecuniary for any purpose. The Manager, without No Member shall have any power or authority to bind the written consent Company unless the Member has been authorized by the Managers to act as an agent of the Sole Member, shall not file or cause to be filed any action in bankruptcy involving the Company.
Appears in 2 contracts
Samples: Company Agreement (Mortgage Assistance Center Corp), Company Agreement (Mortgage Assistance Center Corp)
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 ManagerManagers, without the written consent of the Sole Member, shall not file or cause to be filed any action in bankruptcy involving the Company.
Appears in 1 contract
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 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, 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.
Appears in 1 contract
