Common use of Election of Officers; Delegation of Authority Clause in Contracts

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Jukebox Hits Vol. 1 LLC), Limited Liability Company Agreement (Jukebox Hits Vol. 1 LLC), Limited Liability Company Agreement (Glimpse Group, Inc.)

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Election of Officers; Delegation of Authority. The Sole Member may, from time to time, designate one or more officers with such titles as may be designated by the Sole Member to act in the name of the Company with such authority as may be delegated to such officers by the Sole Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Sole Member. Any action taken by an Officer designated by the Sole Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Calumet North Dakota, LLC), Limited Liability Company Agreement (Calumet North Dakota, LLC), Limited Liability Company Agreement (Royal Purple, LLC)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an "Officer"). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)

Election of Officers; Delegation of Authority. The Member Manager may, from time to time, designate one or more officers with such titles as may be designated by the Member Manager to act in the name of the Company with such authority as may be delegated to such officers by the Member Manager (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the MemberManager. Any action taken by an Officer designated by the Member Manager pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Liability Company Operating Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Liability Company Agreement (RedCo Group, Inc.)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company LLC with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the CompanyLLC. Persons dealing with the Company LLC are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him him, her or herit.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Contribution Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

Election of Officers; Delegation of Authority. The Member Manager may, from time to time, designate one or more officers with such titles as may be designated by the Member Manager to act in the name of the Company with such authority as may be delegated to such officers by the Member Manager (each such designated person, an "Officer"). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the MemberManager. Any action taken by an Officer designated by the Member Manager pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (RedCo Group, Inc.), Limited Liability Company Agreement (Molina Healthcare Inc)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer Officer and the authority delegated to him or her.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (T. Rowe Price OHA Private Credit Fund), Limited Liability Company Agreement (Resolute Energy Corp)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her. The current Officers of the Company are Axxxxx X. Xxxxxxx, III, Chairman and Chief Executive Officer and Pxxxx X. Xxxxxxxx, Vice President and Chief Financial Officer.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Urban One, Inc.)

Election of Officers; Delegation of Authority. The Member Manager may, from time to time, designate one or more officers with such those titles as may be designated by the Member Manager to act in the Company’s name of the Company with such that authority as may be delegated to such those officers by the Member Manager (each such designated person, an “Officer”). Any such Officer shall act pursuant to such in accordance with the delegated authority until such the Officer is removed by the MemberManager. Any action taken by an Officer designated by the Member pursuant to Manager in accordance with the authority delegated to such the Officer shall constitute constitutes the act of and serve serves to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer the Officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CSI Compressco Field Services International LLC)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”)Member. Any such Officer officer shall act pursuant to such delegated authority until such Officer officer is removed by the Member. Any action taken by an Officer officer designated by the Member pursuant to authority delegated to such Officer officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her. The individuals serving as officers of the Company immediately prior to the adoption of this Agreement shall continue to serve as such and with the same responsibilities until otherwise determined by the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Eclipse Resources-Ohio, LLC)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an "Officer"). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer Officer and the authority delegated to him or hersuch Officer.

Appears in 1 contract

Samples: Operating Agreement

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Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (( each such designated person, an "Officer"). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.. 5.f. LLC Agreement - Pl LLC (2016) 2

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rowan N-Class (Gibraltar) LTD)

Election of Officers; Delegation of Authority. The Member Manager may, from time to time, designate one or more officers with such titles as may be designated by the Member Manager to act in the name of the Company with such authority as may be delegated to such officers by the Member Manager (each such designated person, an "Officer"). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Manager or the Member. Any action taken by an Officer designated by the Member Manager pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer Officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Equity Exchange Agreement (Daybreak Oil & Gas, Inc.)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Limited Liability Company Agreement (InfraREIT, Inc.)

Election of Officers; Delegation of Authority. The Member Members may, from time to time, designate one or more officers with such titles as may be designated by the Member Members to act in the name of the Company with such authority as may be delegated to such officers by the Member Members (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the MemberMembers. Any action taken by an Officer designated by the Member Members pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer Officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Benefit Holding, Inc.)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company LLC with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the CompanyLLC. Persons dealing with the Company LLC are entitled to rely conclusively on the power and authority of any officer set forth in this Agreement and any instrument designating such officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

Election of Officers; Delegation of Authority. The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”). Any such Officer shall act pursuant to such delegated authority until such the Officer is removed by the Member. Any action taken by an Officer designated by the Member pursuant to authority delegated to such Officer shall constitute the act of and serve to bind the Company. Persons dealing with the Company are entitled to rely conclusively on the power and authority of any officer Officer set forth in this Agreement and any instrument designating such officer Officer and the authority delegated to him or her.

Appears in 1 contract

Samples: Limited Liability Company Agreement (A.W. Realty Company, LLC)

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