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

Election of Officers; Delegation of Authority. The sole member hereby designates Xxxxx X. Xxxxx as the President of the Company and each of Xxxx X. Xxxxxxxxx and Xxxxxxx X. Xxxxx as Vice Presidents of the Company. The President shall execute all resolutions and authorizations, as well as bonds, mortgages and all other contracts of the Company, and shall perform all such other duties as are incident to his office. In case of the absence or disability of the President, his duties shall be performed by a Vice President. The sole member may designate one or more additional 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 officer(s) by the sole member. Each officer shall act pursuant to his delegated authority until such officer is removed by the sole member. Any action taken by an officer designated by the sole member shall constitute the act of and serve to bind the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC), Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC), Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

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Election of Officers; Delegation of Authority. The sole member hereby designates Xxxxx X. Xxxxx as the President of the Company and each of Xxxx X. Xxxxxxxxx and Xxxxxxx X. Xxxxx as Vice Presidents President of the Company. The President shall execute all resolutions and authorizations, as well as bonds, mortgages and all other contracts of the Company, and shall perform all such other duties as are incident to his office. In case of the absence or disability of the President, his duties shall be performed by a Vice President. The sole member may designate one or more additional 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 officer(s) by the sole member. Each officer shall act pursuant to his delegated authority until such officer is removed by the sole member. Any action taken by an officer designated by the sole member shall constitute the act of and serve to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

Election of Officers; Delegation of Authority. The sole member hereby designates Xxxxx X. Xxxxx as the President of the Company and each of Xxxx X. Xxxxxxxxx and Xxxxxxx X. Xxxxx as Vice Presidents of the Company. The President shall execute all resolutions and authorizations, as well as bonds, mortgages and all other contracts of the Company, and shall perform all such other duties as are incident to his office. In case of the absence or disability of the President, his duties shall be performed by a Vice President. The sole member may designate one or more additional 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 officer(s) by the sole member. Each officer shall act pursuant to his delegated authority until such officer is removed by the sole member. Any action taken by an officer designated by the sole member shall constitute the act of and serve to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

Election of Officers; Delegation of Authority. The sole member hereby designates Xxxxx X. E, Xxxxx as the President of the Company and each of Xxxx X. Xxxxxxxxx and Xxxxxxx X. Xxxxx as Vice Presidents of the Company. The President shall execute all resolutions and authorizations, as well as bonds, mortgages and all other contracts of the Company, and shall perform all such other duties as are incident to his office. In case of the absence or disability of the President, his duties shall be performed by a Vice President. The sole member may designate one or more additional 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 officer(s) by the sole member. Each officer shall act pursuant to his delegated authority until such officer is removed by the sole member. Any action taken by an officer designated by the sole member shall constitute the act of and serve to bind the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

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Election of Officers; Delegation of Authority. The sole member Manager hereby designates Xxxxx X. Xxxxx as the President of the Company and each of Company, Xxxx X. Xxxxxxxxx and Xxxxxxx X. Xxxxx as Vice Presidents President and Xxxxx Xxxxxxxxx as Secretary of the Company. The President shall execute all resolutions and authorizations, authorizations as well as bonds, mortgages and all other contracts of the Company, and shall perform all such other duties as are incident to his office. In the case of the absence or disability of the President, his duties shall be performed by a Vice President. The sole member Manager may designate one or more additional officers with such titles as may be designated by the sole member Manager to act in the name of the Company with such authority as may be delegated to such officer(s) by the sole memberManager. Each officer shall act pursuant to his delegated authority until such officer officer(s) is removed by the sole memberManager. Any action taken by an officer designated by the sole member Manager shall constitute the act acts of and serve to bind the Company.

Appears in 1 contract

Samples: Operating Agreement (Atlantic Power Corp)

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