Management of Business. No Member, in its capacity as such, shall participate in the operation or management of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company by reason of being a Member.
Appears in 17 contracts
Samples: Limited Liability Company Agreement (LinnCo LLC), Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (LinnCo LLC)
Management of Business. No Member, in its capacity as such, shall participate in the operation or management of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company solely by reason of being a Member.
Appears in 10 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)
Management of Business. No Other than the Managing Member, no Member, in its capacity as such, shall participate in the operation operation, management or management control of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company by reason of being a MemberCompany.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Viper Energy Partners LP), Limited Liability Company Agreement (Sunpower Corp)
Management of Business. No Non-Managing Member, in its capacity as such, shall participate in the operation operation, management or management control of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company by reason of being a MemberCompany.
Appears in 5 contracts
Samples: Operating Agreement (Niska Gas Storage Partners LLC), Operating Agreement (EnLink Midstream, LLC), Operating Agreement (New Public Rangers, L.L.C.)
Management of Business. No Member, in its capacity as such, shall participate in the operation or management of the Company’s 's business, transact any business in the Company’s 's name or have the power to sign documents for or otherwise bind the Company by reason of being a Member.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Copano Energy, L.L.C.
Management of Business. No Member, in its capacity as such, shall participate in the operation operation, management or management control of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company by reason of being a MemberCompany.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Transocean Partners LLC), Operating Agreement (Seadrill Partners LLC)
Management of Business. No Non-Managing Member, in its capacity as such, shall participate in the operation operation, management or management control of the Company’s business, transact any business in the Company’s name name, or have the power to sign documents for or otherwise bind the Company by reason of being a MemberCompany.
Appears in 3 contracts
Samples: Operating Agreement (EnLink Midstream, LLC), Operating Agreement (EnLink Midstream Partners, LP), Operating Agreement (EnLink Midstream, LLC)
Management of Business. No Member, in its capacity as such, shall participate Member (other than the Manager) will take part in the operation or management control of the Company’s 's business, transact any business in the Company’s 's name or have the power to sign documents for or otherwise bind the Company by reason of being a Memberother than as specifically set forth in this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Perot Systems Corp), Operating Agreement (Perot Systems Corp)
Management of Business. No Member, Member (in its capacity as such, shall participate a Member) will take part in the operation or management control of the Company’s 's business, transact any business in the Company’s 's name or have the power to sign documents for or otherwise bind the Company by reason of being a Memberother than as specifically set forth in this Agreement.
Appears in 1 contract
Management of Business. No MemberMembers shall not, in its their capacity as such, shall participate in the operation or management of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company by reason of being a Member.
Appears in 1 contract
Management of Business. No Member, Member (in its capacity as such, shall participate a Member) will ---------------------- take part in the operation or management control of the Company’s 's business, transact any business in the Company’s 's name or have the power to sign documents for or otherwise bind the Company by reason of being a Memberother than as specifically set forth in this Agreement.
Appears in 1 contract
Management of Business. No MemberExcept as otherwise expressly provided herein, in its capacity as such, no Member shall participate take part in the operation operations, management or management control (within the meaning of the Act) of the Company’s business, transact any business in the Company’s name or have the power to sign documents for or otherwise bind the Company. The transaction of any Company business by reason the Board or any Company Personnel, in their capacity as such, shall not affect, impair or eliminate the limitations on the liability of being a Memberthe Members under this Agreement.
Appears in 1 contract
