Common use of Members Have No Managerial Authority Clause in Contracts

Members Have No Managerial Authority. Except as expressly authorized by this Article 5 or as expressly required under the Act, no Member shall otherwise have the right, power, or authority to participate in the management of the Company. Unless expressly and duly authorized in writing to do so by a Manager or Managers, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, or to render it liable for any purpose.

Members Have No Managerial Authority. Except as expressly authorized by this Article 5 or as expressly required under The Members (other than the Act, Manager) shall have no Member shall otherwise have the right, power, or authority power to participate in the management of the CompanyCompany except as expressly required by the Act. Unless expressly and duly authorized in writing to do so by a Manager or Managersthe Board, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, or to render it liable for any purpose.

Members Have No Managerial Authority. Except as expressly authorized by this Article 5 or as expressly required under the Act, The Members shall have no Member shall otherwise have the right, power, or authority power to participate in the management of the CompanyCompany except as expressly authorized by this Agreement or the Articles and except as expressly required by the Act. Unless expressly and duly authorized in writing to do so by a Manager or Managersthe Manager, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, or to render it liable for any purpose.

Members Have No Managerial Authority. Except The Members, as expressly authorized by this Article 5 or as expressly required under the Actsuch, shall have no Member shall otherwise have the right, power, or authority power to participate in the management of the CompanyCompany except as expressly authorized by this Agreement or the Articles and except as and to the extent expressly required by the Act notwithstanding this Agreement. Unless expressly and duly authorized in writing to do so by a Manager or Managersthe Directors, no Member Member, as such, shall have any power or authority to sign for, bind or act on behalf of the Company in any way, to pledge its the Company's credit, or to render it the Company liable for any purpose.

Members Have No Managerial Authority. Except The Members shall have no power to participate in the management of the Company except as expressly authorized by this Article 5 Agreement or the Articles and except as expressly required under by the Act. No Member, no Member shall otherwise have the rightacting solely in such capacity, power, or authority to participate in the management is an agent of the Company. Unless expressly and duly authorized in writing to do so by a Manager or Managers, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf or to render it liable for any purpose.

Members Have No Managerial Authority. Except as expressly authorized by this Article 5 or as expressly required under the Act, The Members shall have no Member shall otherwise have the right, power, or authority power to participate in the management of the CompanyCompany except as expressly authorized by this Agreement or the Certificate of Formation and except as expressly required by the Act. Unless expressly and duly authorized in writing to do so by a Manager the Managers or Managersby this Agreement, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, or to render it liable for any purpose.

Members Have No Managerial Authority. Except The Members shall have no power to participate in the management of the Company except as expressly authorized by this Article 5 Agreement or the Articles and except as expressly required under by the Act. No Member, no Member shall otherwise have the rightacting solely in such capacity, power, or authority to participate in the management is an agent of the Company. Unless expressly and duly authorized in writing to do so by a Manager or Managers, no Member shall have any power or authority to bind or act on behalf of the Company in any way, to pledge its credit, to execute any instrument on its behalf, or to render it liable for any purpose.