Common use of Nature of Rights and Obligations Clause in Contracts

Nature of Rights and Obligations. Except as otherwise expressly provided herein, nothing contained in this Operating Agreement shall be deemed to constitute a Member an agent or legal representative of the other Members. A Member shall not have any authority to act for, or to assume any obligation or responsibility on behalf of, any other Member or the Company.

Appears in 3 contracts

Samples: Operating Agreement (Quokka Sports Inc), Operating Agreement (First Consulting Group Inc), Operating Agreement (Tivoli Industries Inc)

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Nature of Rights and Obligations. Except as otherwise expressly provided herein, nothing contained in this Operating Agreement shall be deemed to constitute a Member an agent or legal representative of the other Members. A Member shall not have any authority to act for, or to assume any obligation or responsibility on behalf of, any other Member or the Company.. ~ 8 ~ Table of contents

Appears in 1 contract

Samples: Operating Agreement (Broadvision Inc)

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Nature of Rights and Obligations. Except as otherwise expressly provided herein, nothing contained in this Operating Agreement shall be deemed to constitute a Member an agent or legal representative of the other Members. A Member shall not have any authority to act for, or to assume any obligation or responsibility on behalf of, any other Member or the Company.

Appears in 1 contract

Samples: Operating Agreement (Comstock Holding Companies, Inc.)

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