Common use of Officers and Agents Clause in Contracts

Officers and Agents. The Sole Member shall have the power to appoint agents (who may be referred to as officers) to act for the Company with such titles, if any, as the Sole Member deems appropriate and to delegate to such officers or agents such of the powers as are granted to the Sole Member hereunder; provided, however, that no such delegation by the Sole Member shall cause the Sole Member to cease to be the “manager” of the Company within the meaning of the Act. The signature of the Sole Member or any executive officer of the Sole Member shall be sufficient to bind the Company to any agreement or on any document, including, but not limited to, documents drawn or agreements made in connection with the acquisition, financing or disposition of any assets as shall have been approved by the Sole Member.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC), Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC), Limited Liability Company Operating Agreement (Coffeyville Resources Refining & Marketing, LLC)

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