Common use of Power to Bind Company Clause in Contracts

Power to Bind Company. None of the Managers (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 51 contracts

Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (Biolectron, Inc.)

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Power to Bind Company. None of the Managers (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter (including, without limitation, transferring or affecting the Company’s interest in real property) unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CDW Government LLC), Limited Liability Company Agreement (CDW Finance Corp), Limited Liability Company Agreement (CDW Finance Corp)

Power to Bind Company. None of the Managers (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless the Board of Managers shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (JGWPT Holdings Inc.), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)

Power to Bind Company. None of the Managers Directors (acting in their capacity as such) shall will have authority to bind the Company to any third party with respect to any matter unless the Board shall will have approved such matter and authorized such Manager(sDirector(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ford Motor Credit Co LLC)

Power to Bind Company. None of the Managers (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect to thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dictionary.com, LLC)

Power to Bind Company. None of the Managers Directors (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(sDirector(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company (Wisconsin Gas LLC)

Power to Bind Company. None of the Managers (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rev Holdings Inc)

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Power to Bind Company. None of the Managers (acting in their capacity as such) shall have any authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TRAC Intermodal LLC)

Power to Bind Company. None of the Managers Directors (acting in their capacity as such) shall have authority to bind the Company to any third party with respect to any matter unless unless, subject to Section 5.1, the Board shall have approved such matter and authorized such Manager(sDirector(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Operating Agreement (Constellation Energy Group Inc)

Power to Bind Company. None of the Managers (acting in their capacity as such) shall have has authority to bind the Company to any third party with respect to any matter unless the Board shall have of Managers has approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)

Power to Bind Company. None of the Managers (acting in their capacity as such) shall individually have authority to bind the Company to any third party with respect to any matter unless the Board shall have approved such matter and authorized such Manager(s) to bind the Company with respect thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NCR Atleos, LLC)

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