Common use of Execution of Documents Clause in Contracts

Execution of Documents. All instruments executed and delivered on behalf of the Company, including, but not limited to, any note or other evidence of indebtedness, contract, lease agreement, security agreement, financing statement, management agreement or other instrument purporting to convey or encumber, in whole or in part, any or all of the assets of the Company or any rights with respect thereto, at any time held in its name, or any receipt or compromise or settlement agreement with respect to the accounts receivable and claims of the Company, shall be signed by (i) all of the Members of the Company, (ii) the Chief Executive Officer or the President of the Company, or (iii) a person, including an officer of the Company, expressly so authorized by the Members; without such signatures or signature, no such instrument shall be valid, binding or enforceable against the Company.

Execution of Documents. All instruments executed and delivered on behalf of the Company, including, but not limited to, any note or other evidence of indebtedness, contract, lease agreement, security agreement, financing statement, management agreement or other instrument purporting to convey or conveyor encumber, in whole or in part, any or all of the assets of the Company or any rights with respect thereto, at any time held in its name, or any receipt or compromise or settlement agreement with respect to the accounts receivable and claims of the Company, shall be signed by (i) all of the Members of the Company, (ii) the Chief Executive Officer or the President of the Company, or (iii) a person, including an officer of the Company, expressly so authorized by the Members; without such signatures or signature, no such instrument shall be valid, binding or enforceable against the Company.

Execution of Documents. All instruments executed and delivered on behalf of the Company, including, but not limited to, any note or other evidence of indebtedness, contract, lease agreement, security agreement, financing statement, management agreement or other instrument purporting to convey or encumber, encumber in whole or in part, any or all of the assets of the Company or any rights with respect thereto, at any time held in its name, or any receipt or compromise or settlement agreement with respect to the accounts receivable and claims of the Company, shall be signed by (i) all of the Members of the Company, (ii) the Chief Executive Officer or the President president of the Company, or (iii) a person, including an officer of the Company, expressly so authorized by the Members, the board of directors or the president; without such signatures or signature, no such instrument shall be valid, binding or enforceable against the Company.