Lack of Authority. Except as otherwise provided herein, the Member shall not have the authority or power to act for or on behalf of or bind the Company or to incur any expenditures on behalf of the Company.
Appears in 9 contracts
Samples: Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC)
Lack of Authority. Except as otherwise provided herein, the No Member shall not have the authority or power in his, her or its capacity as a Member, without more, to act for or on behalf of or bind the Company, to do any act that would be binding on the Company or to incur any expenditures expenditure on behalf of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (Capital Southwest Corp), Limited Liability Company Operating Agreement, Limited Liability Company Agreement (KCAP Financial, Inc.)
Lack of Authority. Except as otherwise provided herein, the No Member shall not have the authority or power in his, her or its capacity as a Member, without more, to act for or on behalf of or bind the Company, to do any act that would be binding on the Company or to incur any expenditures on behalf of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (Bluerock Institutional High Income Credit Fund), Limited Liability Company Operating Agreement (EP Income Co LLC), Limited Liability Company Operating Agreement (Eagle Point Credit Co LLC)
Lack of Authority. Except as otherwise specifically provided herein, the no Member shall not have or Representative has the authority or power to act for or on behalf of or bind the Company Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company.
Appears in 3 contracts
Samples: Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc)
Lack of Authority. Except as otherwise specifically provided herein, none of the Member Members, in such capacity, shall not have the authority or power to act for or on behalf of or bind the Company Company, to do any act that would be binding on the Company, or to incur any expenditures obligations or liabilities on behalf of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Hasbro Inc), Limited Liability Company Agreement (Hasbro Inc), Limited Liability Company Agreement (Hasbro Inc)
Lack of Authority. Except The Member in its capacity as otherwise provided herein, the a Member shall not have the authority or any power to represent, act for, sign for or on behalf of or bind the Company or to incur make any expenditures on behalf of the CompanyCompany and the Member hereby consents to the exercise by the Board and officers of the Company of the powers conferred on them by law and this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Atlas Energy Resources, LLC), Operating Agreement (Atlas America Public #15-2005 Program)
Lack of Authority. Except A Member in his, her or its capacity as otherwise provided herein, the Member such shall not have the authority or power to act for or on behalf of the Company or otherwise bind the Company or to incur in any expenditures on behalf of the Companyway.
Appears in 1 contract
Lack of Authority. Except A Member in his, her or its capacity as otherwise provided herein, the Member such shall not have the authority authority. or power to act for or on behalf of the Company or otherwise bind the Company or to incur in any expenditures on behalf of the Companyway.
Appears in 1 contract
Samples: Operating Agreement (Ryerson International Material Management Services, Inc.)
Lack of Authority. Except as otherwise provided herein, the No Member shall not have has the authority or power to act for or on behalf of or bind the Company, to do any acts that would be binding on the Company or 12 to incur any expenditures on behalf of the Company, without the express written authorization of a Majority in Interest of the Members.
Appears in 1 contract
Samples: Operating Agreement (Texas San Macros Treatment Center Lp)
Lack of Authority. Except No Member, in his, her, or its capacity as otherwise provided hereinsuch, the Member shall not have the authority or power to act for or on behalf of or bind the Company Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
