No Authority to Act. No Investor other than a Director shall have the power to represent, act for, sign for, or to bind the Fund. All authority to act on behalf of the Fund is vested in the Directors and as expressly delegated to the Management Committee, and the Investment Managers. The Investors consent to the exercise by the Directors of the powers conferred on them by law and this Agreement.
Appears in 5 contracts
Samples: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC)
No Authority to Act. No Investor other than a Director shall have the power to represent, act for, sign for, or to bind the Fund. All authority to act on behalf of the Fund is vested in the Directors and as expressly delegated to Directors, the Management Committee, Officers and the Investment ManagersManager. The Investors consent to the exercise by the Directors of the powers conferred on them by law and this Agreement.
Appears in 3 contracts
Samples: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC)
No Authority to Act. No Investor other than a Director shall have the power to represent, act for, sign for, or to bind the Fund. All authority to act on behalf of the Fund is vested in the Directors and as expressly delegated to the Management CommitteeDirectors, and the Investment ManagersManager. The Investors consent to the exercise by the Directors of the powers conferred on them by law and this Agreement.
Appears in 1 contract
Samples: Form of Operating Agreement (Vcvillage Com Opportunity Fund LLC)
No Authority to Act. No Investor other than a Director shall have the power to represent, act for, sign for, or to bind the Fund. All authority to act on behalf of the Fund is vested in the Directors and as expressly delegated to Directors, the Management Committee, Officers and the Investment Managers. The Investors consent to the exercise by the Directors of the powers conferred on them by law and this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Oxbow Fund LLC)
