Common use of No Individual Authority Clause in Contracts

No Individual Authority. No Member shall have any authority to act for, or to undertake or assume any obligation, debt, duty or responsibility on behalf of, any other Member or the Company.

Appears in 4 contracts

Samples: Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Capital Corp)

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No Individual Authority. No Member Member, acting alone, shall have any authority to act for, or to undertake undertake, or assume any obligation, debt, duty duty, or responsibility on behalf of, any other Member or of the Company. However, and subject to the terms regarding management of the Company, a member may obligate the Company.

Appears in 2 contracts

Samples: Operating Agreement (American Restaurant Concepts Inc), Contribution Agreement (American Restaurant Concepts Inc)

No Individual Authority. No Member acting alone shall have any authority to act for, or to undertake undertake, or assume any obligation, debt, duty obligations or responsibility on behalf of, any of the other Member Members or the Company.

Appears in 2 contracts

Samples: Operating Agreement (Prudential Insurance Co of America), Operating Agreement (Prudential Insurance Co of America)

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No Individual Authority. No Member shall have any authority to act for, or to undertake or assume assume, any obligationobligations, debt, duty or responsibility on behalf of, the Company or any other Member or of the Company. Except as otherwise set forth herein, no Member shall have any right to participate in the management of the business and affairs of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Phone1globalwide Inc)

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