Common use of Powers of Members Clause in Contracts

Powers of Members. Members shall not have the authority to transact any business in the Company’s name or bind the Company by virtue of their status as Members.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Montana Technologies Corp.), Limited Liability Company Agreement, Limited Liability Company Operating Agreement (Jacob Leinenkugel Brewing Co., LLC)

AutoNDA by SimpleDocs

Powers of Members. The Members are not agents of the Company and shall not have the authority to transact any business in the Company’s name or bind the Company by virtue of their status as Members.

Appears in 2 contracts

Samples: Operating Agreement (Jacob Leinenkugel Brewing Co., LLC), Operating Agreement (Jacob Leinenkugel Brewing Co., LLC)

Powers of Members. (a) Members shall not have the authority to transact any business in the Company’s name or bind the Company by virtue of their status as Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Realnetworks Inc)

AutoNDA by SimpleDocs

Powers of Members. Members shall not have the authority to transact any business in the Company’s name or bind the Company by virtue of their status as Members. Members shall have those rights and powers granted to Members pursuant to this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Barnes & Noble Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.