Power of Members. The Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the express terms of this Agreement and the Delaware Act. Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 13 contracts
Sources: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement (Great Elm Capital Corp.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Power of Members. The Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the express terms of this Agreement and the Delaware Act. Except ; provided, however, that except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 2 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Forterra, Inc.)
Power of Members. The Subject to Section 8.01 and Section 4.12, the Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the express terms of this Agreement and the Delaware Act. Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (ContextLogic Inc.), Limited Liability Company Agreement (ContextLogic Inc.)
Power of Members. The Subject to Section 2.01(b), Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the express terms of this Agreement and the Delaware Act. Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member, in its capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (ATN International, Inc.)
Power of Members. The Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the express terms of this Agreement and the Delaware Act. Except as otherwise specifically provided by this Agreement or required by the Delaware Act, no Member, in its their capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Village Farms International, Inc.)
Power of Members. The Members shall have the power to exercise any and all rights or powers granted to Members pursuant to the Delaware Act subject to the express terms of this Agreement and the Delaware ActAgreement. Except as otherwise specifically provided by in Section 6.01 or otherwise in this Agreement or required by the Delaware Act, no Member, in its their capacity as a Member, shall have the power to act for or on behalf of, or to bind, the Company.
Appears in 1 contract
Sources: Subscription Agreement
Power of Members. The Members Each Member shall have the power to exercise do any and all rights acts necessary or powers granted convenient to Members pursuant or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members under the laws of the State of Delaware. Each Member is authorized to the express terms of this Agreement execute and the Delaware Act. Except as otherwise specifically provided by this Agreement deliver any instrument or required by the Delaware Act, no Member, in its capacity as a Member, shall have the power to act for or document on behalf of, or to bind, of the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Warner Bros. Discovery, Inc.)