Common use of Power to Bind the Company Clause in Contracts

Power to Bind the Company. No Manager (in such Person’s capacity as a Manager) has authority to bind the Company with respect to any matter except to the extent that a resolution duly adopted by the Board or the Unitholders expressly authorizes such authority.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Ardent Health Partners, LLC), Limited Liability Company Agreement (Ardent Health Partners, LLC)