Admission of the Company Sample Clauses

Admission of the Company. The Company wishes to be admitted as a Class 1 Member in Iridium and agrees to be bound by all of the applicable provisions of the Limited Liability Company Agreement of Iridium LLC, dated as of July 29, 1996, as amended (the "LLC Agreement"). Prior to the first issuance of any Class 1 Interests hereunder, the Company will execute and deliver a counterpart of the LLC Agreement in substantially the form set forth in Annex A hereto. This Agreement constitutes the Company's written request that Iridium's Members' Interest Register be amended to reflect the Company's admission as a Member and Iridium agrees that its Members' Interest Register will be so amended, and the Company will be admitted as a Member in Iridium, on the date of the issuance of the Firm Interests hereunder.
Sample 1
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Admission of the Company. The Company wishes to be admitted as a General Partner in ORBCOMM and agrees to be bound by all of the applicable provisions of the Partnership Agreement. Prior to the first issuance of any Units hereunder, the Company will execute and deliver a counterpart of the Partnership Agreement in substantially the form set forth in Annex A hereto. This Agreement constitutes the Company's written request that ORBCOMM's Partnership Unit Register be amended to reflect the Company's admission as a General Partner and ORBCOMM agrees that its Partnership Unit Register will be so amended, and the Company will be admitted as a General Partner in ORBCOMM, on the date of the issuance of the Firm Units hereunder.
Sample 1
Admission of the Company. The Company wishes to be admitted as a Class 1 Member in Iridium and agrees to be bound by all of the applicable provisions of the LLC Agreement. Prior to the first issuance of any Class 1 Interests hereunder, the Company will execute and deliver a counterpart of the LLC Agreement in substantially the form set forth in Annex A hereto. This Agreement constitutes the Company's written request that Iridium's Members' Interest Register be amended to reflect the Company's admission as a Member and Iridium agrees that its Members' Interest Register will be so amended, and the Company will be admitted as a Member in Iridium, on the date of the issuance of the Firm Interests hereunder.
Sample 1

Related to Admission of the Company

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Operation of the Company Each Party agrees to take all actions necessary to ensure that the Company shall be operated in accordance with the terms of this Agreement and the other Transaction Agreements, including, without limitation, to vote all Securities held by it (and to cause all Securities held by any of its Affiliates and permitted transferees under Section 13 to be voted) to effect the terms hereof.

  • Acquisition of the Company Upon the closing of any Acquisition the successor entity shall assume the obligations of this Warrant, and this Warrant shall be exercisable for the same securities, cash, and property as would be payable for the Shares issuable upon exercise of the unexercised portion of this Warrant as if such Shares were outstanding on the record date for

  • Representation of the Company The Company hereby acknowledges that the status of the Escrow Agent with respect to the offering of the Shares is that of agent only for the limited purposes herein set forth, and hereby agrees it will not represent or imply that the Escrow Agent, by serving as the Escrow Agent hereunder or otherwise, has investigated the desirability or advisability of an investment in the Shares, or has approved, endorsed or passed upon the merits of the Shares, nor shall the Company use the name of the Escrow Agent in any manner whatsoever in connection with the offer or sale of the Shares, other than by acknowledgement that it has agreed to serve as Escrow Agent for the limited purposes herein set forth.

  • Organization of the Company The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada.

  • Dissolution of the Company The Company shall be dissolved upon the happening of any of the following events, whichever shall first occur:

  • DURATION OF THE COMPANY The Company shall continue in perpetuity unless terminated sooner by operation of law or by decision of the Member.

  • Corporate Organization of the Company (a) The Company has been duly incorporated, is validly existing and in good standing under the Laws of the State of Delaware and has the requisite power and authority to own, lease and operate its assets and properties and to conduct its business as it is now being conducted. The certificate of incorporation and by-laws of the Company previously made available by the Company to Acquiror are true, correct and complete and are in effect as of the date of this Agreement.

  • Reorganization of the Company The existence of this Award Agreement shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Restricted Stock or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

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