Common use of Amendment of Certificate Clause in Contracts

Amendment of Certificate. (a) The Managing Member shall cause the Certificate to be amended and/or restated at such time or times, to such extent and in such manner as may be required by the Act. (b) The Managing Member, in its sole and absolute discretion, may cause the Certificate to be amended and/or restated in accordance with the principles set forth in Section 10.1, and any such amendment and/or restatement shall be effective immediately upon the filing of a certificate of amendment in the office of the Secretary of State of the State of Delaware or upon such future date as may be stated therein.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Strategies, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC)

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Amendment of Certificate. (a) The Managing Member shall cause the Certificate to be amended and/or restated at such time or times, to such extent and in such manner as may be required by the Act. (b) The Managing Member, in its sole and absolute discretion, may cause the Certificate theCertificate to be amended and/or restated in accordance with the principles set forth in Section 10.1, and any such amendment and/or restatement shall be effective immediately upon the filing of a certificate of amendment in the office of the Secretary of State of the State of Delaware or upon such future date as may be stated therein.

Appears in 1 contract

Samples: Operating Agreement (Secured Real Estate Income Fund II, LLC)

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