Binding Effect; Conflicts. Subject to the provisions of this Agreement relating to transferability, this Agreement will be binding upon and inure to the benefit of the Members and their respective distributees, successors and assigns. This Agreement is subject to, and governed by, the Law and the Certificate. In the event of a direct conflict between the provisions of this Agreement and the mandatory provisions of the Law or the provisions of the Certificate, the provisions of the Law or the Certificate, as the case may be, will be controlling.
Appears in 3 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)
Binding Effect; Conflicts. Subject to the provisions of this Agreement relating to transferability, this Agreement will be binding upon and inure to the benefit of the Members Members, and their respective distributees, successors and assigns. This Agreement is subject to, and governed by, the Law Act and the CertificateArticles. In the event of a direct conflict between the provisions of this Agreement and the mandatory provisions of the Law Act or the provisions of the CertificateArticles, the provisions of the Law Act or the CertificateArticles, as the case may be, will be controlling.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Manchester Mall Inc)
Binding Effect; Conflicts. Subject to the provisions of this Agreement relating to transferability, this Agreement will be binding upon and inure to the benefit of the Members Members, and their respective distributees, successors and assigns. This Agreement is subject to, and governed by, the Law Act and the CertificateArticles. In the event of a direct conflict between the provisions of this Agreement and the mandatory provisions of the Law Act or the provisions of the CertificateArticles, the provisions of the Law Act or the CertificateArticles, as the case may be, will be controlling.
Appears in 1 contract
Samples: Loan and Stock Purchase Agreement (Signature Leisure Inc)