Both Managers and Shareholders. A Shareholder may at the same time be a Manager and a Shareholder, or the Adviser and a Shareholder, in which event such Shareholder’s rights and obligations in each capacity shall be determined separately in accordance with the terms and provisions hereof and as provided in the Delaware Act.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Partners Group Private Equity (Master Fund), LLC), Limited Liability Company Agreement (Constitution Capital Access Fund, LLC), Limited Liability Company Agreement (Partners Group Private Income Opportunities, LLC)
Both Managers and Shareholders. A Shareholder may at the same time be a Manager and a Shareholder, or the Adviser and a Shareholder, in which event such Shareholder’s rights and obligations in each capacity shall be determined separately in accordance with the terms and provisions hereof and as provided in the Delaware PR Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC)
Both Managers and Shareholders. A Shareholder may at the same time be a Manager and a Shareholder, or the Adviser and a Shareholder, in which event such Shareholder’s 's rights and obligations in each capacity shall be determined separately in accordance with the terms and provisions hereof and as provided in the Delaware PR Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC)
