Certain Provisions of the Act Superseded. The provisions of this Agreement regarding allocations and distributions among the Members are intended to and should, to the fullest extent permitted by law, supersede the provisions of the Act regarding allocations and distributions.
Appears in 2 contracts
Samples: Operating Agreement (Rouge Industries Inc), Operating Agreement (Rouge Steel Co)
Certain Provisions of the Act Superseded. The provisions of this Agreement regarding allocations and distributions among the Members are intended to and should, to the fullest extent permitted by law, supersede the provisions of the Act regarding allocations and distributions.. POWER, AUTHORITY, RIGHTS, DUTIES AND OBLIGATIONS OF THE MANAGER
Appears in 1 contract
Samples: Limited Liability Company Agreement (M I Schottenstein Homes Inc)
Certain Provisions of the Act Superseded. The provisions of this Agreement regarding allocations and distributions among the Members are intended to and should, to the fullest extent permitted by law, supersede the provisions of the Act regarding allocations and distributions.. ARTICLE V POWER, AUTHORITY, RIGHTS, DUTIES AND OBLIGATIONS OF THE MANAGERS AND THE EXECUTIVE MANAGER
Appears in 1 contract
Samples: Operating Agreement (Rouge Steel Co)