Common use of Effect of LLC Act Clause in Contracts

Effect of LLC Act. Except as otherwise provided in this Agreement or by law, the business and internal affairs of ACQUISITION shall be governed by the LLC Act, as amended from time to time.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hughes MRO, Ltd.), Limited Liability Company Agreement (Hughes Water & Sewer, LTD)

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Effect of LLC Act. Except as otherwise provided in this Agreement or by lawAgreement, the business and internal affairs of ACQUISITION the LLC shall be governed by the LLC Act, Act as in effect on the Effective Date (as defined in Section 2) and as amended thereafter from time to time.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, seniorlegalnews.com

Effect of LLC Act. Except as otherwise provided in this Agreement or by lawAgreement, the business and internal affairs of ACQUISITION the LLC shall be governed by the LLC Act, Act as in effect on the Effective Date (as defined in Section 2.1) and as amended thereafter from time to time.

Appears in 1 contract

Samples: Operating Agreement

Effect of LLC Act. Except as otherwise provided in this Agreement or by law, the business and internal affairs of ACQUISITION FUNDING shall be governed by the LLC Act, as amended from time to time.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hughes MRO, Ltd.)

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Effect of LLC Act. Except as otherwise provided in this Agreement or by applicable law, the business and internal affairs of ACQUISITION the LLC shall be governed by the LLC Act, Act as amended in effect from time to time.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Diversified Energy LLC)

Effect of LLC Act. Except as otherwise provided in this Agreement or by law, the business and internal affairs of ACQUISITION the LLC shall be governed by the LLC Act, Act as amended from time to timein effect on the Effective Date.

Appears in 1 contract

Samples: Operating Agreement

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