Formation and Business of the Company Sample Clauses

Formation and Business of the Company. 5 Section 2.01 Formation..........................................5 Section 2.02 Name...............................................5 Section 2.03 Principal Office...................................5 Section 2.04 Registered Agent and Registered Office.............5 Section 2.05 Purpose............................................6 Section 2.06 Separate Existence.................................7 Section 2.07 Limitation on Certain Activities...................8 Section 2.08 No State Law Partnership...........................9 Section 2.09 Address of the Sole Member.........................9 Article 3 TERM..........................................................9 Section 3.01 Commencement.......................................9 Section 3.02 Continuation.......................................9
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Formation and Business of the Company. 8 Section 2.01. FORMATION........................................8 Section 2.02. NAME.............................................8 Section 2.03.
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Formation and Business of the Company. Section 2.01 Formation Section 2.02 Name Section 2.03 Principal Office Section 2.04 Registered Agent and Registered Office Section 2.05 Purpose Section 2.06 Separate Existence Section 2.07 Limitation on Certain Activities Section 2.08 No State Law Partnership Section 2.09 Address of the Sole Member Article 3 TERM Section 3.01 Commencement Section 3.02 Continuation
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Formation and Business of the Company. Section 1.1 Company Name and Formation 1 Section 1.2 Name 1 Section 1.3 Purpose 1 Section 1.4 Term 1 Section 1.5 Place of Business 1 Section 1.6 Registered Office and Agency 1 Section 1.7 Authorized Representatives 1 Section 1.8 Tax Treatment 2 ARTICLE II DEFINITIONS Section 2.1 Definitions 2 ARTICLE III
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Formation and Business of the Company. The parties to the original operating agreement have formed the Company pursuant to the California Limited Liability Company Act (the “Act”). The rights and liabilities of the Member shall be as provided in the Act, except as otherwise expressly provided herein. The Company is authorized to engage in any business and in any and all activities permitted under the Act.
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Formation and Business of the Company 
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Related to Formation and Business of the Company

  • Business of the Company The purpose of the Company is to carry on any lawful business, purpose or activity for which limited liability companies may be formed in accordance with Section 18-106 of the Act.

  • BUSINESS OF THE PARTNERSHIP The purpose and nature of the business to be conducted by the Partnership is (i) to conduct any business that may be lawfully conducted by a limited partnership organized pursuant to the Act, provided, however, that such business shall be limited to and conducted in such a manner as to permit the General Partner at all times to qualify as a REIT, unless the General Partner otherwise ceases to qualify as a REIT, and in a manner such that the General Partner will not be subject to any taxes under Section 857 or 4981 of the Code, (ii) to enter into any partnership, joint venture, co-ownership or other similar arrangement to engage in any of the foregoing or the ownership of interests in any entity engaged in any of the foregoing and (iii) to do anything necessary or incidental to the foregoing. In connection with the foregoing, and without limiting the General Partner’s right in its sole and absolute discretion to qualify or cease qualifying as a REIT, the Partners acknowledge that the General Partner intends to qualify as a REIT for federal income tax purposes and upon such qualification the avoidance of income and excise taxes on the General Partner inures to the benefit of all the Partners and not solely to the General Partner. Notwithstanding the foregoing, the Limited Partners agree that the General Partner may terminate its status as a REIT under the Code at any time to the full extent permitted under the Charter. The General Partner on behalf of the Partnership shall also be empowered to do any and all acts and things necessary or prudent to ensure that the Partnership will not be classified as a “publicly traded partnership” for purposes of Section 7704 of the Code.

  • Conduct of Business of the Company From the date of this Agreement until the earlier of (i) the Effective Time and (ii) the termination of this Agreement pursuant to its terms, unless Parent shall otherwise consent in writing (which consent shall not be unreasonably withheld, delayed or conditioned) and except as set forth in Section 5.01 of the Company Disclosure Letter, the Company shall, and shall cause each of its Subsidiaries to, conduct its business in the ordinary course of business consistent with past practice and shall use its reasonable best efforts to preserve intact its business organization, assets and goodwill and current beneficial relationships with customers, suppliers and others having business dealings with it and to keep available the services of its current officers and key employees on terms and conditions substantially comparable to those currently in effect and maintain its current rights and franchises, in each case, consistent with past practice. In addition to and without limiting the generality of the foregoing, except as expressly set forth in Section 5.01 of the Company Disclosure Letter or as otherwise expressly provided for in this Agreement, from the date hereof until the earlier of (i) the Effective Time and (ii) the termination of this Agreement pursuant to its terms, without the prior written consent of Parent (which consent shall not be unreasonably withheld, delayed or conditioned), the Company shall not, and shall not permit any of its Subsidiaries to:

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Interim Operations of the Company The Company covenants and agrees as to itself and its Subsidiaries that during the period from the date of this Agreement until the Effective Time or the date, if any, on which this Agreement is earlier terminated pursuant to Section 7.1, except as (w) disclosed in Section 5.1 of the Company Disclosure Letter, (x) expressly contemplated or permitted by this Agreement, (y) required by applicable Law, or (z) agreed to in writing by Parent, after the date of this Agreement and prior to the Effective Time:

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