FORMATION AND EFFECTIVE DATE OF AGREEMENT Sample Clauses

FORMATION AND EFFECTIVE DATE OF AGREEMENT. The Partners have formed a general partnership pursuant to the provisions of the Act. The Partners agree to execute all documents and to undertake all other acts, as reasonably may be deemed necessary by any Partner, in order to comply with the requirements of the laws of the State of California (and all other applicable jurisdictions) for the formation, continuation, registration, qualification and operation of a partnership in accordance with and subject to the terms of this Agreement. The rights and liabilities of the Partners will be determined pursuant to the Act and this Agreement. To the extent the rights or obligations of any Partner are different by reason of any provision of this Agreement than they would be in the absence of such provision, this Agreement will control to the extent permitted by the Act. The relationship of the parties under this Agreement shall commence on the effective date hereof, and the Partnership shall dissolve and terminate in accordance with the provisions of this Agreement.
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FORMATION AND EFFECTIVE DATE OF AGREEMENT. The members have formed the LLC pursuant to the Bevexxx-Xxxxxx Xxxited Liability Company Act (the "Act") by causing Articles of Organization conforming to the requirements of the Act to be filed with the office of the Secretary of State of the State of California.
FORMATION AND EFFECTIVE DATE OF AGREEMENT. The members have formed the LLC pursuant to the New York Code (the “Act") by causing a Certificate of Formation conforming to the requirements of the Act to be filed with the office of the Secretary of State of the State of New York.
FORMATION AND EFFECTIVE DATE OF AGREEMENT. The Members have formed a limited liability company (the “LLC”) pursuant to the Kentucky Limited Liability Company Act, by causing Articles of Organization for the LLC conforming to the requirements of the Act to be filed with the Secretary of State of the Commonwealth of Kentucky on April 13, 2006.
FORMATION AND EFFECTIVE DATE OF AGREEMENT. The Partners hereby form a general partnership pursuant to the provisions of the Act. The Partners agree to execute all documents and to undertake all other acts, as reasonably may be deemed necessary by any Partner, in order to comply with the requirements of the laws of the State of California (and all other applicable jurisdictions) for the formation, continuation, registration, qualification and operation of a partnership in accordance with and subject to the terms of this Agreement. The rights and liabilities of the Partners will be determined pursuant to the Act and this Agreement. To the extent the rights or obligations of any Partner are different by reason of any provision of this Agreement than they would be in the absence of such provision, this Agreement will control to the extent permitted by the Act. The relationship of the parties under this Agreement shall commence on the effective date hereof, and the Partnership shall dissolve and terminate in accordance with the provisions of this Agreement. If the Department of Real Estate in the State of California allows limited liability companies to hold real estate licenses for the management of apartment projects, the Partners shall dissolve the Partnership in accordance with the terms of this Agreement and form a Delaware limited liability company on substantially the same terms and conditions set forth in this Agreement, so long as the Partners can do so with no material adverse income tax consequences.

Related to FORMATION AND EFFECTIVE DATE OF AGREEMENT

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date and Effective Time The closing of the --------------------------------- transactions contemplated hereby ("Closing") shall take place at the offices of Xxxxxxx, Xxxxxx & Xxxxxxxx, 0000 Xxxxxxxxx Xxx. X.X., Xxxxxxxxxx, X.X. 00000, unless another place is agreed to by RCFC and Bayonne, on a date ("Closing Date") that is no later than 14 days following the date on which the expiration of the last applicable waiting period in connection with notices to and approvals of governmental authorities shall occur and all conditions to the consummation of this Agreement are satisfied or waived, or on such other date as may be agreed to by the parties. Prior to the Closing Date, RCFC and Bayonne shall execute a Certificate of Merger in accordance with all appropriate legal requirements, which shall be filed as required by law on the Closing Date, and the Merger provided for therein shall become effective upon such filing or on such date as may be specified in such Certificate of Merger. The date of such filing or such later effective date as specified in the Certificate of Merger is herein referred to as the "Effective Date." The "Effective Time" of the Merger shall be as set forth in the Certificate of Merger.

  • Termination and Amendment of Agreement The Corporation and the Custodian mutually may agree from time to time in writing to amend, to add to, or to delete from any provision of this Agreement. The Custodian may terminate this Agreement by giving the Corporation ninety days' written notice of such termination by registered mail addressed to the Corporation at its principal place of business. The Corporation may terminate this Agreement at any time by written notice thereof delivered, together with a copy of the resolution of the Board of Directors authorizing such termination and certified by the Secretary of the Corporation, by registered mail to the Custodian. Upon such termination of this Agreement, assets of the Corporation held by the Custodian shall be delivered by the Custodian to a successor custodian, if one has been appointed by the Corporation, upon receipt by the Custodian of a copy of the resolution of the Board of Directors of the Corporation certified by the Secretary, showing appointment of the successor custodian, and provided that such successor custodian is a bank or trust company, organized under the laws of the United States or of any State of the United States, having not less than two million dollars aggregate capital, surplus and undivided profits. Upon the termination of this Agreement as a part of the transfer of assets, either to a successor custodian or otherwise, the Custodian will deliver securities held by it hereunder, when so authorized and directed by resolution of the Board of Directors of the Corporation, to a duly appointed agent of the successor custodian or to the appropriate transfer agents for transfer of registration and delivery as directed. Delivery of assets on termination of this Agreement shall be effected in a reasonable, expeditious and orderly manner; and in order to accomplish an orderly transition from the Custodian to the successor custodian, the Custodian shall continue to act as such under this Agreement as to assets in its possession or control. Termination as to each security shall become effective upon delivery to the successor custodian, its agent, or to a transfer agent for a specific security for the account of the successor custodian, and such delivery shall constitute effective delivery by the Custodian to the successor under this Agreement. In addition to the means of termination herein before authorized, this Agreement may be terminated at any time by the vote of a majority of the outstanding shares of the Corporation and after written notice of such action to the Custodian.

  • AMENDMENT OF AGREEMENT; MERGER The General Partner’s consent shall be required for any amendment to this Agreement. The General Partner, without the consent of the Limited Partners, may amend this Agreement in any respect or merge or consolidate the Partnership with or into any other partnership or business entity (as defined in Section 17-211 of the Act) in a transaction pursuant to Section 7.1(b), (c) or (d) hereof; provided, however, that the following amendments and any other merger or consolidation of the Partnership shall require the consent of Limited Partners holding more than 50% of the Percentage Interests of the Limited Partners:

  • Amendment of Agreement and Certificate of Limited Partnership For the admission to the Partnership of any Partner, the General Partner shall take all steps necessary and appropriate under the Act to amend the records of the Partnership and, if necessary, to prepare as soon as practical an amendment of this Agreement (including an amendment of Exhibit A) and, if required by law, shall prepare and file an amendment to the Certificate and may for this purpose exercise the power of attorney granted pursuant to Section 2.4 hereof.

  • Date of Agreement The date of this Agreement is intended as a date for the convenient identification of this Agreement and is not intended to indicate that this Agreement was executed and delivered on that date.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

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