Common use of Formation, Name, Purposes Clause in Contracts

Formation, Name, Purposes. This Operating Agreement (Agreement) is made and entered into as of the date executed below by and among those Persons whose names and addresses are set forth in Appendix A hereto (Members), being the Members of PF Royalty I, LLC, a Delaware limited liability company (Company or RIF I), and PF Advisors, LLC (Manager), each of whom represent and agree as follows:

Formation, Name, Purposes. This Operating Agreement (Agreement) is made and entered into as of the date executed below by and among those Persons whose names and addresses are set forth in Appendix A hereto (the Members), being the Members of PF Royalty I, LLC, a Delaware limited liability company (the Company or RIF PFR I), and PF Advisors, LLC (the Manager), each of whom represent and agree as follows: