Limited Liability Agreement Sample Clauses

Limited Liability Agreement. The Seller will not amend or delete Sections 7 to 10, 16, 20 to 25 or 30 of its limited liability agreement.
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Limited Liability Agreement. The Transferor will not engage in any activity or incur any indebtedness or other material liability other than as contemplated or permitted pursuant to Section 7 and Section 9(j) of the Limited Liability Company Agreement or this Agreement. The Transferor will not amend or modify the Limited Liability Company Agreement unless the Rating Agency Condition is satisfied with respect thereto.
Limited Liability Agreement. This Agreement is intended to serve as a “limited liability company agreement,” as such term is defined in Section 18-101(7) of the Delaware Act.
Limited Liability Agreement. Each Investor agrees to negotiate in good faith with the other Investor the form of, and agrees to enter into, concurrently with the Closing, one or more definitive agreements incorporating the terms set forth on Schedule A; provided, that, in the event the parties do not execute definitive agreements incorporating the terms set forth on Schedule A on or prior to the Closing, the terms set forth on Schedule A shall be binding until such definitive agreements are so executed.
Limited Liability Agreement. The Company and the members of the Company shall have entered into a Limited Liability Company Agreement in form and substance substantially similar to EXHIBIT B attached hereto (the "LLC AGREEMENT"), and the LLC Agreement shall be in full force and effect as of the Closing.
Limited Liability Agreement 
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Related to Limited Liability Agreement

  • Limited Liability Company Agreement The Member hereby states that except as otherwise provided by the Act or the Certificate of Formation, the Company shall be operated subject to the terms and conditions of this Agreement.

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