Common use of Maintenance of Separate Existence Clause in Contracts

Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from each Member and any Affiliate of any Member, including holding regular meetings of the Members and maintaining its books and records on a current basis separate from that of any Affiliate of the Company or any other Person, and shall not commingle the Company’s assets with those of any Affiliate of the Company or any other Person.

Appears in 5 contracts

Samples: Operating Agreement (Indie Semiconductor, Inc.), Operating Agreement (Thunder Bridge Acquisition II, LTD), Limited Liability Company Agreement (Calamos Asset Management, Inc. /DE/)

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Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from each Member and any Affiliate of any Member, including holding regular meetings of the Members and maintaining its books and records on a current basis separate from that of any Affiliate of the Company or any other Person, and shall not commingle the Company’s 's assets with those of any Affiliate of the Company or any other Person.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Calamos Asset Management, Inc. /DE/), Limited Liability Company Agreement (Calamos Asset Management, Inc. /DE/)

Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from the existence of each Member and any Affiliate of any Memberother Person, including holding regular meetings of maintaining the Members and maintaining its Company’s books and records on a current basis separate from that of any Affiliate of the Company or any other Person, and shall not commingle the Company’s assets with those of any Affiliate of the Company or any other Person.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (MEADWESTVACO Corp), Master Purchase and Sale Agreement (Plum Creek Timber Co Inc)

Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from the existence of each Member and any Affiliate of any Memberother Person, including holding regular meetings of including, without limitation, maintaining the Members and maintaining its Company’s books and records on a current basis separate from that of any Affiliate of the Company or any other Person, and shall not commingle the Company’s assets with those of any Affiliate of the Company or any other Person.

Appears in 2 contracts

Samples: Operating Agreement (Watsco Inc), Operating Agreement (Watsco Inc)

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Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from each Member and any Affiliate of any Member, including holding regular meetings of the Members and maintaining its books and records on a current basis separate from that of any Affiliate affiliate of the Company or any other Person, and shall not commingle the Company’s assets with those of any Affiliate of the Company or any other PersonMembers.

Appears in 1 contract

Samples: Senior Bridge Facility Agreement

Maintenance of Separate Existence. The Company shall do all things necessary to maintain its limited liability company existence separate and apart from each Member and any Affiliate of any Member, including holding regular meetings of the Members and maintaining its books and records on a current basis separate from that of any Affiliate of the Company or any other Person, and shall not commingle the Company’s assets with those of any Affiliate of the Company or any other Person.

Appears in 1 contract

Samples: Operating Agreement (Turner Investments, Inc.)

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