No ERISA Plan Assets. The Manager shall use its reasonable best efforts to ensure that the Company’s assets are not deemed to be “plan assets” within the meaning of Section 3(42) of ERISA and the Plan Asset Regulation.
Appears in 14 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
No ERISA Plan Assets. The Manager shall must use its reasonable best efforts to ensure that the Company’s assets are not deemed to be “plan assets” within the meaning of Section 3(42) of ERISA and the Plan Asset RegulationAssets.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement, Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement
No ERISA Plan Assets. The Manager shall use its reasonable best efforts to ensure that the Company’s assets are not deemed to be “plan assets” within the meaning of Section 3(42) of ERISA and the Plan Asset RegulationAssets.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement
