No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Oregon Uniform Partnership Act nor the Oregon Uniform Limited Partnership Act or a corporation under the Oregon Business Corporation Act. The Members do not intend to be partners one to another, or partners as to any third party. No Member shall have any authority, by word or action, to represent to another person that any other Member is a partner or that the Company is a partnership.
Appears in 2 contracts
Samples: Operating Agreement (California Clean Air Inc), Operating Agreement (California Clean Air Inc)
No Partnership Intended for Nontax Purposes. The Members have Member has formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Oregon Uniform Partnership Act nor or the Oregon Uniform Limited Partnership Act Act, or a corporation under the Oregon Business Corporation Act. The Members do not intend to be partners one to another, or partners as to any third party. No Member shall have any authorityTo the extent that Member, by word or action, to represent represents to another person that any other Member Manager is a partner or that the Company is a partnership, the Member who made the wrongful representation shall be liable to any other Member or Manager who incurs personal liability by reason of the wrongful representation.
Appears in 1 contract
Samples: Operating Agreement (Excel Corp)
No Partnership Intended for Nontax Purposes. The Members have formed the Company under the Act, and expressly do not intend hereby to form a partnership under either the Oregon Uniform Partnership Act nor or the Oregon Uniform Limited Partnership Act Act, or a corporation under the Oregon Business Corporation Act. The Members do not intend to be partners one to another, or partners as to any company third party. No Member shall have any authorityPSME, by word or actionLLC – Operating Agreement – September 30, to represent to another person that any other Member is a partner or that the Company is a partnership.2019 Page 1 of 13
Appears in 1 contract
Samples: Operating Agreement
