Common use of Organization; Continuation; Compliance Clause in Contracts

Organization; Continuation; Compliance. Pursuant to the Delaware Limited Liability Company Act, Title 6 Del. Code § 18-101 et seq. (as it may be amended from time to time, the “Act”), the Company was formed on August 18, 2005 by virtue of the filing of its Certificate of Formation with the Delaware Secretary of State. The parties hereby ratify the execution, delivery and filing of the Certificate with the Secretary of State of the State of Delaware by the Initial Member. The Members hereby continue the Company as a limited liability company pursuant to the Act. Each of Member A and Member B shall continue as a member of the Company upon its execution of a counterpart signature page to this Agreement. The affairs of the Company shall be governed by this Agreement and the laws of the State of Delaware.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Us Geothermal Inc), Operating Agreement (Us Geothermal Inc)

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Organization; Continuation; Compliance. Pursuant to the Delaware Limited Liability Company Act, Title 6 Del. Code § §18-101 101, et seq. (as it may be amended from time to time, the “Act”), the Company was formed on August 18, 2005 by virtue of the filing of its Certificate of Formation with the Delaware Secretary of State. The parties hereby ratify the execution, delivery and filing of the Certificate with the Secretary of State of the State of Delaware by the Initial Member. The Members hereby continue the Company as a limited liability company pursuant to the Act. Each of Member A and Member B shall continue as a member of the Company upon its execution of a counterpart signature page to this Agreement. The affairs of the Company shall be governed by this Agreement and the laws of the State of Delaware.

Appears in 2 contracts

Samples: Operating Agreement (Us Geothermal Inc), Operating Agreement (Us Geothermal Inc)

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