Rights and Obligations of Member. 4 5.1 Limitation of Member’s Responsibility, Liability 4 5.2 Return of Distributions 4
Rights and Obligations of Member. 4.1 Name and Address of Member. The name, address and Membership Interest of the Member is reflected in Schedule I attached hereto.
Rights and Obligations of Member. The Member shall have the following rights and obligations under this Agreement, which rights and obligations are more fully described in Attachment A.
Rights and Obligations of Member. 2 5.1 LIMITATION OF LIABILITY 2 5.2 COMPANY BOOKS 2 ARTICLE 6 MANAGEMENT; MEETINGS; OFFICERS 3
Rights and Obligations of Member. 4 5.1 Limitation of Member’s Responsibility, Liability 4 5.2 Return of Distributions 4 ARTICLE VI MANAGEMENT BY BOARD OF DIRECTORS 4 6.1 Establishment of Board 4 6.2 The Board: Delegation of Authority and Duties 4 6.3 Term of Office 5 6.4 Meetings of the Board and Committees 5 6.5 Voting 6 6.6 Responsibility and Authority of the Board 6 ARTICLE VII OFFICERS 7 7.1 Designation and Appointment 7 7.2 Resignation and Removal 7 7.3 Duties of Officers Generally 7 7.4 President 7 7.5 Chief Financial Officer 8 7.6 Vice President(s) 8 7.7 Secretary 8 Page ARTICLE VIII INDEMNIFICATION 8 8.1 Exculpation 8 8.2 Right to Indemnification 9 8.3 Determination of Eligibility 10 8.4 Advancement of Expenses 10 8.5 Indemnification of Employees and Agents 10 8.6 Appearance as a Witness 10 8.7 Right of Claimant to Bring Suit 10 8.8 Nonexclusivity of Rights 11 8.9 Insurance 11 8.10 Savings Clause 11 ARTICLE IX ACCOUNTING PERIOD, RECORDS AND REPORTS 11 9.1 Accounting Method 11 9.2 Accounting Period 11 9.3 Inspection 11 9.4 Preparation of Financial Statements 11 ARTICLE X TAX MATTERS 11 10.1 Tax Returns and Elections 11 ARTICLE XI DISSOLUTION AND TERMINATION 12 11.1 Dissolution 12 11.2 Effect of Dissolution 12 11.3 Winding Up, Liquidating and Distribution of Assets 12 11.4 Certificate of Cancellation 13 ARTICLE XII MISCELLANEOUS 13 12.1 Notices 13 12.2 Application of Delaware Law 13 12.3 Headings 13 12.4 Waivers 13 12.5 Rights and Remedies Cumulative 13 12.6 Severability 13 12.7 Heirs, Successors and Assigns 14 12.8 Beneficiaries 14 LIMITED LIABILITY COMPANY AGREEMENT OF CARRIZO (NIOBRARA) LLC This Limited Liability Company Agreement (this “Agreement”) is dated as of June 29, 2011, by Carrizo Oil & Gas, Inc. a Texas corporation.
Rights and Obligations of Member. 1. Members shall have the right to release task information on the Platform, inquire about member information, participate in tasks, release information in the Platform community and related products, participate in the relevant activities of the Platform, and shall be entitled to enjoy other relevant information and information services provided by the Platform.
Rights and Obligations of Member. 4 5.1 Limitation of Members’ Responsibility, Liability 4 5.2 Return of Distributions 4 ARTICLE VI RIGHTS AND DUTIES OF MEMBER 4 6.1 Management 4 6.2 Powers of the Member 4 ARTICLE VII TAX ALLOCATIONS AND DISTRIBUTIONS 4 7.1 In General 4 7.2 Distributions 4 7.3 Limitation Upon Distributions 4 ARTICLE VIII ACCOUNTING METHOD, PERIOD, RECORDS AND REPORTS 5 8.1 Accounting Method 5 8.2 Accounting Period 5 8.3 Records, Audits and Reports 5 ARTICLE IX TAX MATTERS 5 9.1 Tax Returns and Elections 5 9.2 State, Local or Foreign Income Taxes 5 ARTICLE X DISSOLUTION AND TERMINATION 5 10.1 Dissolution 5 10.2 Effect of Dissolution 5
Rights and Obligations of Member. 5.1 MANNER OF ACTING The Member may act through written or unwritten resolutions, consents or certifications of any nature.
Rights and Obligations of Member. DISTRIBUTIONS 5 5.1 Limitation of Member’s Responsibility, Liability 5 5.2 Distributions 5 5.3 Return of Distributions 5 5.4 Limitation Upon Distributions 5 ARTICLE VI RIGHTS AND DUTIES OF MEMBER 6 6.1 Management 6 6.2 Meetings 6 6.3 Place of Meetings 6
Rights and Obligations of Member
