Admission of Substituted Member
Exhibit 3.291
Admission of Substituted Member
Reference is made to the Operating Agreement of BFI Waste Systems of Oklahoma, LLC, a Delaware
limited liability company (the “Company”), dated as of March 29, 2001 (the “Agreement”), by BFI
Waste Systems of North America, Inc., a Delaware corporation (“Original Member”). On the date
hereof, Original Member transferred its member interest in the Company to its parent corporation,
Xxxxxxxx-Xxxxxx Industries, Inc., a Delaware corporation (“Parent Company”). The Parent Company
then transferred its member interest in the Company to its parent corporation, Allied Waste North
America, Inc., a Delaware corporation (the “Substituted
Member”).
The Substituted Member hereby becomes a party to the Agreement and hereby accepts and assumes
all rights and obligations of the Original Member.
Dated:
April 1, 2001.
| BFI WASTE SYSTEMS OF NORTH AMERICA, INC. |
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| By: | /s/ Xx Xxxx Xxxxx
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| Name: | Xx Xxxx Xxxxx | |||||
| Title: | Secretary | |||||
Acknowledged and agreed:
ALLIED WASTE NORTH AMERICA, INC.
By:
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/s/ Xxxxxx X. Xxxxxx
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Name:
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Xxxxxx X. Xxxxxx | |||
Title:
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Vice President, Operations |
This Operating Agreement (the “Agreement”) of BFI Waste Systems of Oklahoma, LLC (the
“Company”) is executed as of March 30, 2001, by BFI Waste Systems of North America, Inc.,
a Delaware corporation, the sole member of the Company (the “Member”), and shall bind the Member,
the Company, and any other person who may acquire any interest in the Company.
SECTION 1. DEFINITIONS; THE COMPANY
1.1 Definitions. Capitalized words and phrases used in this Agreement and not
otherwise defined herein shall have the meanings set forth in Section 7.6 hereof.
1.2 Formation. The Company has been formed as a limited liability company pursuant to
the provisions of the Act and upon the terms and conditions set forth in this Agreement and the
Articles of Organization.
1.3 Name. The name of the Company is BFI Waste Systems of Oklahoma, LLC. All business
of the Company shall be conducted in the Company name. The Company shall hold its property in the
name of the Company.
1.4 Purpose. The purpose of the Company is primarily to engage in and conduct the
business of owning and/or operating a landfill(s), and to engage in any other activity permitted
under Delaware law and the laws of any jurisdiction in which the Company may do business.
1.5 Office. The registered office of the Company within the State of Oklahoma shall
be 735 First National Building, 000 Xxxxx Xxxxxxxx, Xxxxxxxx Xxxx, Xxxxxxxx 00000. The registered
office may be changed to any other place within the State of Oklahoma upon the consent of the
Member. The Company may maintain a registered office in any state within which it does business at
any location approved by the Member.
1.6 Registered Agent for Service of Process. The name and address of the registered
agent for service of legal process on the Company in Oklahoma are The Corporation Company, 735
First National Building, 000 Xxxxx Xxxxxxxx, Xxxxxxxx Xxxx, Xxxxxxxx 00000. The Company’s agent
for service of legal process may be changed upon the consent of the Member.
1.7 Articles of Organization. The Member shall file any amendments to the Articles of
Organization deemed necessary by it to reflect amendments to this Agreement adopted by the Member
in accordance with the terms hereof. Upon the approval of any amendments thereto, by the Member in
accordance with this Agreement, the Member or a designee of the Member shall be authorized to
execute and file such instruments with the appropriate state agencies.
SECTION 2. MEMBER; CAPITAL CONTRIBUTIONS; LOANS
2.1 Member. The name and address of the sole Member are: BFI Waste Systems of North
America, Inc., 00000 X. Xxxxxxxx-Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxxxx 00000.
2.2 Contributions of Member. The Member shall contribute to the Company the cash or
other assets set forth in Exhibit A to this Agreement, which is incorporated herein by
this reference. The Member shall not be obligated to make additional Capital Contributions to the
Company.
2.3 Member Loans. The Member may make loans (“Member Loans”) to the Company, which
shall bear interest and be repaid on such reasonable terms and conditions as may be determined by
the Member. The Member shall not be required to make a Member Loan unless the Member has agreed to
make such Member Loan.
SECTION 3. DISTRIBUTIONS
During the term of the Company, cash and property shall be distributed periodically to the
Member in its sole discretion. No distribution shall be declared and paid unless, after the
distribution is made, the assets of the Company are in excess of all liabilities of the Company.
SECTION 4. MANAGEMENT
4.1 General Management Structure. Unless specifically provided otherwise herein, all
decisions and actions concerning the Company and its affairs, and all matters requiring the consent
or approval of the Member under this Agreement, shall be made within the sole discretion of the
Member. Any party dealing with the Company shall be permitted to rely absolutely on the signature
of the Member as binding on the Company.
4.2 Delegation of Authority to Officers. The Member may designate one or more Persons
as officers of the Company. The officers shall have the authority to act for and bind the Company
to the extent of the authority granted to them herein or in resolutions duly adopted by the Member
on behalf of the Company. The officers of the Company may include a president, vice presidents, an
executive vice president, a secretary, a treasurer, and such other officers as the Member deems
appropriate. The officers of the Company will be entitled to such compensation for their services
as the Member may reasonably determine from time to time. Unless otherwise specified by the Member,
the following officers shall have the authority to engage in the activities set forth with respect
to their respective offices:
4.2.1 President. The President shall, subject to the control of the Member, have
general supervision of the business of the Company and shall see that all orders and resolutions of
the Member are carried into effect. The President shall execute all bonds, mortgages, contracts and
other instruments of the Company, except where required or permitted by law to be otherwise signed
and executed and except that the other officers of the Company may sign and execute documents when
so authorized by this Agreement, the Member, or the President. The President shall also perform
such other duties and may exercise such other powers as from time to time may be assigned to him by
this Agreement or by the Member.
4.2.2 Vice Presidents. At the request of the President or in his absence or in the
event of his inability or refusal to act, the Vice President or the Vice Presidents, if there are
more than one, shall perform the duties of the President, and when so acting, shall have all the
powers of and be subject to all the restrictions upon the President. Each Vice President shall
perform such other duties and have such other powers as the President from time to time may
prescribe.
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4.2.3 Secretary. The Secretary shall see that all books, reports, statements,
certificates and other documents and records required by law to be kept or filed are properly kept
or filed, as the case may be.
4.2.4 Treasurer. The Treasurer shall have the custody of the corporate funds and
securities and shall keep full and accurate accounts of receipts and disbursements in books
belonging to the Company and shall deposit all moneys and other valuable effects in the name and
to the credit of the Company in such depositories as may be designated by the Member. The
Treasurer shall disburse the funds of the Company as may be ordered by the Member, taking proper
vouchers for such disbursements, and shall render to the President, from time to time, when the
Member so requires, an account of all his transactions as Treasurer and of the financial condition
of the Company. If required by the Member, the Treasurer shall give the Company a bond in such sum
and with such surety or sureties as shall be satisfactory to the Member for the faithful
performance of the duties of his office and for the restoration to the Company, in case of his
death, resignation, retirement or removal from office, of all books, papers, vouchers, money and
other property of whatever kind in his possession or under his control belonging to the Company.
4.2.5 Assistant Secretaries. Except as may be otherwise provided in this Agreement,
Assistant Secretaries, if there are any, shall perform such duties and have such powers as from
time to time may be assigned to them by the Member, the President, any Vice President, if there
are any appointed, or the Secretary, and in the absence of the Secretary or in the event of his
disability or refusal to act, shall perform the duties of the Secretary, and when so acting, shall
have all the powers of and be subject to all the restrictions upon the Secretary.
4.2.6 Assistant Treasurers. Assistant Treasurers, if there are any, shall perform such
duties and have such powers as from time to time may be assigned to them by the Member, the
President, any Vice President, if there are any appointed, or the Treasurer, and in the absence of
the Treasurer or in the event of his disability or refusal to act, shall perform the duties of the
Treasurer, and when so acting, shall have all the powers of and be subject to all the restrictions
upon the Treasurer. If required by the Member, an Assistant Treasurer shall give the Company a bond
in such sum and with such surety or sureties as shall be satisfactory to the Member for the
faithful performance of the duties of his office and for the restoration to the Company, in case of
his death, resignation, retirement or removal from office, of all books, papers, vouchers, money
and other property of whatever kind in his possession or under his control belonging to the
Company.
4.2.7 Other Officers. Such other officers as the Member may choose shall perform such
duties and have such powers as from time to time may be assigned to them by the Member. The Member
may delegate to any officer of the Company the power to choose such other officers and to
prescribe their respective duties and powers.
4.3 Indemnification. The Company, its receiver or its trustee shall defend, indemnify
and save harmless the Member and its officers and any officers of the Company (the “Indemnified
Parties”) from and against all losses, claims, costs, liabilities and damages incurred by them by
reason of any act performed or omitted to be performed by them in connection with the business of
the Company, including attorneys’ fees incurred by them in connection with the
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defense of any action based on any such act or omission; provided, however, no Indemnified Party
shall be indemnified from any liability for fraud, bad faith, willful misconduct or gross
negligence.
4.4 Meetings. No annual or special meetings of the Member shall be required. Any
action required or permitted to be taken at any meeting may be taken without a meeting if written
consent setting forth the action to be taken is signed by the Member.
SECTION 5. BOOKS AND RECORDS
5.1 Books and Records. The Company shall maintain and preserve at its office all
accounts, books and other relevant Company documents. The books of account of the Company shall be
prepared and maintained on the same basis and in a manner consistent with the records of the
Member.
5.2 Fiscal Year. The fiscal year of the Company shall be the same as the fiscal year
of the Member.
5.3 Bank Accounts. The funds of the Company shall be maintained in a separate account
or accounts in the name of the Company.
SECTION 6. DISSOLUTION AND TERMINATION
6.1 Dissolution. The Company shall dissolve upon the first to occur of any of the
following events:
(a) The sale of all or substantially all of the Company’s assets and the collection of the
proceeds of such sale;
(b) The election by the Member to dissolve the Company; or
(c) The entry of a decree of dissolution under § 2038 of the Act.
6.2 Winding Up.
(a) General. Following the dissolution of the Company, the Company shall cease to
carry on its business, except insofar as may be necessary for the winding up of its business, but
the Company’s separate existence shall continue until articles of dissolution have been filed with
the Oklahoma Secretary of State or until a decree dissolving the Company has been entered by a
court of competent jurisdiction.
(b) Liquidation and Distribution of Assets. The Member (or its authorized successor in
interest) shall be responsible for overseeing the winding up and liquidation of the Company and
shall take full account of the Company’s liabilities and assets upon dissolution. Any assets not
required to discharge any liabilities of the Company shall be distributed to the Member. Upon the
completion of the winding up, liquidation and distribution of the assets, the Company shall be
deemed terminated. The Company shall comply with any applicable
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requirements of the Act pertaining to the winding up of the affairs of the Company and the final
distribution of its assets.
6.3 Articles of Dissolution. When all debts, liabilities and obligations of the
Company have been paid and discharged or adequate provisions have been made therefor and all of the
remaining property and assets of the Company have been distributed to the Member, articles of
dissolution shall be executed and filed by the Member with the Oklahoma Secretary of State.
SECTION 7. MISCELLANEOUS
7.1 Binding Effect. Except as otherwise provided in this Agreement, every covenant,
term and provision of this Agreement shall be binding upon and inure to the benefit of the Member
and its heirs, legatees, legal representatives, successors, transferees and assigns.
7.2 Headings. Section and other headings contained in this Agreement are for reference
purposes only and are not intended to describe, interpret, define or limit the scope, extent or
intent of this Agreement or any provision hereof.
7.3 Severability. Every provision of this Agreement is intended to be severable. If
any term or provision hereof is illegal or invalid for any reason whatsoever, such illegality or
invalidity shall not affect the validity or legality of the remainder of this Agreement.
7.4 Variation of Pronouns. All pronouns and any variations thereof shall be deemed to
refer to masculine, feminine or neuter, singular or plural, as the identity of the Person or
Persons may require.
7.5 Governing Law. The laws of the State of Oklahoma shall govern the validity of this
Agreement, the construction of its terms and the interpretation of the rights and duties of the
Member.
7.6 Glossary. For purposes of this Agreement, the following terms shall have the
meanings specified in this Section:
“Act.” means the Oklahoma Limited Liability Company Act, as set forth in Okla. Stat, tit. 18, §
2000, et. seq., as amended from time to time (or any corresponding provisions of succeeding law).
“Agreement” means this Operating Agreement, as amended from time to time. Words such
as “herein,” “hereinafter,” “hereof,” “hereto” and “hereunder,” refer to this Agreement as a whole,
unless the context otherwise requires.
“Articles of Organization” has the meaning given that term in Section 1.7 hereof.
“Capital Contribution” means the amount of money and the net fair market value of
property (other than money) contributed to the Company by the Member.
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“Company” means the limited liability company formed pursuant to this Agreement and
any limited liability company continuing the business of this Company in the event of dissolution
as herein provided.
“Member” means any Person identified as a Member in the heading to this Agreement.
“Member Loans” has the meaning given that term in Section 2.3 hereof.
“Person” means any individual, partnership, corporation, limited liability company,
trust or other entity.
7.7 No Third-Party Beneficiaries. No term or provision of this Operating Agreement is
intended to or shall be for the benefit of any Person not a party hereto, and no such other Person
shall have any right or cause of action hereunder.
IN WITNESS WHEREOF, the undersigned has entered into this Agreement as of the date first above
written.
| BFI Waste Systems of North America, Inc., a Delaware corporation |
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| By: | /s/ Xx Xxxx Xxxxx | |||
| Xx Xxxx Xxxxx, Secretary | ||||
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EXHIBIT A
| Initial Capital | ||||||||
| Name and Address of Member | Contribution | Percentage Interest | ||||||
| BFI Waste Systems of North America, Inc. 00000 Xxxxx Xxxxxxxx-Xxxxxx Xxxx Xxxxx 000 Xxxxxxxxxx, Xxxxxxx 00000 |
$ | 100.00 | 100 | % | ||||
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