Default Rule means a rule stated in the Act which applies except to the extent it may be negated or modified through the provisions of a limited liability company’s Limited Liability Company Agreement.
Default Rule means a rule stated in the Act that applies except to the extent it is negated or modified through the provisions of the Partnership’s certificate of limited partnership or this Agreement.
Default Rule means a rule stated in the Act that may be negated or modified by law and that applies except to the extent it is negated or modified through the provisions of a limited liability company’s operating agreement.
Examples of Default Rule in a sentence
Regardless of whether any provision of this Agreement specifically refers to particular Default Rules, (a) if any provision of this Agreement conflicts with a Default Rule, the provision of this Agreement shall control and the Default Rule shall be modified or negated accordingly and (b) if it is necessary to construe a Default Rule as modified or negated in order to effectuate any provision of this Agreement, the Default Rule shall be so construed.
More Definitions of Default Rule
Default Rule means a provision of the Act that would apply to the Company unless otherwise provided in, or modified by, the Agreement.
Default Rule means a rule stated in the Act:
Default Rule means a rule that applies in relation to a partnership if the rule is not dealt with in the partnership agreement;
Default Rule means a provision of the Act that would apply to Nevada JV unless otherwise provided in, or modified by, this Agreement.
Default Rule means a provision of the Delaware LLC Act that would apply to the Company unless otherwise provided in, or modified by, this Agreement.
Default Rule means a rule stated in the Act that (a) structures, ------------ defines, or regulates the finances, governance, operations, or other aspects of a limited liability company organized under the Act and (b) applies except to the extent it is negated or modified through the provisions of a limited liability company's certificate of formation or operating agreement.
Default Rule means a rule stated in the Act that (a) structures,