Delaware LLCs definition

Delaware LLCs means Chaparral Exploration, L.L.C. and CEI Acquisition, L.L.C.
Sample 1Sample 2Sample 3
Delaware LLCs means and refers to each of the following:
Sample 1Sample 2
Delaware LLCs means each of Info, Media and East LLC; (g) “Delaware Entities” means each of the Delaware Corporations and the Delaware LLCs; and (h) “Applicable Law” means, with respect to each Loan Party, the General Corporation Law of the State of Delaware, the Limited Liability Company Act of the State of Delaware, the DE UCC, the internal, substantive laws, rules, and regulations of the State of New York, and those laws, rules, and regulations of the United States of America which in our experience are normally applicable to such Loan Party and to transactions of the type provided for in the Loan Documents to which such Loan Party is a party. In rendering the opinions expressed herein, we have assumed that:
Sample 1

Examples of Delaware LLCs in a sentence

  • The owners of Delaware LLCs are called “members.” An LLC may be formed by an agent who is not a member (e.g., a lawyer) on behalf of the members.

  • Carter, Asserting Breach-of-Fiduciary-Duty Claims in the Context of Delaware LLCs, Am. Bankr.

  • Given that the Parties are both Delaware LLCs and the Parties have demonstrated an intent to be bound by Delaware law in previous agreements, Delaware law applies.

  • The plaintiff, GxG Management LLC, filed a motion to join a real party in interest, namely GxG Management LLC (Series B), a "series" of limited liability company "interest" certified by GxG Management LLC pursuant to a Delaware statute that authorizes Delaware LLCs to establish one or more "series" of "limited liability company interests having separate rights, powers or duties with respect to specified property or obligations of the limited liability company." 6 Del.

  • The language of Elf Atochem therefore prompted the authors of the leading treatise on Delaware LLCs to recommend taking its references to subject matter jurisdiction with a grain of salt.

  • Each of the Delaware LLCs has all limited liability company power and authority necessary to own or lease its properties currently owned or leased or to be owned or leased at each Closing Date, and to conduct its business as currently conducted or to be conducted at each Closing Date, in each case in all material respects as described in the Registration Statement and the Pricing Prospectus.

  • US taxationAll Corporate entities incorporated in Delaware are all Delaware LLCs and are regarded as “pass through” entities for US federal income tax purposes such that no US federal income tax should be levied on the LLC itself.

  • Carter, Asserting Breach-of-fiduciary-duty Claims in the Context of Delaware LLCs, Am. Bankr.

  • Because the Funds are Delaware LLCs, the Court applies Delaware law to determine whether Plaintiffs’ claims are direct or derivative.

  • Vestal[1] In a recent law review article Delaware Chief Justice Myron Steele argues that Delaware courts should interpret Delaware’s limited liability company (“LLC”) and limited partnership (“LP”) statutes as not including any default fiduciary duties.[2] Therefore, he argues that the only fiduciary duties in Delaware LLCs and LPs arise from the parties’ express contract.

Related to Delaware LLCs

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Delaware LLC Act means the Delaware Limited Liability Company Act.

  • Delaware LP Act means the Delaware Revised Uniform Limited Partnership Act.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • Delaware Law means the General Corporation Law of the State of Delaware.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon the consummation of a Delaware LLC Division.

  • Delaware Business Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time.

  • DLLCA means the Delaware Limited Liability Company Act.

  • Certificate of Limited Partnership means the Certificate of Limited Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.2, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • MergerCo shall have the meaning set forth in the introductory paragraph to this Agreement.

  • MergerSub has the meaning set forth in the preamble hereto.

  • Delaware Act means the Delaware Statutory Trust Act, 12 Del. C. §§ 3801 et seq., as amended from time to time;

  • Delaware General Corporation Law means the Delaware General Corporation Law, 8 Del. C.ss.100, et. seq., as amended from time to time.

  • Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Certificate of organization means the certificate required by section 489.201. The term includes the certificate as amended or restated.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Certificate of Formation means the Certificate of Formation of the Company filed with the Secretary of State of the State of Delaware as referenced in Section 2.1, as such Certificate of Formation may be amended, supplemented or restated from time to time.

  • Certificate of Merger has the meaning set forth in Section 2.2.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Articles of Organization means the original documents filed to organize a limited liability company, as amended or restated by certificates of correction, amendment, or merger, by restated articles, or by other instruments filed or issued under any statute.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;