DF Holdings Operating Agreement definition

DF Holdings Operating Agreement means that certain Fifth Amended and Restated Operating Agreement of DF Holdings, dated on or about the date hereof.
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DF Holdings Operating Agreement means that certain Fifth Amended and Restated Operating Agreement of DF Holdings, dated on or about the date hereof. “DF Homes” means Dream Finders Homes LLC, a Florida limited liability company. “DFH JV BFR” means a joint venture established to invest in DFH JV BFR Units to be acquired from Borrower or a Subsidiary of Borrower (a) in which Borrower directly or indirectly owns at least 7.5% of the equity interests, (b) which has in place a loan facility from a non-related financial institution to such joint venture (a “Takeout Facility”) and (c) in which all DFH JV BFR Units, once acquired from Borrower or a Subsidiary of Borrower, are managed (i) either directly or indirectly, by an affiliated general partner or (ii) by a third-party property management company, in each case with demonstrated operational experience (as determined by Administrative Agent in its sole and reasonable discretion).
Sample 1

Related to DF Holdings Operating Agreement

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Company LLC Agreement means the Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 25, 2011, as amended from time to time.