Formation and Term Sample Clauses

Formation and Term. The Company was formed as a Delaware limited liability company on November 6, 2000. The term of the Company shall continue until the Company is dissolved and its affairs wound up in accordance with the provisions of this Agreement. The Company and the Members hereby forever discharge the organizer, and the organizer shall be indemnified by the Company and the Members from and against, any expense or liability incurred by the organizer by reason of having been the organizer of the Company.
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Formation and Term. (a) Pursuant to the Act, the Member hereby organizes the Company as a Delaware limited liability company, the formation of which shall be effective upon the filing of the Certificate of Formation (the "CERTIFICATE") in the Office of the Delaware Secretary of State. (b) In order to maintain the Company as a limited liability company under the laws of the State of Delaware and to qualify to do business in any state in which the Member determines to be appropriate or necessary, the Company shall from time to time take appropriate action, including the preparation and filing of such amendments to the Certificate and such other assumed name certificates, documents, instruments and publications as may be required by law, including, without limitation, action to reflect: (i) qualification to do business in any state in which the Company directly, or indirectly as a partner of a partnership, a member of a limited liability company and/or a stockholder of a corporation, owns property or conducts business, as determined by the Member in its sole and absolute discretion; (ii) a change in the Company name; (iii) a correction of a defectively or erroneously executed Certificate; (iv) a correction of false or erroneous statements in the Certificate or the desire of the Member to make a change in any statement therein in order that it shall accurately represent this Agreement; or (v) a change in the time for dissolution of the Company as stated in the Certificate and in this Agreement. (c) The term of the Company shall commence upon filing the Certificate and shall continue in full force and effect until the earliest of the following: (i) March 31, 2028; (ii) upon the happening of an event described in Section 8(a) hereof; or (iii) a dissolution pursuant to the Act.
Formation and Term. The Company was formed by the filing of the Certificate of Organization of the Company with the Secretary of the Commonwealth of Massachusetts on June 2, 2010. The term of the Company shall be perpetual until dissolved in accordance with this Agreement.
Formation and Term. The Company was first incorporated as a Delaware corporation under Delaware General Corporation Law on June 9, 1947. By filing the Certificate of Conversion and the Certificate of Formation, the Company has been converted and continued as a Delaware limited liability company under the Act. The term of the Company shall continue until terminated as provided in Article IX hereof.
Formation and Term. 5 2.1 Formation............................................................................ 5 2.2 Name................................................................................. 5 2.3 Term................................................................................. 5 2.4 Registered Agent and Office.......................................................... 5 2.5 Principal Place of Business.......................................................... 5 2.6
Formation and Term. The Company was formed by the filing of the Certificate of Formation of the Company with the Secretary of State of the State of Delaware on [__]. The term of the Company shall be perpetual until dissolved in accordance with this Agreement.
Formation and Term. 14 Section 2.1 Formation.....................................................................................14 --------- Section 2.2 Name..........................................................................................14 ---- Section 2.3 Term..........................................................................................14 ---- Section 2.4 Registered Agent and Office...................................................................15 --------------------------- Section
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Formation and Term. (a) The Partners hereby set forth the purposes and scope herein of the limited partnership (the “Partnership”) formed under the laws of The Commonwealth of Massachusetts. (b) The term of the Partnership commenced on December 23, 2005 and shall continue until December 31, 2036, unless terminated at an earlier date in accordance with Article VII hereof.
Formation and Term. The formation of the Company is hereby completed in accordance with the Bxxxxxx-Xxxxxx Limited Liability Company Act, as amended from time to time (the “Act”), due to the filing of the Company’s Articles of Organization in the office of the Secretary of State of the State of California and the adoption of this Agreement. The rights and obligations of the Member and the terms and conditions of the Company shall be governed by the Act and this Agreement. To the extent the provisions of the Act and this Agreement are inconsistent with respect to any subject matter covered in this Agreement, this Agreement shall govern, but only to the extent permitted by law. The term of the Company shall continue until it is dissolved, its affairs are wound up and final liquidating distributions are made pursuant to this Agreement. Except as otherwise provided herein, the Company shall have perpetual existence.
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