Examples of Limited Liability Agreement in a sentence
Subject to further amendments to this 27 Limited Liability Agreement, the Company shall not issue any class of non-voting equity securities unless and solely to the extent permitted by section 1123(a)(6) of title 11 of the United States Code.
This Series Limited Liability Agreement constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof and supersedes all prior agreements and understandings pertaining thereto.
Under certain circumstances, pursuant to the Amended and Restated Limited Liability Agreement of the Company, the Incentive Units may be forfeited by the undersigned.
The Service Agent represents that it has notice of the provisions of the Fund's Limited Liability Agreement disclaiming Member and Manager liability for acts and obligations of the Fund.
The limited liability company must file a Certificate of Formation with the Secretary of State and prepare a Limited Liability Agreement.
The Company will continue in existence until it is dissolved and terminated by the members of the Company in accordance with the provisions of the Limited Liability Agreement (the “LLC Agreement” or “Operating Agreement”).
The Limited Liability Agreement establishes the authority of the “members” or “managers” to act on behalf of the company.
The Limited Liability Agreement provides for a total maximum liability of ten million yen or any amount stipulated by the relevant laws and regulations, whichever is higher.
So long as there exists no default hereunder or under the Note, Borrower shall be entitled to exercise any and all voting rights pertaining to the Collateral for any purpose not inconsistent with the terms of this Agreement, the Note or the Limited Liability Agreement; provided, however, that all net proceeds of the Collateral shall paid to JMB to the extent required under paragraph 2 of the Note.
Any Transfer (as defined in the Limited Liability Agreement) of the Limited Liability Interest or any interest therein that is permitted hereunder and under the terms of the Limited Liability Agreement, shall be subject to the terms of this Agreement and the security interest granted hereby, whether or not any written instrument of transfer expressly states that such Transfer is made subject hereto.