LLC Act definition

LLC Act means the Delaware Limited Liability Company Act, 6 Del.C. § 18-101, et seq., as it may be amended from time to time, and any successor to such Act.
Sample 1Sample 2Sample 3
LLC Act means the Delaware Limited Liability Company Act, as amended.
Sample 1Sample 2Sample 3
LLC Act means the Delaware Limited Liability Company Act, as amended from time to time; provided, however, that if any amendment to the LLC Act, or any succeeding or successor law, is applicable to the Company only if the Company has elected to be governed by the LLC Act as so amended or by such succeeding or successor law, as the case may be, the term "LLC Act" shall refer to the LLC Act as so amended or to such succeeding or successor law only after the appropriate election by the Board with the Consent of the Members.
Sample 1Sample 2Sample 3

Examples of LLC Act in a sentence

  • Except as otherwise specifically provided herein, authority for all actions reserved for the Members under the LLC Act shall be vested in the Board of Members.

  • Certificate for the Company was executed and filed with the office of the Secretary of State of the State of Delaware by an authorized person in accordance with the LLC Act on May 9, 2020 (such filing being hereby ratified and confirmed in all respects).

  • The existence of the Company as a separate legal entity shall continue until the cancellation of the Certificate as provided for in the LLC Act.

  • Except as provided in the LLC Act, no Member partners, representatives or agents, nor any of their respective heirs, executors, successors and assigns) is or shall be responsible or liable for any debt, liability or any other obligation of another Member or the Company.

  • No Member shall have the right to vote or consent in its capacity as a Member of the Company except as expressly set forth in this Agreement or as required by the LLC Act.


More Definitions of LLC Act

LLC Act means the Delaware Limited Liability Company Act.
Sample 1Sample 2Sample 3
LLC Act has the meaning set forth in the Preamble to this Agreement.
Sample 1Sample 2Sample 3
LLC Act has the meaning set forth in the Recitals.
Sample 1Sample 2Sample 3
LLC Act means the Delaware Limited Liability Company Act, 6 Del.C. §§ 18-101, et seq., as it may be amended from time to time, and any successor to such statute.
Sample 1Sample 2Sample 3
LLC Act means the Delaware Limited Liability Company Act, 6 Del. C. § 18-101 et seq., as amended from time to time.
Sample 1Sample 2Sample 3
LLC Act is defined in the Recitals to this Agreement.
Sample 1Sample 2Sample 3
LLC Act shall have the meaning set forth in Section 2.2.
Sample 1Sample 2Sample 3