LLC Statute definition

LLC Statute means the Delaware Limited Liability Company Act.
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Examples of LLC Statute in a sentence

  • Each of the MLP and the Company hereby agrees (subject to the provisions of Section 5 below) to hold harmless and indemnify Indemnitee against Expenses to the fullest extent authorized or permitted by law (including the applicable provisions of the Partnership Statute and the LLC Statute).

  • Any amendment, alteration or repeal of the Partnership Statute and the LLC Statute that adversely affects any right of Indemnitee shall be prospective only and shall not limit or eliminate any such right with respect to any Proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment or repeal.

  • Any amendment, alteration or repeal of the Partnership Statute and/or the LLC Statute that adversely affects any right of Indemnitee shall be prospective only and shall not limit or eliminate any such right with respect to any Proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment or repeal.

  • Any amendment, alteration or repeal of the Partnership Statute and the LLC Statute that adversely affects any right of Indemnitee shall be prospective only and shall not limit or eliminate any such right with respect to any proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment or repeal.

  • Each of the MLP and the Company hereby agrees to hold harmless and indemnify Indemnitee against Expenses to the fullest extent authorized or permitted by law (including the applicable provisions of the Partnership Statute and the LLC Statute).

  • The indemnification and advancement of expenses provided by this Agreement shall not deemed exclusive of any other rights to which Indemnitee may be entitled under the MLP Partnership Agreement, the Company LLC Agreement, the Partnership Statute, the LLC Statute, any D&O Insurance, any other agreement, or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office.

  • Corp Nonrenewable LLC Statute Silent Both Yes ILLINOIS Corporation.

  • CA § 4A- 402(d) of the Maryland Limited Liability Company Act (the LLC Statute), provides that “[a] court may enforce an operating agreement by injunction or by granting such other relief which the court in its discretion determines to be fair and appropriate in the circumstances.” The Spectors have not cited any authority that would prevent the application of this provision to the facts of this case.

  • Texas is the most recent, having added series provisions to its LLC Statute in 2009.

  • The Faroese Fólkaskúli offers children free education for a period of ten years.

Related to LLC Statute

  • Governing statute of an organization means the statute that governs the organization's internal affairs.

  • Statute means the Companies Act (As Revised) of the Cayman Islands.

  • the Statutes means the Companies Act and every other act (as may from time to time be amended) for the time being in force in Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Delaware Statutory Trust Statute means the provisions of the Delaware Statutory Trust Act, 12 Del. C.ss.3801, et. seq., as such Act may be amended from time to time.

  • 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.

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

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

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

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

  • common law SPOUSE means two people who have cohabitated as spousal partners for a period of not less than one (1) year.

  • bye-law means a bye-law framed by the corporation under this Act;

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

  • DLLCA means the Delaware Limited Liability Company Act.

  • FBCA means the Florida Business Corporation Act.

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • FW Act means the Fair Work Act 2009, as amended from time to time.

  • Corporation Law means the General Corporation Law of the State of Delaware, as from time to time amended;

  • Company Governing Documents means the Company Bylaws and the Company Certificate.

  • Chapter means a Chapter under this Part;

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

  • NRS means the Nevada Revised Statutes.

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

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

  • Hart-Scott-Rodino Act means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • 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.