Michigan Act definition
Examples of Michigan Act in a sentence
In determining whether these exemptions from registration under the Securities Act, the Michigan Act, or other applicable securities laws, are available, the Company is relying upon your representations, warranties and covenants contained in this Agreement, and upon those of other purchasers of the Company's Floating Rate Subordinated Notes.
You are aware that the Company intends to issue the Note and the other Floating Rate Subordinated Notes pursuant to an exemption from registration under Rule 506 of Regulation D or Section 4(2) of the Securities Act of 1933 (the "Securities Act"), and under Section 402(b)(9) of the Michigan Uniform Securities Act (the "Michigan Act"), or without registration under the Michigan Act in reliance on Section 18 of the Securities Act.
The primary business and purpose of the Company shall be to engage in such activities as are permitted under the Michigan Act and determined from time to time by the Managing Member in accordance with the terms and conditions of this Agreement.
Except as otherwise specifically set forth in this Agreement, the Managing Member shall be deemed to be a “manager” for purposes of applying the Michigan Act.
Such office and such agent may be changed to such place within the State of Michigan and any successor registered agent, respectively, as may be determined from time to time by the Managing Member in accordance with the Michigan Act.
The Members hereby agree that the Company and its Subsidiaries shall be governed by the terms and conditions of this Agreement and, except as provided herein, the Michigan Act.
Except as expressly provided in this Agreement or the Michigan Act, the day-to-day business and affairs of the Company and its Subsidiaries shall be managed, operated and controlled by the Managing Member in accordance with the terms of this Agreement and no other Members shall have management authority or rights over the Company or its Subsidiaries.
The Managing Member or an “authorized agent” within the meaning of the Michigan Act shall file and record any amendments or restatements to the articles of organization of the Company and such other certificates and documents (and any amendments or restatements thereof) as may be required under the laws of the State of Michigan and of any other jurisdiction in which the Company may conduct business.
This corporation, having been duly incorporated under the state of Michigan Act No. 137 of the Public Acts of 1929, as amended on July 5, 1985, shall be known as the ▇▇▇▇▇▇ Lake Point Property Owners Association, Incorporated (the “Corporation”).
If, within said two (2) year period, the employee shall become qualified for assistance under Michigan Act 345, as amended, or if the employee becomes able to work in some business or occupation other than regular employment at the time of injury which will pay an amount substantially equal to or more than that allowed by Public Act 345 for total disability retirement, the City's amount shall be terminated.