New LLC definition

New LLC means a limited liability company formed and owned by Holdings which limited liability company shall be organized under the laws of a state of the United States or the District of Columbia.
New LLC means a 100% owned manager-managed limited liability company under the laws of the State of Delaware formed by the Company as a condition precedent to the Plan of Arrangement, the majority of the managers of which New LLC will be resident in the United States.
New LLC has the meaning set forth in the recitals.

Examples of New LLC in a sentence

  • As a result of the recapitalization transactions and the New LLC Agreement, Planet Fitness, Inc.

  • In June 2018 the new Law of Ukraine on Limited and Additional Liability Companies (New LLC Law) came into effect presenting certain innovations for regulating the formation of a company management body (including general managers).

  • Although the New LLC Law leaves open the theoretical possibility of appointing someone to head such a management body based on either an employment or a civil law contract, and presents additional grounds for termination of employment, the wording of the current version of the New LLC Law is vaguely drafted in this respect.

  • Shares held directly by New Brookfield BPY Retail Holdings II LLC, a Delaware limited liability company (“ New LLC 1”).

  • The New LLC Agreement will eliminate fiduciary duties to the furthest extent permitted under the Delaware Limited Liability Company Act, other than the implied covenant of good faith and fair dealing.


More Definitions of New LLC

New LLC means that newly established non-Debtor Delaware company.
New LLC has the meaning set forth in Section 6.1.
New LLC is defined in Section 9.7.
New LLC means 4Front Merger LLC, a limited liability company existing under the Laws of the State of Delaware and a wholly-owned subsidiary of Nevada Holdco;
New LLC means a Delaware limited liability company to be organized by or on behalf of Michigan prior to the Merger that is wholly-owned by Michigan.
New LLC means a newly formed Delaware limited liability company in which Freedom REIT is the sole member.