Operating Agreement definition

Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

Operating Agreement has the meaning set forth in the recitals to this Agreement.

Examples of Operating Agreement in a sentence

• At the request of the Member, the Member shall execute, acknowledge, swear to, and deliver all certificates and other instruments conforming with this Operating Agreement that are necessary or appropriate to qualify, continue, and terminate the Company as a foreign limited liability company in all such jurisdictions in which the Company may conduct business.

• This Operating Agreement constitutes the entire agreement of the Members relating to the Company and supersedes all prior contracts or agreements with respect to the Company, whether oral or written.

• Except as provided by the Articles or this Operating Agreement, a Member, regardless of the nature of the Member's contribution, may not demand or receive a distribution from this Company in any form other than cash.

• For CTA compliance purposes, the Company Representative understands that, upon execution of the Company Operating Agreement, the Company’s initial Company Applicant(s) shall be relieved from further duties and obligations under the CTA and that it will be the responsibility of the Company and the Company Representative to ensure compliance with any and all ongoing duties and responsibilities related to the Company’s CTA compliance.

• By executing this Operating Agreement, the Company Representative and all Members and Managers agree to the terms and conditions set forth in the CTA Addendum.

More Definitions of Operating Agreement

Operating Agreement means this Agreement.

Operating Agreement means a written agreement by the member of a limited liability company that has 1 member, or between all of the members of a limited liability company that has more than 1 member, pertaining to the affairs of the limited liability company and the conduct of its business. The term includes any provision in the articles of organization pertaining to the affairs of the limited liability company and the conduct of its business.

Operating Agreement means the Operating Agreement of the Company, as amended from time to time.

Operating Agreement means an agreement of the members as to the affairs of a limited liability

Operating Agreement means the operating agreement of BSEF.

Operating Agreement means the Fund’s Agreement and Declaration of Trust.

Operating Agreement means the Joint Operating Agreement entered by the constituents of the Contractor in accordance with Article 7, with respect to conduct of Petroleum Operations.