Examples of Operating Member in a sentence
NEW SUNCADIA, LLC, a Delaware limited liability company By: Suncadia Operating Member, LLC a Delaware limited liability company, Its Managing Member By: LDD Suncadia Manager, Inc.
Copies of any material notices or other matters received by the Company shall be promptly delivered by the Operating Member to the Members.
The Operating Member shall cause to be kept, at the principal office of the Company, or at such other location as the Management Committee shall reasonably deem appropriate, full and proper ledgers, other books of account, and records of all receipts and disbursements, other financial activities, and the internal affairs of the Company for at least the current and past four (4) Fiscal Years.
In addition, upon the request of any Member, the Operating Member shall prepare estimates of the projected federal, state and local taxable income of the Company, and the portion thereof allocable to each Member, within a reasonable time period specified by the Member prior to the end of each tax year.
The Operating Member shall permit the officers, agents and representatives of the Paladin REIT (including its attorneys and accountants) to have unfettered access to such financial and other information for the Company at such times as such officer, agent or representatives may reasonably request to enable the Paladin REIT to obtain the information required in order to timely comply with such reporting requirements.