Examples of Seller LLC Agreement in a sentence
Except as otherwise expressly contemplated by the Seller LLC Agreement, the Supporting Seller Unitholder does not have the right to acquire any Equity Securities of the Seller or any Group Company.
Seller has heretofore made available to Purchaser complete and correct copies of the Certificate of Formation and Limited Liability Company Agreement of Seller (including all amendments thereto through the date hereof and, collectively, the "Seller LLC Agreement"), which are the organizational documents for Seller as of the date hereof, and all of which are listed on Section 2.1(a) of the Seller Disclosure Letter.
The Seller LLC Agreement has been duly executed by all Seller Members, is valid and binding on all Seller Members and is enforceable against all Seller Members in accordance with its terms.
Buyer agrees that, notwithstanding Section 8.1(a) of the Seller LLC Agreement, Buyer shall not receive after the Closing any distribution with respect to its Membership Interest from Seller in respect of such distributive shares for any period ending on or prior to Closing.
The Seller LLC Agreement, a copy of which having been delivered to Buyer, is the limited liability company agreement of Seller in force as of the Closing Date and has not been terminated or modified or superseded by any other agreement.