Series Agreement definition
Examples of Series Agreement in a sentence
Series I has been formed as a registered series of the Company by the execution, delivery and filing in the office of the Secretary of State of the State of Delaware of the Series I Certificate on March 11, 2025 by an “authorized person” of the Company pursuant to and in accordance with the Act and the adoption of the Series I Series Agreement.
Series II has been formed as a registered series of the Company by the execution, delivery and filing in the office of the Secretary of State of the State of Delaware of the Series II Certificate on March 11, 2025 by an “authorized person” of the Company pursuant to and in accordance with the Act and the adoption of the Series II Series Agreement.
For the avoidance of doubt a Person’s execution and delivery of this Agreement by electronic signature and electronic transmission (jointly, an “Electronic Signature”), including via DocuSign or other similar method, shall constitute the execution and delivery of a counterpart of this Agreement by or on behalf of such Person and shall bind such Person to the terms of this Agreement and any applicable Series Agreement.
The terms of each Series shall be as set forth in this Agreement and in a separate Series Agreement for each Series as previously executed and attached hereto to as Exhibit I and incorporated herein by reference, but with any changes therein that the Board of Directors may determine in its sole discretion and without the consent of any Member or any other Person.
The purpose of the Company and, unless otherwise provided in the Series Agreement of a Series, each Series, is to engage, directly or indirectly, in any business activity that that may be engaged in by a limited liability company formed under the Act, as such business activities may be determined by the Board of Directors from time to time.