Examples of Term of the Company in a sentence
The President of the Company shall notify each Member in writing at least six months prior to each such two-year notification date that the Term of the Company will be automatically extended unless a Member provides a notice to the contrary pursuant to this Section 2.03.
The Term of the Company commenced on the date of filing of the Certificate of Formation and shall continue in full force and effect until the Company is dissolved and liquidated as set forth herein and a Certificate of Cancellation is filed with the office of the Secretary of State of Delaware in accordance with Section 10.7 hereto.
The Members, the Representatives and the Alternates all hereby covenant to act in good faith and in accordance with fair dealing with respect to this Agreement and the Company during the Term of the Company.
The Term of the Company shall commence on the date of ---- filing the Company's Certificate with the Delaware Secretary of State and shall end on August 12, 2028, unless extended or unless sooner terminated pursuant to this Agreement.
The failure of the President of the Company to give such notice, or any defect in any notice so given, shall not affect the Members' rights to terminate the Term of the Company pursuant to this Section 2.03, and shall not result in a termination of the Term of the Company unless a Member provides a notice to the contrary pursuant to this Section 2.03.
Such indemnity shall survive the termination or expiration of the Term of the Company, the sale of all of the assets of the Company and the transfer or sale of the Interest of the indemnifying Member.
The Initial Term, together with any such extensions, is hereinafter referred to as the "Term of the Company".
No Member shall have the right to withdraw from the Company or to demand a return of all or any part of its Capital Contribution during the Term of the Company and any return of any such Capital Contribution shall be made solely from the distributions pursuant to the provisions of Article VII and Article IX.
Term of the Company The Company has been incorporated with an unlimited duration (period of time).
In conjunction with the expiration of the Term of the Company, the Members will continue to cooperate with each other in all matters related to the winding-up or the dissolution of the Company, and to provide all assistance reasonably requested by any other Member.