Examples of Xxxxxxxx Islands Limited Liability Company Act in a sentence
The Merger shall be conducted in accordance with and shall have the effects set forth in this Agreement and the applicable provisions of Xxxxxxxx Islands Limited Liability Company Act and the Xxxxxxxx Islands Limited Partnership Act.
Such membership interests have been duly authorized and validly issued in accordance with the limited liability company agreement of OLP GP and are fully paid (to the extent required under the limited liability company agreement of OLP GP) and nonassessable (except as such nonassessability may be affected by Sections 20, 31, 40 and 49 of the Xxxxxxxx Islands Limited Liability Company Act and except as may otherwise be provided in the limited liability company agreement of OLP GP).
Such membership interests have been duly authorized and validly issued in accordance with the limited liability company agreement of the OLP GP and is fully paid (to the extent required under the limited liability company agreement of the OLP GP) and nonassessable (except as such nonassessability may be affected by Section 31 of the Xxxxxxxx Islands Limited Liability Company Act and subject to the provisions of the limited liability company agreement of the OLP GP).
Such membership interests have been duly authorized and validly issued in accordance with the limited liability company agreement of the General Partner and is fully paid (to the extent required under the limited liability company agreement of the General Partner) and nonassessable (except as such nonassessability may be affected by Section 31 of the Xxxxxxxx Islands Limited Liability Company Act and subject to the provisions of the limited liability company agreement of the General Partner).
At the Effective Time and upon the terms and subject to the conditions of this Agreement and in accordance with the Xxxxxxxx Islands Limited Liability Company Act (the “MILLCA”), (i) Oaktree Holdco shall be merged with and into Oaktree Holdco Merger Sub and (ii) Xxxxxx Holdco shall be merged with and into Xxxxxx Holdco Merger Sub.
The Company has been formed as a Xxxxxxxx Islands limited liability company under and pursuant to the Xxxxxxxx Islands Limited Liability Company Act of 1996 (of the Republic of the Xxxxxxxx Islands Associations Law) (the “Act”), as the same may be amended from time to time.
At the Effective Time and subject to and upon the terms and conditions of this Agreement and the Republic of the Xxxxxxxx Islands Limited Liability Company Act (the “MILLCA” ), (a) Poseidon Merger Sub shall be merged with and into Poseidon Holdco and (b) K&T Merger Sub shall be merged with and into K&T Holdco.
Such membership interests have been duly authorized and validly issued in accordance with the limited liability company agreement of OLP GP and are fully paid (to the extent required under the limited liability company agreement of OLP GP) and nonassessable (except as such nonassessability may be affected by Sections 20, 31, 40 and 49 of the Xxxxxxxx Islands Limited Liability Company Act of 1996 and except as may otherwise be provided in the limited liability company agreement of OLP GP).
By: /s/ Xxxxxxxx Xxxxxxxxxxxxx Name: Xxxxxxxx Xxxxxxxxxxxxx Title: Secretary [Signature page to limited liability company agreement of Navios Maritime Containers GP LLC] Exhibit 1 CERTIFICATE OF FORMATION OF NAVIOS MARITIME CONTAINERS GP LLC Under Section 9 of the Republic of the Xxxxxxxx Islands Limited Liability Company Act The undersigned, Xxxxxxx X.
The following terms used in this Agreement shall have the following meanings (unless otherwise expressly provided in this Agreement): “Act” means the Xxxxxxxx Islands Limited Liability Company Act of 1996 of the Republic of the Xxxxxxxx Islands Associations Law, as the same may be amended from time to time.