Formation and Organization Sample Clauses

Formation and Organization. 4 Section 2.1 Formation ...........................................................................................................4 Section 2.2 Name ..................................................................................................................4 Section 2.3 Offices ................................................................................................................4 Section 2.4 Term of the Partnership .....................................................................................5 Section 2.5 Purpose of the Partnership .................................................................................5 Section 2.6 Actions by the Partnership .................................................................................5 Section 2.7 Admission of Limited Partners ..........................................................................5 ARTICLE 3 CAPITAL ....................................................................................................................6 Section 3.1 Contributions to Capital .....................................................................................6 Section 3.2 Rights of Partners in Capital ..............................................................................6 Section 3.3
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Formation and Organization. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, has requisite power and authority to carry on its business as now conducted, and to own and lease operate its properties and other assets as now owned or leased.
Formation and Organization. The Member (a) acknowledges, confirms and ratifies the formation of the Company as a limited liability company under the Delaware Limited Liability Company Act (the “Act”) upon the filing of the Company’s Certificate of Formation (in the form attached hereto as Exhibit A) with the Secretary of State of the State of Delaware on July 8, 2020; and (b) agrees that this Agreement constitutes the “limited liability company agreement” of the Company within the meaning of Act.
Formation and Organization. 13 2.01. Formation...................................................... 13 2.02. Name, Place of Business and Office............................. 13 2.03. Purpose........................................................ 14 2.04. Term........................................................... 15
Formation and Organization. On February 28, 2011, the Company was formed as a Delaware limited liability company pursuant to the LLC Act by filing the Certificate of Formation with the Delaware Secretary of State. The rights and obligations of the Company and the Members shall be as provided in the LLC Act, the Certificate of Formation and this Agreement. This Agreement is subject to, and governed by, the LLC Act and the Certificate of Formation.
Formation and Organization. 1 Section 2.1 Formation ............................................................. 1 Section 2.2 Name .................................................................. 1 Section 2.3 Registered Office; Registered Agent; Principal and Other Offices ...... 1 Section 2.4
Formation and Organization. The Company has been formed as a Delaware limited liability company by the filing of the Certificate of Formation of the Company (the “Certificate of Formation”) on October 26, 2009 in the office of the Secretary of State of the State of Delaware under and pursuant to the Act. The execution of the Certificate of Formation by Xxxxxx X. Xxxxxx, in his capacity as an authorized person, is hereby ratified and confirmed by each of the Members. Upon the filing of the Certificate of Formation with the Secretary of State of the State of Delaware, such Xxxxxx X. Xxxxxx’x xxxxxx as an “authorized person” within the meaning of the Act ceased. The Members hereby agree that during the term of the Company, the rights and obligations of the Members with respect to the Company will be determined in accordance with the terms and provisions of this Agreement and the Act, except where the Act provides that such rights and obligations specified in the Act shall apply “unless otherwise provided in a limited liability company agreement” or words of similar effect and such rights and obligations are set forth in this Agreement. Notwithstanding anything herein to the contrary, Section 18-210 of the Act (entitled “Contractual Appraisal Rights”) shall not apply or be incorporated into this Agreement.
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Formation and Organization. The Company is a is a corporation duly organized and validly existing under the Laws of the jurisdiction of its formation and has all requisite power and authority to own the Greenstone Interests.
Formation and Organization. Section 2.1. Prior Agreements and Successor Parties. Prior agreements entered into before the date of organization of the Company by and among the persons named below as Members are superseded and replaced by this Operating Agreement bay and among the persons named below as initial Members of the Company.
Formation and Organization. The Company has been formed as a limited liability company under the TBOC as a result of the filing of the Certificate of Formation of the Company (the “Certificate of Formation”) in the office of the Secretary of State of the State of Texas. The execution of the Certificate of Formation by the organizer set forth therein is hereby ratified and confirmed by each of the Members. Upon the execution and delivery of this Agreement, the rights, duties and obligations of the Members in connection with the regulation and management of the Company and the other matters provided for herein shall be as set forth in this Agreement and, except as otherwise expressly provided herein, the TBOC.
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