Operating Agreement definition

Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.
Operating Agreement means this Agreement.
Operating Agreement has the meaning set forth in the recitals to this Agreement.

Examples of Operating Agreement in a sentence

  • The undersigned hereby agree, acknowledge, and certify that the foregoing operating agreement is adopted and approved by each member, the agreement consisting of pages, constitutes, together with Exhibit 1, Exhibit 2 and Exhibit 3, the Operating Agreement of Xtreme Sports Marketplace, LLC, adopted by the members as of November 11 , 2014 .

  • In addition to any other terms or conditions that may be directed by a Host City or Party Representative, each Operating Agreement will, to the maximum extent permitted by law, require the Center Operator to defend, indemnify, and hold the Parties harmless from and against any and all claims or damage to person or property relating to or arising from the Center Operator’s management and operation of a Navigation Center.

  • The Host City will enter into an Operating Agreement with a Center Operator for comprehensive and “turnkey” day-to-day management and operation of the Navigation Center located within its jurisdiction.

  • Prior to a Host City’s commencement of a solicitation for a Center Operator, the Party Representatives shall work cooperatively and in good faith to develop minimum experience and qualifications, as well as general standards, terms, and conditions to be included in an Operating Agreement necessary and appropriate to protect the Parties’ respective interests.

  • This Company Operating Agreement is entered into and shall become effective as of the Effective Date by and among the Company and the persons executing this Agreement as Members.


More Definitions of Operating Agreement

Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.
Operating Agreement means a written agreement by the member of a limited liability company that has 1 member, or between all of the members of a limited liability company that has more than 1 member, pertaining to the affairs of the limited liability company and the conduct of its business. The term includes any provision in the articles of organization pertaining to the affairs of the limited liability company and the conduct of its business.
Operating Agreement means an agreement of the members as to the affairs of a limited liability
Operating Agreement means the operating agreement of BSEF.
Operating Agreement means the Fund’s Agreement and Declaration of Trust.
Operating Agreement means the Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 5, 1998, as the same has been shall be amended in accordance with its terms.