Common use of Continuation of Limited Liability Company Clause in Contracts

Continuation of Limited Liability Company. The Members shall continue the Company as a limited liability company pursuant to the provisions of this Agreement and the Act. The terms and provisions hereof will be construed and interpreted in accordance with the Act, provided that in the event of any inconsistency between this Agreement and any waivable provisions of the Act, the provisions of this Agreement shall govern and control.

Appears in 2 contracts

Samples: Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Continuation of Limited Liability Company. The Members shall hereby continue the existence of the Company as a limited liability company pursuant to the provisions of this Agreement and the Act. The terms and provisions hereof will be construed and interpreted in accordance with the Act, provided that in the event of any inconsistency between this Agreement and any waivable provisions of the Act, the provisions of this Agreement shall govern and control.

Appears in 1 contract

Samples: Operating Agreement (Extra Space Storage Inc.)

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Continuation of Limited Liability Company. The Members shall hereby continue the Company as a limited liability company (the "Company") pursuant to the provisions of this Agreement and the Act. The terms and provisions hereof will be construed and interpreted in accordance with the Act, provided that in the event of any inconsistency between this Agreement and any waivable provisions of the Act, the provisions of this Agreement shall govern and control.

Appears in 1 contract

Samples: Operating Agreement (Sunrise Assisted Living Inc)

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