DLLCA Clause Samples
The DLLCA clause refers to provisions derived from the Delaware Limited Liability Company Act, which governs the formation, operation, and dissolution of LLCs in Delaware. This clause typically outlines how the LLC will be managed, the rights and duties of members and managers, and the procedures for amending the operating agreement or handling disputes. By referencing the DLLCA, the clause ensures that the LLC operates within the legal framework established by Delaware law, providing predictability and legal certainty for all parties involved.
DLLCA. “DLLCA” shall have the meaning set forth in the recitals.
DLLCA. “DLLCA” shall mean the Delaware Limited Liability Company Act, as amended.
DLLCA. 1 DOJ........................................................................48
DLLCA. Section 2.1 Domestication. Recitals Earn-Out Measurement Period. Section 3.7(a) Earn-Out Objection Notice. Section 3.7(b) Earn-Out Payment. Section 3.7(a)
DLLCA. The AH Merger shall have the effects set forth in Section 18-209 of the DLLCA.