Common use of Formation; Term Clause in Contracts

Formation; Term. The Company has been formed by an authorized person pursuant to and in accordance with the provisions of the Delaware Limited Liability Company Act (as it may be amended from time to time, the “Act”). The authorized person filed, on behalf of the Company, a certificate of formation (“Certificate”) conforming to the Act in the office of the Secretary of State of the State of Delaware. The term of the Company began upon the filing of the Certificate and shall continue until a certificate of cancellation of the Company has been filed with the Secretary of State of Delaware in accordance with the Act.

Formation; Term. The Company has been was formed by an authorized person pursuant to and in accordance with the provisions of the Delaware Limited Liability Company Act (as it may be amended from time to time, the “"Act”"). The authorized person filed, on behalf of the Company, a certificate of formation (“"Certificate”") conforming to the Act in the office of the Secretary of State of the State of Delaware. The term of the Company began upon the filing of the Certificate and shall continue until a certificate of cancellation liquidation and termination of the Company has been filed with the Secretary of State of Delaware in accordance with this Agreement or as otherwise required by the Act.