Series of the Company Sample Clauses

Series of the Company. In accordance with this Agreement, the Founder may from time to time form such Series of the Company as may be necessary to meet the Company’s business objectives (See Article 4.1).
AutoNDA by SimpleDocs
Series of the Company. (a) Subject to the provisions of this Agreement and Delaware Act, the Manager may, at any time and from time to time and in compliance with paragraph (c), cause the Company to establish in writing, in substantially the form attached hereto as Exhibit A (each, a “Series Designation”) one or more series, as such term is used under Section 18-215 of the Delaware Act (each a “Series”). The Series Designation shall relate solely to the Series established thereby and shall not be construed: (i) to affect the terms and conditions of any other Series, or (ii) to designate, fix or determine the rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests associated with any other Series, or the Members associated therewith. The terms and conditions for each Series established pursuant to this Section shall be as set forth in this Agreement and the Series Designation, as applicable, for the Series. Upon approval of any Series Designation by the Manager, such Series Designation shall be attached to this Agreement as an Exhibit B until such time as none of such Interests of such Series remain Outstanding.
Series of the Company. Notwithstanding anything in this Agreement to the contrary, the assets of each Fund and class of shares of a Fund shall be separate and distinct from the assets of any other Fund or class of shares of a Fund and only the assets of a Fund or class of shares of a Fund that is the subject of a Proceeding may be used to satisfy the indemnification obligations relating to such Proceeding, as reasonably determined by the Board.
Series of the Company 

Related to Series of the Company

Time is Money Join Law Insider Premium to draft better contracts faster.