Common use of Series Operation Clause in Contracts

Series Operation. Each of the Series shall operate to the extent practicable as if it were a separate limited liability company. Accordingly, references to the Company herein shall, unless and only to the extent the context otherwise requires, be interpreted to refer to each individual Series severally.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (ETRE Residential, LLC), Limited Liability Company Agreement (Etre Reit, LLC), Limited Liability Company Agreement (Etre Reit, LLC)

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Series Operation. Each of the Series shall operate to the extent practicable as if it were a separate limited liability company. Accordingly, references to the Company herein shallwill, unless and only to the extent the context otherwise requires, be interpreted to refer to treat each individual Series severally.

Appears in 1 contract

Samples: Limited Liability Company Agreement (OneDoor Studios Entertainment Properties LLC)

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