Common Contracts
1 similar Operating Agreement contracts
OPERATING AGREEMENT OFOperating Agreement • January 6th, 2022
For good and valuable consideration, the receipt of which is hereby acknowledged by the parties, this OPERATING AGREEMENT (the “Operating Agreement”) is made and entered into by Royal Swiss Credit Union & Capital Trust, Delaware Statutory Trust (the “Trust”),(the “trustee” and Organizer of the trust), and, as applicable, those who have executed subscriptions agreeing to be bound as Members to this Operating Agreement and those parties later bound to this Agreement. To the extent this Agreement is executed before the filing of a Certificate of Organization with the Delaware Secretary of State, the parties agree that this Agreement shall become the Operating Agreement of Royal Swiss Credit Union & Capital Trust, Delaware Statutory Trust upon formation of the Delaware Statutory Trust.
