Certificate of Formation definition
Examples of Certificate of Formation in a sentence
The existence of the Company as a separate legal entity shall continue until the cancellation of the Certificate of Formation as provided in the Delaware Act.
The term of the Company commenced on the date that the Certificate of Formation of the Company was filed in the office of the Secretary of State of the State of Delaware and shall continue until the Company is dissolved in accordance with the provisions of this Agreement.
The term of the Company commenced on the day on which the Certificate of Formation was filed with the Secretary of State of the State of Delaware pursuant to the provisions of the Delaware Act.
In addition, the Foundation Members (defined as the core development team listed on the website, which may change from time to time) shall have the power to delegate tasks to any officer, employee, Member or agent of the DAO; furthermore, the Foundation Members shall have ability to make clerical, non-substantive amendment or amendments, any waiver, repeal, amendment, restatement or correction to the Certificate of Formation of the Company and/or this Agreement.
If certificates are issued, then each Member shall be entitled to a certificate stating the number and the class of the Units held by him, in such form, in conformity to law, the Certificate of Formation and this Agreement, as shall be prescribed from time to time by the Board of Managers.