Delaware LLC Act definition

Delaware LLC Act means the Delaware Limited Liability Company Act.
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Delaware LLC Act means Chapter 18 of the Delaware Limited Liability Company Act, 6 Del. C. §§ 18-101 et seq., as amended.
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Delaware LLC Act means the Delaware Limited Liability Company Act and any successor statute, as amended, supplemented or restated and in effect from time to time.
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Examples of Delaware LLC Act in a sentence

  • Except as expressly provided to the contrary in this Agreement, the rights, duties, liabilities and obligations of the Members and the administration, dissolution and termination of the Company shall be governed by the Delaware LLC Act.

  • The term of the Company commenced upon the filing of the Certificate of Formation in accordance with the Delaware LLC Act and shall continue in existence until the dissolution of the Company in accordance with the provisions of Article XII.

  • The Managing Member shall do all things necessary to comply with the Delaware LLC Act and is authorized and directed to do all things that it determines to be necessary or appropriate in connection with any future issuance of Units pursuant to the terms of this Agreement, including compliance with any statute, rule, regulation or guideline of any federal, state or other governmental agency.

  • All Units issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-assessable Units in the Company, except as such non-assessability may be affected by Sections 18-607 and 18-804 of the Delaware LLC Act.

  • 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 LLC Act.


More Definitions of Delaware LLC Act

Delaware LLC Act has the meaning assigned to such term in the recitals.
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Delaware LLC Act means the Delaware Limited Liability Company Act, as amended from time to time.
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Delaware LLC Act shall have the meaning specified in Section 3.02.
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Delaware LLC Act has the meaning as set forth in the Recitals of this Agreement.
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Delaware LLC Act is defined in the recitals.
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Delaware LLC Act means the Delaware Limited Liability Company Act, 6 Del. C. Section 18-101, et seq., as amended, supplemented or restated from time to time, and any successor to such statute.
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Delaware LLC Act means the Delaware Limited Liability Company Act as in effect on the date of this Agreement and as amended, restated or replaced from time to time thereafter.
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