GLLCA definition

GLLCA means the Georgia Limited Liability Company Act.
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GLLCA shall have the meaning set forth in Section 1.2.
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GLLCA means the Georgia Limited Liability Company Act set forth at O.C.G.A. ss.14-1▇-▇▇▇, ▇▇ seq., as amended from time to time, and applicable rules and regulations promulgated thereunder.
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Examples of GLLCA in a sentence

  • No distribution shall be made to Members if prohibited by GLLCA ss.

  • The provisions of GLLCA section 14-1▇-▇▇▇ ▇▇▇ll not apply to the Company.

  • Unless otherwise expressly provided in this Agreement, at any meeting of the Members, a Special Majority Interest, represented either in person or by proxy, shall constitute a quorum for the transaction of business, and an act of a Special Majority Interest shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the GLLCA, by the Articles of Organization, or by this Agreement.

  • Each Manager and Officer shall be entitled to rely on information, opinions, reports or statements, including financial statements or other financial data prepared or presented in accordance with the provisions of GLLCA ss.

  • The Company shall have the right to enter into any contract or transaction with a Member or Manager or Related Person (as defined in GLLCA ss.

  • Each Member's liability shall be limited as set forth in this Agreement, the GLLCA, and other applicable law.

  • The Conversion and the Merger shall have the effects set forth in this Agreement and in the applicable provisions of the GBCC and the Georgia Limited Liability Company Act ("GLLCA").

  • Upon written request of any Member, the Company shall provide a list showing the names, addresses and Membership Interest of all Members, and the other information required by GLLCA ss.14-1▇-▇▇▇ ▇▇▇ maintained pursuant to Section 8.2.

  • This Plan and Agreement of Merger may be amended at any time prior to the Merger Effective time by the Constituent Entities without the prior authorization of their respective boards of directors, management committees, stockholders, members or limited partners, provided that any amendment will be subject to any applicable restrictions imposed by the DRULPA, the GLLCA, the GRULPA, applicable securities laws or their respective constituent documents requiring further organizational approval.

  • At the Effective Time, any holder of Dissenting Member Shares shall cease to have any rights with respect thereto except the rights provided by Article 10 of the GLLCA or as otherwise provided in this Section 1.3.