LLC Act definition

LLC Act means the Delaware Limited Liability Company Act, as amended.
LLC Act means the Delaware Limited Liability Company Act, as amended from time to time; provided, however, that if any amendment to the LLC Act, or any succeeding or successor law, is applicable to the Company only if the Company has elected to be governed by the LLC Act as so amended or by such succeeding or successor law, as the case may be, the term "LLC Act" shall refer to the LLC Act as so amended or to such succeeding or successor law only after the appropriate election by the Board with the Consent of the Members.
LLC Act has the meaning set forth in the Recitals.

Examples of LLC Act in a sentence

  • In addition, the Company shall keep all records required to be kept pursuant to the LLC Act.

  • The Company shall have all powers reasonably incidental, necessary, suitable or convenient to effect the foregoing purposes, including all powers granted under the LLC Act.

  • Notwithstanding any other provision of this LLC Agreement, the LLC Act or other applicable law, any Basic Document executed prior to the date hereof by any Member, Manager or officer on behalf of the Company is hereby ratified and approved in all respects.

  • Upon obtaining the approval of any amendment, supplement or restatement as to the Certificate of Formation, the Member on behalf of the Company shall cause a Certificate of Amendment or Amended and Restated Certificate of Formation to be prepared, executed and filed in accordance with the LLC Act.

  • As soon as possible following the occurrence of any of the events specified in Section 9.02 and the completion of the winding up of the Company, the Person winding up the business and affairs of the Company, as an authorized person, shall cause to be executed a Certificate of Cancellation of the Certificate of Formation and file the Certificate of Cancellation of the Certificate of Formation as required by the LLC Act.


More Definitions of LLC Act

LLC Act has the meaning set forth in the Preamble to this Agreement.
LLC Act means the Delaware Limited Liability Company Act, as amended, as in effect on the date hereof (currently Chapter 18 of Title 6, Sections 18-101 through 18-1109 of the Delaware Code) and as it may be amended hereafter, from time to time.
LLC Act shall have the meaning set forth in Section 2.2.
LLC Act has the meaning set forth in the recitals of this Agreement.
LLC Act means the Limited Liability Company Act of the State of Delaware.
LLC Act shall have the meaning specified in Section 1.1.
LLC Act means the Delaware Limited Liability Company Act, 6 Del. C. Sections 18-101 et seq.