LLC Conversion definition

LLC Conversion has the meaning specified in the recitals hereto.

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LLC Conversion means the conversion of any Subsidiary of the Borrower that is a U.S. Subsidiary from a corporation into a limited liability company.

LLC Conversion means the conversion of any Restricted Subsidiary of the Borrower that is a U.S. Subsidiary from a corporation into a limited liability company.

Examples of LLC Conversion in a sentence

The Contribution Date and the QSub Election occurred effective on the same day, which day was at least two (2) Business Days prior to the Closing Date, and the LLC Conversion occurred at least one (1) Business Day after the Contribution Date and at least one (1) Business Day before the Closing Date.
Section 3.01 of the Disclosure Schedule sets forth each jurisdiction in which the Company was licensed or qualified to do business prior to the consummation of the LLC Conversion, and except as set forth on Section 3.01 of the Disclosure Schedule, the Company is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such licensing or qualification necessary.

More Definitions of LLC Conversion

LLC Conversion has the meaning assigned to such term in the Separation Agreement.

LLC Conversion means the conversion of the Target into a limited liability company.

LLC Conversion is defined in the Recitals to this Agreement.

LLC Conversion has the meaning assigned to such term in the Recitals hereto.

LLC Conversion means, together with related transactions, the conversion of GMAC LLC into a corporation on June 30, 2009 through a statutory conversion

LLC Conversion means the conversion of GMAC LLC into a corporation on June 30, 2009 through a statutory conversion.

LLC Conversion has the meaning given in the Recitals.