NLLC definition
Examples of NLLC in a sentence
The Members hereby ratify the execution and filing of the Certificate of Formation, as a result of which the Company was formed as a limited liability company pursuant to the provisions of the NLLC.
Within ninety (90) days following the dissolution and commencement of winding up of the Company, or if at any time there are no Members, certificate of dissolution shall be filed with the Secretary of State of Nevada pursuant to the NLLC.
The Interim Closing Balance Sheet shall be based on the financial condition of RACS, RCMC and NLLC as of the most recent month-end for which the RACS, RCMC and NLLC accounting records are closed.
No person or entity has any right of rescission or claim for damages under any securities or other Laws with respect to the issuance of any of the Shares or the NLLC Membership Interests.
The Shares and the NLLC Membership Interests have been duly and validly issued and are outstanding and fully paid and non-assessable and were offered, issued and sold in compliance with all applicable securities and other Laws.
None of the Shares or NLLC Membership Interests were issued in violation of any preemptive or other rights of any shareholder or member, respectively.
As promptly as practicable after the Closing Date (but in no event later than sixty (60) days after the Closing Date), RSI and its auditors, in close consultation with Allied and its auditors and upon completion of a post-Closing audit of RACS, RCMC and NLLC by RSI's auditors, shall cause a "Final Closing Balance Sheet" to be prepared as of the Closing Date in accordance with GAAP and, in addition, shall cause a "Closing Statement" to be prepared.
In addition to the sale of the Shares and the NLLC Membership Interests described in Section 1.1, in order to facilitate the Business Conveyance, RSI agrees to convey or transfer to the Allied Parties all Affiliated Rights at the Closing, except for any Affiliated Rights that are to be retained by Ryder pursuant to Section 1.3. RSI shall cause any Ryder Affiliate that owns or has rights to an Affiliated Right to convey or transfer the Affiliated Right to one of the Acquired Ryder Entities.
The NLLC Membership Interests consist of all of the issued and outstanding membership interests of NLLC.
The "Final Purchase Price" shall be equal to the sum of $7,400,000 plus the consolidated Net Worth of RACS, RCMC and NLLC as shown on the Final Closing Balance Sheet.