Operating Agreement definition

Operating Agreement has the meaning set forth in the recitals to this Agreement.
Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.
Operating Agreement means this Agreement.

Examples of Operating Agreement in a sentence

  • For the avoidance of doubt, if Hulu transfers Newco Units in accordance with the terms of the Operating Agreement but does not assign to the transferee of such Units its rights under this Agreement with respect to such transferred Units, Hulu shall continue to be entitled to receive the Tax Benefit Payments arising in respect of a subsequent Exchange of such Units.

  • Except as otherwise provided herein or in the BCA or the Operating Agreement, Fubo shall have full responsibility for, and sole discretion over, all tax matters concerning Fubo or Newco, including preparing, filing or amending any Tax Return and defending, contesting or settling any issue pertaining to Taxes.

  • Suffer or permit any transaction with any Affiliate, except (a) on terms not less favorable to the Company or Restricted Subsidiary than would be usual and customary in similar transactions with non-affiliated persons and (b) pursuant to the terms of the ADAC-Strattec LLC Operating Agreement.


More Definitions of Operating Agreement

Operating Agreement means a written agreement by the member of a limited liability company that has 1 member, or between all of the members of a limited liability company that has more than 1 member, pertaining to the affairs of the limited liability company and the conduct of its business. The term includes any provision in the articles of organization pertaining to the affairs of the limited liability company and the conduct of its business.
Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.
Operating Agreement means an agreement of the members as to the affairs of a limited liability
Operating Agreement means the Fund’s Agreement and Declaration of Trust.
Operating Agreement means the operating agreement of BSEF.
Operating Agreement means the Operating Agreement of the Company, as amended from time to time.
Operating Agreement means the Limited Liability Company Agreement of the Company, as it may be amended or restated from time to time.