Operating Agreement definition

Operating Agreement has the meaning set forth in the recitals to this Agreement.

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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

• Please read this Agreement, the Offering Circular, and Groundfloor’s Operating Agreement (the “Operating Agreement”).

• When this Subscription Agreement is countersigned by Groundfloor, the Operating Agreement shall be binding upon the undersigned as of the settlement date.

• If JBS exercises its Right of Parity, the Parties shall amend the Operating Agreement to incorporate the commercial condition into the Operating Agreement.

• Upon the Manager’s request, Groundfloor hereby agrees to provide the Manager with the personnel, services and resources necessary for the Manager to perform the services and activities for the Company pursuant to the Operating Agreement, including, without limitation, the services and activities described on Exhibit A attached hereto (the “Services”), in consideration of the payment of the fees described in Section 3 hereof, during the term of this Agreement.

• The Subscriber also acknowledges and agrees that, pursuant to the terms of the Operating Agreement, the Subscriber’s ownership of our Common Shares cannot cause any other person to violate the foregoing limitations on ownership.

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 Amended and Restated Operating Agreement of the Company, as in effect as on the Issue Date, as such agreement may be amended, restated, replaced or otherwise modified from time to time.

Operating Agreement means the Operating Agreement of the Company, as amended from time to time.