Examples of New LLC Agreement in a sentence
As a result of the recapitalization transactions and the New LLC Agreement, Planet Fitness, Inc.
The New LLC Agreement will eliminate fiduciary duties to the furthest extent permitted under the Delaware Limited Liability Company Act, other than the implied covenant of good faith and fair dealing.
Any party that is to receive New Membership Interests and shares of New Class B Common Stock shall be a party to the New LLC Agreement and the New Stockholders Agreement and deemed to be bound to the terms of the New LLC Agreement and New Stockholders Agreement from and after the Effective Date, even if not a signatory thereto.
The New LLC Agreement shall be effective as of the Effective Date and, as of such date, shall be deemed to be valid, binding, and enforceable in accordance with its terms, and the Reorganized Partnership, PES Inc., and each holder of New Membership Interests shall be bound thereby.
That is the key to societal resilience: vertical change.12 Lessons learned Tilburg (the Netherlands) and Aarhus (Denmark) provide examples of how the working concepts in resilience can be implemented in practice.