Examples of Sole Member in a sentence
Block Trust, dated January 11, 1991, as amended, Manager and Sole Member STATE OF MISSOURI | COUNTY OF JACKSON | ss On this day of , 2021, before me personally appeared Xxxxxxx X.
Upon the dissolution of the Company, the Company shall (a) proceed to collect its assets; (b) convey and dispose of such of its properties as are not to be distributed in kind to the Sole Member; (c) pay, satisfy, and discharge its liabilities, or make adequate provision for payment and discharge of such liabilities; and (d) do all other acts required to liquidate its business and affairs.
Subject to the provisions of this Agreement, the Sole Member hereby forms the Company as a limited liability company pursuant to the Act.
Upon the filing of the Certificate, his powers as an “authorized person” ceased, and the Sole Member thereupon became the designated “authorized person” and shall continue as the designated “authorized person” within the meaning of the Act.
The Sole Member shall execute, deliver and file any other certificates (and any amendments and/or restatements thereof) necessary for the Company to qualify to do business in Texas and in any other jurisdiction in which the Company may wish to conduct business.