Initial Membersmeans those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members. Associate Membersmeans the individuals or firms which have agreed to Joint Venture in connection with the Project; ...
New California LLC Law Requires Members to Reconsider Their Operating AgreementJoel M. BernsteinSarah Steigleder
Whether LLC members participate in the day-to-day management of the business depends on the LLC’s Articles of Organization or the operating agreement. Some LLCs may restrict management to “managers,” leaving other members as investors. Other LLCs let all members contribute to the daily operat...
aMember only powers.notwithstanding any other provision of this Agreement,only the Members may by consent:sell or encumber(but not lease)any real estate or other tangible property owned by the LLC,or incur debt,expend funds,or otherwise obligate the LLC if the debt,expenditure,or other obligatio...
aWhenever in this Agreement the term “Purchase Price” is used, it shall be defined and decided by Members of M&C Pump Americas, LLC for each Partnership interest, reduced by the amount, if any, which is owed by the Partner to a bank on any loan which is guaranteed by the other Partn...
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Member(s) of the Company shall only entitle such person or entity to the allocations and distributions to which the assigned interest is entitled, unless such person or entity applies for admission to the Company and is admitted to the Company as a Member(s) in accordance with this Agreement...
b.To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge. 2.To convert (assets) into cash. 3.To eliminate, especially by killing. v.intr. 1.To settle a debt, claim, or obligation. ...
date of the domain name registrant's agreement with the sponsoring registrar. Users may consult the sponsoring registrar's Whois database to view the registrar's reported date of expiration for this registration. TERMS OF USE: You are not authorized to access or query our Whois ...
date of the domain name registrant's agreement with the sponsoring registrar. Users may consult the sponsoring registrar's Whois database to view the registrar's reported date of expiration for this registration. TERMS OF USE: You are not authorized to access or query our Whois database throug...