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Special meetings of the Executive Committee may be called by, or at the request of, any Member.
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The members of a limited liability company may enter into any operating agreement to regulate or establish the affairs of the limited liability company the.
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The Initial Capital Contributions have been made by wire transfers of good federal funds to a Company account designated by the Executive Committee.
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The invalidity or unenforceability of any particular provision of this Separate Series Agreement shall not affect the other provisions hereof, and this Separate Series Agreement shall be construed in all respects as if such invalid or unenforceable provision was omitted.
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The Parties may resolve any and all disputes arising out of or relating to this Agreement through voluntary negotiation or mediation.
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These are the rules under which the members will interact as an LLC.
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In a TIC, each coowner has a separate fractional shareof undivided property, and all cotenants share a single right of possession of the entire property.
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Upon admission of an assignee as a member, the assignor member ceases to be a member with respect to the assigned membership interest.
When an LLC intends to spell out certain rules and regulations to its members to ensure that they are not carried away by the flexibility of the organizational structure, it uses this corporation operating agreement for the purpose.
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The Executive Committee may, by resolution, appoint one or more individuals as officers, employees, or agents of the Company.
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