Delaware Llc Merger Agreement

in Sin categoría

Voting by members or managers associated with a series can be done per capita, number, financial interest, class, group or on another basis. (h) A limited liability company may provide that a national limited liability company is not entitled to merge or consolidate in accordance with this Section. All contractual conditions of consolidation or merger are subject to facts that are not outside the agreement, provided that the facts operate under the terms of the contract in a manner expressly set out and clear in the consolidation or merger agreement. The word facts is used in the following sentence and covers any event, including an act of an entity or person, including the company. (k) Subject to paragraphs 18 to 801 of this Title, a series, unless otherwise provided in the social contract with limited liability, may be closed and its affairs settled without the dissolution of the limited liability company entailing. The termination of a series created in accordance with subsection (b) of this section shall not affect the limitation of the liability of that series, in accordance with subsection (b) of this section. . . .

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