Intent of this Agreement. The parties to this Agreement have reached an understanding concerning: (i) their business relationship with each other in connection with the purpose of the Company; and (ii) the organization and operation of the Company and its business. The parties intend this Agreement to control the business and affairs of the Company, including the Company's governance structure, the Company's dissolution, winding up, liquidation and termination, and the relations between the Company's Members.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Mechanical Technology Inc), Limited Liability Company Agreement (Mechanical Technology Inc)
Intent of this Agreement. The parties to this Agreement have reached an understanding concerning: concerning various aspects of (i) their business relationship with each other in connection with the purpose of the Company; and (ii) the organization and operation of the Company and its business. The Therefore, the parties intend this Agreement to control control, to the extent stated or fairly implied, the business and affairs of the Company, including the Company's governance structure, structure and the Company's dissolution, winding up, liquidation and termination, and as well as the relations between amongst the Company's Members.
Appears in 1 contract
Sources: Member Control Agreement (Ag-Chem Equipment Co Inc)