Rights and Obligations of Members and Manager Sample Clauses

Rights and Obligations of Members and Manager. 31 Section 7.01 Limitation of Liability and Duties of Members 31 Section 7.02 Lack of Authority 32 Section 7.03 No Right of Partition 32 Section 7.04 Indemnification 32 Section 7.05 Members Right to Act 33 Section 7.06 Inspection Rights 34 Article VIII. BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 34 Section 8.01 Records and Accounting 34 Section 8.02 Fiscal Year 35 Article IX. TAX MATTERS 35 Section 9.01 Preparation of Tax Returns 35 Section 9.02 Tax Elections 35 Section 9.03 Tax Controversies 35 Article X. RESTRICTIONS ON TRANSFER OF UNITS; PREEMPTIVE RIGHTS 36 Section 10.01 Transfers by Members 36 Section 10.02 Permitted Transfers 37 Section 10.03 Restricted Units Legend 37 Section 10.04 Transfer 38 Section 10.05 Assignee’s Rights 38 Section 10.06 Assignor’s Rights and Obligations 38 Section 10.07 Overriding Provisions 39 Section 10.08 Spousal Consent 40 Section 10.09 Drag-Along Rights 40 Article XI. REDEMPTION AND EXCHANGE RIGHTS 41 Section 11.01 Redemption Right of a Member 41
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Rights and Obligations of Members and Manager. 32 ARTICLE VIII BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 34 ARTICLE IX TAX MATTERS 35 ARTICLE X RESTRICTIONS ON TRANSFER OF UNITS; CERTAIN TRANSACTIONS 36 ARTICLE XI RESERVED 40 ARTICLE XII ADMISSION OF MEMBERS 40
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Rights and Obligations of Members and Manager. 39 ARTICLE VIII BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 42 ARTICLE IX TAX MATTERS 42
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Rights and Obligations of Members and Manager. 31 Section 7.01 Limitation of Liability and Duties of Members and Manager 31 Section 7.02 Lack of Authority 32 Section 7.03 No Right of Partition 32 Section 7.04 Indemnification 32 Section 7.05 Inspection Rights 33 Article VIII. BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 33 Section 8.01 Records and Accounting 33 Section 8.02 Fiscal Year 34 Article IX. TAX MATTERS 34 Section 9.01 Preparation of Tax Returns 34 Section 9.02 Tax Elections 34 Section 9.03 Tax Controversies 34
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Rights and Obligations of Members and Manager 
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Related to Rights and Obligations of Members and Manager

  • Rights and Obligations of Party A 1. Party A undertakes to take the following responsibilities in the capacity of IDC service provider and Internet access service provider in accordance with relevant laws and regulations, and shall be held liable for all losses incurred by Party B arising from its failure to perform any of such responsibilities: (1) Party A warrants that its clients will be in strict compliance with relevant laws, regulations and administrative rules, such as the Internet Information Services Administrative Measures, the Computer Information Network Worldwide Web Security Protection Administrative Measures, and the Internet Electronic Bulletin Services Administrative Regulations, in connection with any activity under this Agreement, and may not use any leased services for any purposes which may endanger national security, divulge state secrets, commit any crime or any other acts which may impair social security. (2) If any client of Party A is in breach of any laws, regulations and administrative rules in connection with use of any services under this Agreement, Party A shall immediately suspend its services to the client up to termination part or the whole of this Agreement, and shall concurrently notify Party B. If any competent government agency issues any forbidding order or similar requirement relating to any services under this Agreement, Party A shall comply with such order or requirement immediately. (3) Party A warrants that the contents provided by its clients will not infringe the valid rights of any other party and, if there occurs any such infringement, Party A shall be liable for all losses incurred by Party B arising thereof. 2. Party A warrants that all software and hardware equipment/systems under its hosting as well as any other services provided based thereon have all requisite licenses and authorizations, and continue to maintain such licenses and authorizations during the term of this Agreement. 3. Party A will be responsible for the transportation, installation, operation, maintenance, as well as data security, backup and deletion regarding all software and hardware equipment/systems under its hosting, and will cause designated employee to conduct coordination with the technical personnel of Party B. Any breakdown arising from the server of Party A shall be revolved by Party A promptly. 4. Party A warrants that the equipment under its hosting is in compliance with national standards on electronics and communication equipment, and all systems installed upon such equipment is in compliance with relevant communication standards. 5. Party A will make payment of fees in the amount and timeframe provided under this Agreement.