SINGLE MEMBER OPERATING AGREEMENT
Exhibit 3.94
SINGLE MEMBER OPERATING AGREEMENT
OF
SARC/WEST HOUSTON, LLC
Members
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Name, Address, SSN |
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Aggregate |
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Cash Contributed or Agreed |
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Financial |
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Governance |
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Services Contributed |
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ARC
Financial Services Corporation FEIN: ▇▇-▇▇▇▇▇▇▇ |
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100 |
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100 |
% |
$ |
1,000.00 |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Secretary |
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SINGLE MEMBER OPERATING AGREEMENT
SARC/WEST HOUSTON, LLC
Parties to Contribution Agreements
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Name, Address, SS# |
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Class of Membership Interest |
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Amount of Cash or Value of |
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Time at Which Contribution is |
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None |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Secretary |
2
SINGLE MEMBER OPERATING AGREEMENT
SARC/WEST HOUSTON, LLC
Parties to Contribution Allowance Agreements
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Name, Address, SS# |
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Class of Membership Interest |
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Amount of Cash or Value of Property |
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Time at Which |
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None |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Secretary |
3
SINGLE MEMBER OPERATING AGREEMENT
SARC/WEST HOUSTON, LLC
Assignees of Financial Rights
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Name, Address, SS# |
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Name of |
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Amount of Financial Rights Assigned |
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None |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Secretary |
4
SINGLE MEMBER OPERATING AGREEMENT
SARC/WEST HOUSTON, LLC
OPERATING AGREEMENT
Managers
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Chief Manager and President: |
▇▇▇▇▇▇▇ ▇. ▇▇▇▇ |
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Chief Financial Officer, Sr. Vice President, |
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Chief Development Officer |
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Principal Executive Office: |
▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ |
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▇▇▇▇▇ ▇▇▇ |
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▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ |
Except as provided herein, the LLC shall be controlled by the default rules of the Act and the provisions of the Articles. The LLC shall be member-managed. The Membership Interests (Financial Rights and Governance Rights) are as set forth herein. In order to make a distribution greater than the amount required to pay federal income taxes on the income of the LLC, all distributions shall require the consent of the majority of the Members. There shall, to the extent reasonably possible, be annual distributions equal to the federal tax on the taxable income of the LLC. Membership Interests and Financial Rights may only be assigned upon the consent of a majority of the Members. New Members may only be admitted on a Majority Vote of the then existing Members. For these purposes, “Majority Vote” shall mean a majority of the Governance Rights entitled to vote on the matter, or with respect to Members, a majority in number of Members entitled to vote, whether or not present at a meeting. The only dissolution events shall be the having of no Members or a Majority Vote of the Members to dissolve the LLC.
This the 29th day of June, 2001.
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ARC FINANCIAL SERVICES |
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CORPORATION |
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By: |
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ |
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇ |
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President and CEO |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ |
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Secretary |
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