Change in Form definition

Change in Form has the meaning set forth in Section 11.1.
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Change in Form means a transaction or series of transactions undertaken to permit the Company to be conducted in a form different from that of a Delaware corporation taxed as a C-corporation.
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Change in Form has the meaning ascribed to it in Section 10.4(d) above.
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Examples of Change in Form in a sentence

  • The Members acknowledge that a Change in Form pursuant to this Section 6.1 may be effected by the Company one or more times during the existence of the Company, including any successor Company due to a previous Change in Form.

  • Any Change in Form pursuant to this Section 6.2 may be completed by the Manager with no further action by any Member acting in the capacity of a Member and no individual Member shall have any veto or other right to vote on a Change in Form.

  • The Manager shall effect the Change in Form in such manner as determined by the Manager to fairly represent the relative economic and other rights of the Members as members of the Company at the time and shall strive to minimize taxes and costs to be incurred by the Company, the Members or the resulting entity (subject to the requirements of Section 6.2(b)).

  • Each Member hereby agrees to take any and all action that may be necessary or desirable both from and after the filing of the registration statement made in connection with a Change in Form approved pursuant to this Section 6.2, including any such action necessary or desirable to achieve the Federal or other tax effect of the Change in Form desired by the Manager at the time of the Change in Form.

  • No Member shall have or be entitled to any appraisal rights or similar minority interest holder rights in connection with any Sale of the Company, reorganization, Change in Form or any similar transaction involving the Company or the Interests.

  • Change in Form of Business Organization If, during the term of this Contract, the form of CONTRACTOR’s business organization changes, or the ownership of CONTRACTOR changes, or when changes occur between CONTRACTOR and other businesses that could impact services provided through this Contract, CONTRACTOR shall promptly notify ADMINISTRATOR, in writing, detailing such changes.

  • Any Change in Form pursuant to this Section 11.1 may be completed by the Board of Managers with no further action by any Member acting in the capacity of a Member and no Member shall have any veto or other right to vote on a Change in Form.

  • The Members acknowledge that a Change in Form pursuant to this Section 11.1 may be effected by the Company one or more times during the existence of the Company, including any successor Company due to a previous Change in Form.

  • The Board of Managers shall effect the Change in Form in such manner as determined by the Board of Managers (as provided for in this Agreement) to fairly represent the relative economic and other rights of the Members as members of the Company at the time and shall strive to minimize taxes and costs to be incurred by the Company, the Members or the resulting entity (subject to the requirements of Section 11.3).

  • Each Member hereby agrees to take any and all action that may be necessary or desirable in connection with a Change in Form authorized by the Board of Managers pursuant to this Section 11.1 including any such action necessary or desirable to achieve the Federal or other tax effect of the Change in Form desired by the Board of Managers at the time of the Change in Form.


More Definitions of Change in Form

Change in Form shall have the meaning set forth in Section 8.3.
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Change in Form is defined in Section 9.1.
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Change in Form means a transaction or series of transactions under which the Company be conducted in a form different from that of a Delaware limited liability company taxed as a partnership, for example a conversion in the a C-corporation.
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Related to Change in Form

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Change in Control Transaction means the occurrence of any of the following events:

  • Change in Control Date means the date on which a Change in Control occurs.

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • 409A Change in Control means a "Change in Control" which also constitutes a change in ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company, all within the meaning of § 409A.