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COOTodo.md
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COOTodo.md
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- D&BSN
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- sam
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- Finalize operating agreement with following series language
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```
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series language
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Notice of Limitation on Liability of Series
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The Company Agreement may establish or provide for the establishment of one or more designated series of members, managers, membership interests, or assets that (1) has separate rights,
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powers, or duties with respect to specified property or obligations of the Company or profits and losses associated with specified property or obligations, or (2)
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has a separate business purpose or investment objective.
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Subject to the provisions of the Texas Business Organizations Code (1) the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with
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respect to a particular series shall be enforceable against the assets of that series only, and shall not be enforceable against the assets of the Company generally
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or any other series, and (2) none of the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Company generally –
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or any other series – shall be enforceable against the assets of a particular series.
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Specific series of assets shall be separately labeled or enumerated in such a manner as to identify each series’ assets, structure, and operations.
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Pursuant to §101.614 of the Texas Business Organizations Code, and as ore fully set forth in the Company Agreement,
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a specific series and its business and affairs ay be wound up and terminated without causing the winding up of the Company.
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The winding up of a series shall not affect the litigation of liability of members and managers of other series or the Company at large.
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```
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- Contract execution
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- NDA
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- Non compete
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