Company Membership Interests of the Sellers. The Company Membership Interests of the Sellers constitute 50% of all of the authorized and issued membership interests of the Company. All of the Company Membership Interests of the Sellers have been duly authorized and are validly issued. The Company Membership Interests of the Sellers are owned by each of the Sellers as set forth in Schedule 2.01 free and clear of all liens claims and encumbrances.
Appears in 9 contracts
Samples: Purchase Agreement, Purchase Agreement (Tdlog, LLC), Purchase Agreement (Driftwood Resources, LLC)
