Common use of Investing Pool Interests as Personal Property Clause in Contracts

Investing Pool Interests as Personal Property. Each Member hereby agrees that its Investing Pool Interests shall for all purposes be personal property. The Investing Pool shall be the sole owner of the property and rights conveyed to it. No Member has any interest in specific Investing Pool property, including property conveyed to the Investing Pool by a Member.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC), Limited Liability Company Agreement (iShares GS Commodity Industrial Metals Indexed Trust), Limited Liability Company Agreement (iShares GS Commodity Light Energy Indexed Investing Pool LLC)

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Investing Pool Interests as Personal Property. Each Member hereby agrees that its Investing Pool Interests shall for all purposes be personal property. The Investing Pool shall be the sole owner of the property and rights conveyed to it. No A Member has any no interest in specific Investing Pool property, including property conveyed to of the Investing Pool by a MemberCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iShares GSCI Commodity Indexed Trust)

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