Common use of Legal Title to Company Property Clause in Contracts

Legal Title to Company Property. Legal title to all property now owned or in the future acquired by the Company shall be taken and held in the name of the Company or in the names of trustees or nominees holding for the benefit of the Company.

Appears in 22 contracts

Samples: Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC), Limited Liability Company Operating Agreement (Neighborhoods Capital, LLC), Operating Agreement (Stanley-Martin Communities, LLC)

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Legal Title to Company Property. Legal title to all property now owned owed or in the future acquired by the Company shall be taken and held in the name of the Company or in the names of trustees or nominees holding for the benefit of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC), Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC), Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC)

Legal Title to Company Property. Legal title to all property now owned or in the future fixture acquired by the Company shall be taken and held in the name of the Company or in the names of trustees or nominees holding for the benefit of the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC)

Legal Title to Company Property. Legal title to all property now owned or in of the future acquired by the Company Company, shall be taken and held in the name of the Company or in the names of trustees or nominees holding for the benefit a Subsidiary of the Company.

Appears in 1 contract

Samples: Operating Agreement

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Legal Title to Company Property. Legal title to all property now owned or in the future acquired by the Company shall be taken and held in the name of the Company or of in the names of trustees or nominees holding for the benefit of the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Stanley-Martin Communities, LLC)

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