Limited Liability Company Interest. The Limited Liability Company Interest of Member shall be as set forth on Schedule A.
Limited Liability Company Interest. The interest of the Member will be designated as the "Limited Liability Company Interest" and may be expressed as a 100% percentage interest. The Limited Liability Company Interest is personal property and the Member has no interest in specific property of the Company.
Limited Liability Company Interest. Limited Liability Company Interest" shall mean a Member's share of the profits and losses of the Company and the right to receive distributions of Company assets.
Limited Liability Company Interest. The Company’s limited liability company interests shall be in such forms as the Managing Member shall determine in its sole discretion.
Limited Liability Company Interest. ARP is the sole initial Member of the Company as reflected in Schedule A attached hereto. Limited liability company interests (“Interests”) may be issued, on such terms and conditions as the existing Member, voting as a single class, may determine at the time of admission. The terms of admission or issuance must specify the percentage of the Company specified for such Interests applicable thereto and may provide for the creation of different classes or groups of Members or Interests having different (including senior) rights, powers and duties. The Member may reflect the creation of any new class or group in an amendment to this Agreement, indicating the different rights, powers and duties, and such an amendment shall be approved and executed by the Member in accordance with the terms of this Agreement. All Interests issued to ARP as the sole initial Member shall be fully paid and non-assessable Interests, except as such non-assessability may be affected by Sections 18-607 and 18-804 of the Act.
Limited Liability Company Interest. The Member shall hold 100% of the Limited Liability Company Interests in ACQUISITION. The Member may take actions at a meeting duly noticed or by written consent. The Member’s Limited Liability Company Interest shall be evidenced by a Certificate of Limited Liability Company Interest.
Limited Liability Company Interest. FCC shall, on the execution hereof, sell, transfer or contribute to the Company from time to time all its right, title and interest in and to a pool of Receivables and related assets in a related Purchase Agreement (a "Transaction"). FCC will represent, warrant and covenant in each Purchase Agreement to the Company that the Receivable sold thereby will be free and clear of all liens and encumbrances, except for those which constitute Permitted Indebtedness and that the sale, transfer or contribution of the Receivables and related assets and the consummation of the transactions contemplated by this LLC Agreement and the related Purchase Agreement were duly authorized.
Limited Liability Company Interest. BMW FS shall, on the execution hereof, sell, transfer or contribute to the Company from time to time all its right, title and interest in and to a pool of Receivables and related assets in a related Purchase Agreement (a "TRANSACTION"). BMW FS will represent, warrant and covenant in each Purchase Agreement to the Company that the Receivable sold thereby will be free and clear of all liens and encumbrances, except for those which constitute Permitted Indebtedness and that the sale, transfer or contribution of the Receivables and related assets and the consummation of the transactions contemplated by this LLC Agreement and the related Purchase Agreement were duly authorized.
Limited Liability Company Interest. PURCHASE AGREEMENT
Limited Liability Company Interest. Upon execution of this Agreement, HSI Funding shall automatically issue a 99.99% Limited Liability Company Interest to HSI Holdings, Inc, and shall automatically issue a 0.1% Limited Liability Company Interest to L&T of Delaware, Inc. The Members’ Limited Liability Company Interests shall be evidenced by Certificates of Limited Liability Company Interest. The Members may take actions at a meeting duly noticed or by written consent.
