Member’s Interest. The Membership Interests of the Company shall for all purposes be personal property. The Member shall have no interest in specific Company property.
Member’s Interest. A Member’s Interest shall for all purposes be personal property. Title to the Company’s assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Company as an entity, and no Member, Manager, Operator or officer of the Company shall have any ownership interest in such Company assets.
Member’s Interest. The Membership Interest of the Members shall be represented by issued and outstanding units of membership interest (“Units”), which may be divided into one or more types, classes or series. Each type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series. The Units of the Company shall initially be of two (2) types: “Class A Preferred Units” and “Class A Common Units.”
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific property, unless and until distributed to such Member.
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company Property.
Member’s Interest. At the closing for the sale of a Former Member’s Interest, the Former Member shall provide a document conveying their interest and representing that the interest is free of encumbrances.
Member’s Interest. One or more certificates representing the ----------------- Member's Interests described in Section 2.3(c).
Member’s Interest. A Member's Interest shall for all purposes be personal property. A Member has no interest in specific CPEC property.
Member’s Interest. The Sole Member shall have the right to assign, transfer, sell, pledge or convey (collectively, “Transfer”) any or all of its Membership Interests.
Member’s Interest. The name, mailing address and Sharing Percentage of each Member are set forth on Exhibit A hereto. Each Member’s Interest in the Company shall be equal to the Sharing Percentage designated to it in Exhibit A as the same may be changed from time to time as expressly mandated or permitted under this Agreement.
