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.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (SeqLL, Inc.), Co Venture Agreement (VirTra, Inc), Co Venture Agreement (Nuvola, Inc.)
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company property, unless and until distributed to such Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (PennyMac Financial Services, Inc.), Limited Liability Company Agreement (Pennymac Financial Services, Inc.), Limited Liability Company Agreement (Pennymac Financial Services, Inc.)
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no shall not have any interest in any specific property, unless and until distributed to such MemberCompany Property.
Appears in 1 contract
