Common use of Nature of Interest Clause in Contracts

Nature of Interest. 13. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.

Appears in 3 contracts

Samples: Operating Agreement (Korth Direct Mortgage LLC), Operating Agreement (Korth Direct Mortgage LLC), Operating Agreement (Korth Direct Mortgage LLC)

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Nature of Interest. 1310. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.

Appears in 1 contract

Samples: Operating Agreement

Nature of Interest. 1312. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.

Appears in 1 contract

Samples: Operating Agreement

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Nature of Interest. 139. A Member's interest in the Company Corporation will be considered personal property, and will at no time be considered real property.

Appears in 1 contract

Samples: Operating Agreement

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