Common use of Nature of Interests Clause in Contracts

Nature of Interests. An interest is personal property. A Member has no rights in respect of or interest in specific property of the Company.

Appears in 3 contracts

Samples: Operating Agreement (Nutrition Headquarters (De), Inc.), Operating Agreement (Nutrition Headquarters (De), Inc.), Operating Agreement (Nutrition Headquarters (De), Inc.)

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Nature of Interests. An interest Interest is personal property. A Member has no rights in respect of or interest in specific property of the Company.

Appears in 2 contracts

Samples: Company Agreement (Black Elk Energy Offshore Operations, LLC), Limited Liability Company Agreement (Forbes Energy Services LLC)

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