No Interest in Company Property Sample Clauses

No Interest in Company Property. No real or personal property of the Company shall be deemed to be owned by any Member individually, but shall be owned by, and title shall be vested solely in, the Company. Without limiting the foregoing, each Member hereby irrevocably waives during the term of the Company any right that such Member may have to maintain any action for partition with respect to the property of the Company.
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No Interest in Company Property. Waiver of Action for Partition. No Member has any interest in specific property of the Company or any Subsidiary. Without limiting the foregoing, each Member irrevocably waives during the duration of the Company any right that such Member may have to maintain any action for partition with respect to the property of the Company.
No Interest in Company Property. Waiver of Action for Partition. No Member or Assignee has any interest in specific property of the Company. Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that it may have to maintain any action for partition with respect to the property of the Company.
No Interest in Company Property. A Member’s Shares shall for all purposes be personal property. A Member has no interest in specific Company property.
No Interest in Company Property. No Member or Economic Interest Owner has any interest in specific property of the Company. Without limiting the foregoing, each Member and Economic Interest Owner irrevocably waives during the term of the Company any right that he or she may have to maintain any action for partition with respect to the property of the Company.
No Interest in Company Property. Waiver of Action for ----------------------------------------------------- Partition. Except as set forth in Section 5.6 above, no Member or Assignee has --------- any interest in specific property of the Company. Without limiting the foregoing, each Member and Assignee irrevocably waives during the term of the Company any right that it may have to maintain any action for partition with respect to the property of the Company.
No Interest in Company Property. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company property (including in respect of contributed Miners).
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No Interest in Company Property. Creditor acknowledges and agrees that [it/he/she] has no ownership interest, security interest or other interest in any assets of the Company or its parents, subsidiaries or affiliates.
No Interest in Company Property. Employee acknowledges and agrees that [he/she] has no ownership interest or other interest in any assets of the Company or its parents, subsidiaries or affiliates.
No Interest in Company Property. No Member or Assignee has any interest in specific property of the Company.
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