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.
Appears in 60 contracts
Samples: Limited Liability Company Agreement (Great Elm Capital Corp.), Operating Agreement (Singing Machine Co Inc), Limited Liability Company Agreement (Canopy Growth Corp)
No Interest in Company Property. No real or personal property of the Company shall be deemed to be owned by any Member Shareholder individually, but shall be owned by, and title shall be vested solely in, the Company. Without limiting the foregoing, each Member Shareholder hereby irrevocably waives during the term of the Company any right that such Member Shareholder may have to maintain any action for partition with respect to the property of the Company.
Appears in 5 contracts
Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (High Sierra Technologies, Inc.)
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.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Sixth Street Partners Management Company, L.P.), Limited Liability Company Agreement (Hudson Bay Capital Management LP), Limited Liability Company Agreement (HG Vora Capital Management, LLC)
No Interest in Company Property. No real or personal property of the Company Property 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 and legal title to all assets of the Company any right that such Member may have to maintain any action for partition with respect to shall be taken and at all times held in the property name of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Seaport Entertainment Group Inc.), Limited Liability Company Agreement (Blue Bird Corp), Limited Liability Company Agreement (Blue Bird Corp)
No Interest in Company Property. No real or personal property of the Company or any of its Subsidiaries 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.
Appears in 2 contracts
Samples: Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)
No Interest in Company Property. No real or personal property of the Company shall be deemed to be owned by the Managing Member or any other 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.
Appears in 2 contracts
Samples: Subscription Agreement, Operating Agreement
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 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.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)
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.
ARTICLE V CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS
Appears in 1 contract
Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
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.hereby
Appears in 1 contract
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 Term any right that such Member may have to maintain any action for partition with respect to the property of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
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 otherwise have to bring or maintain any action for partition with respect to the property of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
No Interest in Company Property. No real or personal property of the Company shall will be deemed to be owned by any a Member individually, but shall will be owned by, and title shall will 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.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dell International L.L.C.)
No Interest in Company Property. No real or personal property of the Company shall will be deemed to be owned by any Member individually, but shall will be owned by, and title shall will 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.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.)
No Interest in Company Property. No real or personal property of the Company shall will be deemed to be owned by any Member individually, but shall will be owned by, and title shall will 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 or judicial dissolution of, or with respect to to, the Company or the property of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NeoGames S.A.)
No Interest in Company Property. No All right, title and interest in the 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 inin the Company and no Member shall have any right, the Companytitle or interest therein. 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.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
No Interest in Company Property. The Units of each of the Members shall be intangible personal property for purposes of this Agreement. 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.
Appears in 1 contract
Samples: Limited Liability Company Agreement
No Interest in Company Property. No real or personal property of the Company Property 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 waives, during the term of the Company Company, any right that such Member may have to maintain any action for partition with respect to the property of the CompanyCompany Property.
Appears in 1 contract
No Interest in Company Property. No real or personal property of the Company Company, including the Project Loans, shall be deemed to be owned by any Member individually, but shall be owned by, and title shall be vested solely in, the CompanyCompany or its established subsidiaries and special purpose vehicles. 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.
Appears in 1 contract
Samples: Company Agreement
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.foregoin...
Appears in 1 contract
Samples: Contribution Agreement
