Common use of No Interest in Company Property Clause in Contracts

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 58 contracts

Samples: Operating Agreement (Singing Machine Co Inc), Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Great Elm Capital Corp.)

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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 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 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 2 contracts

Samples: Liability Company Agreement (Seaport Entertainment Group Inc.), 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 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

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.. Section 4.05

Appears in 1 contract

Samples: LLC Operating Agreement

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 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: Operating Agreement (Sugarmade, Inc.)

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.)

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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 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

Samples: Operating Agreement (Xylo Technologies LTD)

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 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 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 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.)

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