Ownership of Company Property. The Company’s assets shall be deemed owned by the Company as an entity, and the Member shall have no ownership interest in such assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees or in “street name”, as the Member may determine.
Appears in 177 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Ownership of Company Property. The Company’s assets shall be deemed owned by the Company as an entity, and the Member shall have no ownership interest in such assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees or in “street name”, ,” as the Member may determine.
Appears in 89 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Ownership of Company Property. (Applies ONLY if Multi-Member): The Company’s 's assets shall be deemed owned by the Company as an entity, and the Member Member(s) shall have no ownership interest in such assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees or in “"street name”, ," as the Member Member(s) may determine.
Appears in 21 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Ownership of Company Property. The Company’s assets Company property shall be deemed to be owned by the Company as an entity, and the Member no Member, individually or collectively, shall have no any ownership interest in such assets Company property or any portion thereof. Title to any or all such Company assets property may be held in the name of the Company, Company or one or more nominees or in “street name”nominees, as the Member Voting Members by Majority Vote may determine. All Company property shall be recorded as the property of the Company on its books and records, irrespective of the name in which legal title to such Company property is held.
Appears in 19 contracts
Samples: Organization Agreement, Organization Agreement (Kenmar Global Trust), Organization Agreement (Diversified Futures Fund L.P.)
Ownership of Company Property. The Company’s assets Company Property shall be deemed to be owned by the Company as an entity, and the no Member shall have no any ownership interest in such assets Company Property or any portion thereof. Title to any or all such Company assets Property may be held in the name of the Company, Company or one or more nominees or in “street name”nominees, as the Member Managers may determine. All Company Property shall be recorded as the property of the Company on its books and records, irrespective of the name in which legal title to such Company Property is held.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC), Limited Liability Company Agreement (CST Metro LLC)
Ownership of Company Property. The Company’s 's assets shall be deemed owned by the Company as an entity, and the Member shall have no ownership interest in such assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees nominees, or in “"street name”, ," as the Member may determine.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Single Member Operating Agreement
Ownership of Company Property. The Company’s assets shall be deemed owned by the Company as an entity, and the Member shall have no ownership interest in such assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees nominees, or in “street name”, ,” as the Member may determine.
Appears in 1 contract
Samples: Operating Agreement
Ownership of Company Property. The Company’s Company assets shall be deemed to be owned by the Company as an entity, and the no Member shall have no any ownership interest in such Company assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, Company or one or more nominees or in “street name”nominees, as the Member Managers may determine. All Company assets shall be recorded as the property of the Company on its books and records, regardless of the name in which legal title to such Company assets is held.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dynegy Inc /Il/)
Ownership of Company Property. The Company’s Company assets shall be deemed to be owned by the Company as an entity, and the no Member shall have no any ownership interest in such Company assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, Company or one or more nominees or in “street name”, nominees. All Company assets shall be recorded as the Member may determineproperty of the Company on its books and records, regardless of the name in which legal title to such Company assets is held.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dynegy Inc /Il/)
Ownership of Company Property. (a) The Company’s assets shall will be deemed owned by the Company as an entity, and the Member shall will have no ownership interest in such the assets or any portion thereof. Title to any or all such Company assets may be held in the name of the Company, one or more nominees nominees, or in “street name”, a trade name as the Member may determinedetermines.
Appears in 1 contract
