Common use of Ownership of Company Property Clause in Contracts

Ownership of Company Property. All property acquired by the Company, real or personal, tangible or intangible, shall be owned by the Company as an entity, and the Member(s) shall not have any ownership interest therein. The Member(s) hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 17 contracts

Samples: Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC), Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC), Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC)

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Ownership of Company Property. All Except as otherwise provided in this Agreement, all property now held or hereafter acquired by the Company, real or personal, tangible or intangible, Company shall be owned by the Company as an entity, and the Member(s) no Member, individually, shall not have any ownership interest therein. The Member(s) Each Member hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Comstock Mining Inc.), Limited Liability Company Operating Agreement (Winfield John V)

Ownership of Company Property. All property acquired by the Company, real real, personal or personalmixed, tangible or intangible, shall be owned by the Company as an entity, and the Member(s) no Member, individually, shall not have any ownership interest therein. The Member(s) Each Member hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 2 contracts

Samples: Master Contribution and Sale Agreement (Forest City Enterprises Inc), Master Contribution and Sale Agreement (Forest City Enterprises Inc)

Ownership of Company Property. All property acquired by the Company, real or personal, tangible or intangible, including limited liability company interests, shall be owned by the Company as an entity, and the Member(s) no Member or Economic Interest Holder, individually, shall not have any ownership interest therein. The Member(s) Each Member and Economic Interest Holder hereby expressly waives the right to require the partition of any Company property or any part thereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Listerhill Total Maintenance Center LLC)

Ownership of Company Property. All property acquired by the Company, real or personal, tangible or intangible, including limited liability company interests, shall be owned by the Company as an entity, and the Member(s) no Preferred Member, Member or Economic Interest Holder, individually, shall not have any ownership interest therein. The Member(s) Each Preferred Member, Member and Economic Interest Holder hereby expressly waives the right to require the partition of any Company property or any part thereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wise Metals Group LLC)

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Ownership of Company Property. All property acquired by the Company, real or personal, tangible or intangible, shall be owned by the Company as an entity, and the Member(s) shall not have any ownership interest therein. The Member(s) hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC)

Ownership of Company Property. All property now held or hereafter acquired by the Company, real or personal, tangible or intangible, shall be owned by the Company as an entity, and the Member(s) Member, individually, shall not have any ownership interest therein. The Member(s) Member hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ethan Allen Global, Inc.)

Ownership of Company Property. All property now held or hereafter acquired by the Company, real or personal, tangible or intangible, shall be owned by the Company as an entity, and the Member(s) no Member, individually, shall not have any ownership interest therein. The Member(s) Each Member hereby expressly waives the right to require partition of any Company property or any part thereof.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ucar International Trading Inc)

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