Common use of Ownership of Company Property Clause in Contracts

Ownership of Company Property. All Company Property shall be deemed owned by the Company as an entity, and the Managers shall not, individually, have any ownership interest in the Company Property. All Company Property shall be held and conveyed in the name of the Company, unless the Managers determines that the Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Company.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

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Ownership of Company Property. All Company Property shall be deemed to be owned by the Company as an entity, and the Managers no Member or Manager, individually or collectively, shall not, individually, have any ownership interest in such Company Property or any portion thereof. Title to any or all Company Property may be held in the name of the Company Propertyor one or more nominees, as the Managers on recommendation from the CEO may determine. All Company Property shall be held recorded as the property of the Company on its books and conveyed in records, irrespective of the name of the Company, unless the Managers determines that the in which legal title to such Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Companyis held.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Corn Products International Inc), Limited Liability Company Agreement (Minnesota Corn Processors LLC)

Ownership of Company Property. All Company Property shall be deemed to be owned by the Company as an entity, and the Managers Member shall not, individually, not have any ownership interest in such Company Property or any portion thereof. Title to any or all Company Property may be held in the name of the Company Propertyor one or more nominees, as the Manager may determine. All Company Property shall be held recorded as the property of the Company on its books and conveyed in records, irrespective of the name of the Company, unless the Managers determines that the in which legal title to such Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Companyis held.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Time Warner LLC), Limited Liability Company Agreement (Directv)

Ownership of Company Property. All Company Property shall be deemed to be owned by the Company as an entity, and the Managers no Member or Manager, individually or collectively, shall not, individually, have any ownership interest in such Company Property or any portion thereof. Title to any or all Company Property may be held in the name of the Company Propertyor one or more nominees, as the Board of Managers may determine. All Company Property shall be held recorded as the property of the Company on its books and conveyed in records, irrespective of the name of the Company, unless the Managers determines that the in which legal title to such Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Companyis held.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cp Ships LTD), Limited Liability Company Agreement (TMM Lines LTD LLC)

Ownership of Company Property. All Company Property shall be deemed owned by the Company as an entity, and the Managers Managers, shall not, individually, have any ownership interest in the Company Property. All Company Property shall be held and conveyed in the name of the Company, unless the Managers determines that the Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

Ownership of Company Property. All Company Property shall be deemed to be owned by the Company as an entity, and the Managers Member shall not, individually, not have any ownership interest in such Company Property or any portion thereof. Title to any or all Company Property may be held in the Company Propertyname of the Company. All Company Property shall be held recorded as the property of the Company on its books and conveyed in records, irrespective of the name of the Company, unless the Managers determines that the in which legal title to such Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Companyis held.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Macquarie Infrastructure CO LLC)

Ownership of Company Property. All Company Property property of the Company, including without limitation, the Property, shall be deemed to be owned by the Company as an entityentity and no Member, and the Managers individually or collectively, shall not, individually, have any ownership interest in the Company Propertysuch property. All Company Property Title to all property shall be held and conveyed in the name of the Company, unless the Managers determines that the Company Property should be acquired and conveyed not in the name of one any Member, any Affiliate or more Person or Persons any nominee of any of the foregoing. The Property shall be recorded as nominee for the Companyproperty of the Company on its books and records.

Appears in 1 contract

Samples: Operating Agreement (Clarksburg Skylark, LLC)

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Ownership of Company Property. All Company Property shall be deemed ----------------------------- owned by the Company as an entity, and the Managers shall not, individually, have any ownership interest in the Company Property. All Company Property shall be held and conveyed in the name of the Company, unless the Managers determines that the Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aor Holding Co of Indiana Inc)

Ownership of Company Property. All real and other property owned by the Company Property shall be deemed owned by the Company as an entity, and the Managers shall notCompany property. No Member, individually, shall have any direct ownership interest in the Company Property. All Company Property of such property and title to such property shall be held and conveyed in the name of the Company, unless the Managers determines that the Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Igene Biotechnology Inc)

Ownership of Company Property. All Company Property shall be deemed to be owned by the Company as an entity, and the Managers Member shall not, individually, not have any ownership interest in such Company Property or any portion thereof. Title to any or all Company Property may be held in the name of the Company Propertyor one or more nominees, as the Managers may determine. All Company Property shall be held recorded as the property of the Company on its books and conveyed in records, irrespective of the name of the Company, unless the Managers determines that the in which legal title to such Company Property should be acquired and conveyed in the name of one or more Person or Persons as nominee for the Companyis held.

Appears in 1 contract

Samples: Operating Agreement (FIS Healthcare Holdings, LLC)

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