Common use of Ownership of Company Property Clause in Contracts

Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company Assets. No Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the Company.

Appears in 3 contracts

Samples: Joint Venture and Operating Agreement (Rentech Inc /Co/), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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Ownership of Company Property. The interest of each Member Partner in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company Assetsproperty. No MemberPartner, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the Company.

Appears in 2 contracts

Samples: Purchase Agreement (Cedar Shopping Centers Inc), Purchase Agreement (Cedar Shopping Centers Inc)

Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company (or its Subsidiaries) shall be deemed owned by the Company (or its Subsidiaries) as Company Assets(or its Subsidiaries') property. No Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the CompanyCompany (or its Affiliates).

Appears in 2 contracts

Samples: Operating Agreement (General Growth Properties Inc), Operating Agreement (General Growth Properties Inc)

Ownership of Company Property. The A Member’s interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company Assets. No an entity, and no Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the Companyproperty.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Charter Communications Entertainment I, LLC)

Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company Assetsproperty. No Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (REITPlus, Inc.)

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Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company (or its Subsidiaries) shall be deemed owned by the Company (or its Subsidiaries) as Company Assets(or its Subsidiaries') property. No Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the CompanyCompany (or its Subsidiaries).

Appears in 1 contract

Samples: Operating Agreement (General Growth Properties Inc)

Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company Assets. No Member, individually, shall have any direct ownership of such property Company Assets and title to such property shall be held in the name of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BridgeBio Pharma LLC)

Ownership of Company Property. The interest of each Member in the Company shall be personal property for all purposes. All real and other property owned by the Company shall be deemed owned by the Company as Company AssetsCompany. No Member, individually, shall have any direct ownership of such property and title to such property shall be held in the name of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Granite Peak Resources, LLC)

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