Ownership of Property and Right of Partition. A Member’s interest in the Company shall be personal property for all purposes. No Member shall have any right to partition the property owned by the Company.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Hilton Grand Vacations Inc.), Limited Liability Company Agreement (Lightstone Real Estate Income Trust Inc.), Limited Liability Company Agreement (DCT Chino LLC)
Ownership of Property and Right of Partition. A Member’s 's interest in the Company shall be personal property for all purposes. No Member shall have any right to partition the property or other assets owned by the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Storage Usa Inc), Limited Liability Company Agreement (Storage Usa Inc)
Ownership of Property and Right of Partition. A Member’s 's interest in the Company shall be personal property for all purposes. No Member shall have any right to partition the property owned by the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Ownership of Property and Right of Partition. A Member’s ' s interest in the Company shall be personal property for all purposes. No Member shall have any right rigpt to partition the any property owned by the Company, including, without limitation, the Properties or any of the other Assets.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Ownership of Property and Right of Partition. A Member’s 's interest in the Company shall be personal property for all purposes. No Member shall have any right to partition the property or other assets owned by the CompanyCompany or the Subsidiaries.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Apartment Investment & Management Co)
Ownership of Property and Right of Partition. A Member’s interest in the Company shall be personal property for all purposes. No Member shall have any right to partition the property owned by the CompanyCompany or the Project LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Grubb & Ellis Healthcare REIT, Inc.)
Ownership of Property and Right of Partition. A Member’s interest in the Company or in a Series shall be personal property for all purposes. No Member shall have any right to partition the property owned by the CompanyCompany or by a Series.
Appears in 1 contract
Samples: Limited Liability Company Agreement
