Ownership of Property and Right of Partition. A Unit 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 3 contracts
Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp), Limited Liability Company Agreement (Enbridge Energy Partners Lp), Limited Liability Company Agreement (Pinnacle Gas Resources, Inc.)
Ownership of Property and Right of Partition. A Unit 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 Operating Agreement (Laredo Oil, Inc.)
