Common use of Sole Member Clause in Contracts

Sole Member. The Company shall at all times be and remain a single member limited liability company, and it shall not have more than one Member at any time; nor shall the Member be entitled to divide or subdivide the Membership Interest in any manner whatsoever.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Interstate Equipment Leasing, LLC), Limited Liability Company Agreement (Interstate Equipment Leasing, LLC), Limited Liability Company Agreement (Interstate Equipment Leasing, LLC)

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Sole Member. The Company shall at all times be and remain a single member limited liability company, and it shall not have more than one Member at any time; nor shall the Member be entitled to divide or subdivide the Membership Interest Company interest in any manner whatsoever.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)

Sole Member. The Company shall at all times be and remain a single member limited liability company, and it shall not have more than one Member at any time; nor shall the Member be entitled to divide or subdivide the Membership Company Interest in any manner whatsoever.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)

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Sole Member. The Company shall at all times be and remain a single member limited liability company, and it shall not have more than the one Member at any time; nor shall the Member be entitled to divide or subdivide the Membership Interest in any manner whatsoever.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Interstate Equipment Leasing, LLC)

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