Sole Owner. Each Member hereby represents and warrants that it acquired its Membership Interests for its own account and is, and will remain, the sole beneficial owner of such Membership Interests at all times unless and until it Transfers ownership of all, or some part, of such Membership Interests in accordance with and only to the extent permitted under Section 11.2.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Sole Owner. Each Member hereby represents and warrants that it Such transferee acquired its Membership Interests for its own account and is, and will remain, the sole beneficial owner of such Membership Interests at all times unless and until it Transfers ownership of all, or some part, of such Membership Interests in accordance with and only to the extent permitted under Section 11.2.;
Appears in 2 contracts
Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)
Sole Owner. Each Member hereby represents and warrants that it acquired its is acquiring it Membership Interests for its own account and is, and will remain, the sole beneficial owner of such Membership Interests at all times unless and until it Transfers ownership of all, or some part, of such Membership Interests in accordance with and only to the extent permitted under Section 11.2.
Appears in 1 contract
Samples: Limited Liability Company Agreement (General Mills Inc)