Common use of Sole Owner Clause in Contracts

Sole Owner. 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 such Membership Interests in accordance with and only to the extent permitted under Section 11.2;

Sole Owner. Such transferee 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;.

Sole Owner. Such transferee acquired its Each Member hereby represents and warrants that it 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;.