Common use of Title Holder Clause in Contracts

Title Holder. To the extent allowable under applicable law, title to all or any part of the assets of the Company may be held in the name of the Company or in the name of any other Person that is (a) a special purpose Entity, (b) wholly owned, directly or indirectly, by the Company and (c) disregarded as a separate Entity for federal tax purposes.

Title Holder. To the extent allowable under applicable law, the Company may hold title to all or any part of the assets of the Company may be held its properties in the name of an individual, corporation, partnership, trust or otherwise, the Company or beneficial interest in which shall at all times be vested in the name Company, and may agree that any such title holders be vested with all or any part of the powers which might otherwise reside in the Company. Any such title holders shall perform any other Person that is (a) a special purpose Entity, (b) wholly owned, directly or indirectly, and all of their respective functions to the extent and upon such terms and conditions as may be determined from time to time by the Company and (c) disregarded as a separate Entity for federal tax purposesChief Manager in accordance with the terms hereof.

Title Holder. To the extent allowable under applicable law, title to all or any part of the assets properties of the Company may be held in the name of the Company or any other individual, corporation, partnership, trust or otherwise, the beneficial interest in which shall at all times be vested in the name Company, Any such title holder shall perform any and all of any other Person that is (a) a special purpose Entity, (b) wholly owned, directly or indirectly, its respective functions to the extent and upon such terms and conditions as may be determined from time to time by the Company and (c) disregarded as a separate Entity for federal tax purposesManaging Member.