Common use of Title to Assets; Transactions Clause in Contracts

Title to Assets; Transactions. The Company shall keep title to all of its assets in its own name and not in the name of its Member. The Company shall enter into and engage in all transactions in its own name and not in the name of its Member.

Appears in 28 contracts

Samples: Registration Rights Agreement (B. Riley Principal Merger Corp. II), Limited Liability Company Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (RedCo Group, Inc.)

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Title to Assets; Transactions. The Company shall keep title to all of its assets in its own name and not in the name of its the Member. The Company shall enter into and engage in all transactions in its own name and not in the name of its the Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (Molina Healthcare Inc)

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Title to Assets; Transactions. The Company shall keep title to to, and beneficial ownership of, all of its assets (including any capital contributions from Members) in its own name and not in the name of its any Member. The Company shall enter into and engage in all transactions in its own name and not in the name of any Member. Any debt, obligation or liability of the Company shall be incurred by the Company in its own name and not the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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