Title to Company Property. All property shall be owned by the Company and, insofar as permitted by applicable law, the Member shall have no ownership interest in the property. Except as otherwise provided by law, an ownership interest in the Company shall be personal property for all purposes.
Appears in 12 contracts
Samples: Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Eagle Holdco 3 LLC), Limited Liability Company Operating Agreement (Tandy Holdings, Inc.)
Title to Company Property. All property shall be owned by the Company and, insofar as permitted by applicable law, the Member shall have no ownership interest in the property. Except as otherwise provided by law, an ownership interest in the Company shall be personal property for all purposes.
Appears in 10 contracts
Samples: Merger Agreement (MVP REIT II, Inc.), Merger Agreement (MVP REIT, Inc.), Merger Agreement (Moody National REIT I, Inc.)
Title to Company Property. All property Property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company Property in its individual name or right, an ownership interest in the Company and each Member’s Membership Interest shall be personal property for all purposes.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership interest in the Company and each Member’s Membership Interest shall be personal property for all purposes.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Member shall not have no an ownership interest in any Company property in its individual name or right, and the property. Except as otherwise provided by law, an ownership Member’s interest in the Company shall be personal property for all purposes.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (RPC Bramlage, Inc.), Limited Liability Company Agreement (RPC Bramlage, Inc.), Limited Liability Company Agreement (RPC Bramlage, Inc.)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Member shall have no ownership interest in any Company property in its individual name or right, and the property. Except as otherwise provided by law, an ownership Member’s interest in the Company shall be personal property for all purposes.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.), Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.), Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.)
Title to Company Property. All property Property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company Property in its individual name or right, an ownership and each Member’s membership interest in the Company shall be personal property for all purposes.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Member no member or manager shall have no any ownership interest in the property. Except as otherwise provided by lawany company property in its individual name or right and, an each membership or other ownership interest in the Company shall be personal property for all purposes.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Limited Liability Company Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
Title to Company Property. All Except with respect to the Trustee on behalf of the Trust holding legal title to the Property for the beneficial interest of the Company, the Association and the Consumers, all property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership and each Member’s interest in the Company shall be personal property for all purposes. The foregoing provisions shall govern over any contrary or inconsistent provision in this Agreement or any other document or instrument governing the affairs of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Member no member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership interest in the Company and each member’s Membership Interest shall be personal property for all purposes.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Title to Company Property. All property owned by the company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no ownership interest any LLC Interests in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership interest in the Company and each member’s LLC Interests shall be personal property for all purposes.
Appears in 2 contracts
Samples: Operating Agreement (Laureate Ventures, Inc.), Operating Agreement (Laureate Ventures, Inc.)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership and each Member’s interest in the Company shall be personal property for all purposes. The foregoing provisions shall govern over any contrary or inconsistent provision in this Agreement or any other document or instrument governing the affairs of the Company.
Appears in 2 contracts
Samples: Operating Agreement, Membership Interest Subscription Agreement
Title to Company Property. 8.1 All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in his, an ownership interest in the Company her or its individual name or right, and each Member's Membership Interest shall be personal property for all purposes.
Appears in 2 contracts
Samples: Member Control Agreement (Telex Communications International LTD), Member Control Agreement (Telex Communications Inc)
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership and each Member=s interest in the Company shall be personal property for all purposes.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Title to Company Property. All property shall be owned by the Company and, insofar as permitted by applicable law, the Member Members shall have no ownership interest in the propertyproperty (“Property”). Except as otherwise provided by law, an ownership interest in the Company shall be personal property for all purposes.
Appears in 1 contract
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership and each Member's interest in the Company shall be personal property for all purposes.
Appears in 1 contract
Samples: Operating Agreement (Noninvasive Medical Technologies Inc)
Title to Company Property. All property Company Property shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Sole Member shall not have no any ownership interest in any Company Property in its individual name or right and, the property. Except as otherwise provided by law, an membership or other ownership interest in the Company shall be personal property for all purposes.
Appears in 1 contract
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership interest in the Company and each Member’s Units shall be personal property for all purposes. Upon termination of the Company, the entire right, title and interest in and to the name “Avistone Industrial Property Fund I” and the goodwill attached thereto shall, without requiring any compensation to the Company or to any Member, be assigned to the Manager or to such other Person as shall be designated by the Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the Member no Principal shall have no any ownership interest in the property. Except as otherwise provided by lawany Company property in its individual name or right, an ownership and each Principal’s interest in the Company shall be personal property for all purposes. The foregoing provisions shall govern over any contrary or inconsistent provision in this Agreement or any other document or instrument governing the affairs of the Company.
Appears in 1 contract
Samples: Operating Agreement
Title to Company Property. All property shall be owned by the Company and, insofar as permitted by applicable law, the Member shall have no ownership interest in the property. Except as otherwise provided by law, an ownership interest in the Company shall be personal property for all purposes.
Appears in 1 contract
Title to Company Property. All property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided any property owned by law, an ownership interest in the Company in its individual name or right, and each Member’s Interest shall be personal property for all purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (American Realty Capital New York Recovery Reit Inc)
Title to Company Property. All property The Property shall be owned solely by the Company andas an entity, insofar as permitted by applicable lawand no Member, the Member individually, shall have no any ownership interest in any of the property. Except as otherwise provided by law, an ownership interest in the Company shall be personal property for all purposesProperty.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Icos Corp / De)
Title to Company Property. All property shall will be owned by the Company and, insofar as permitted by applicable law, the Member shall will have no ownership interest in the property. Except as otherwise provided by law, an ownership interest in the Company shall will be personal property for all purposes.
Appears in 1 contract
Samples: Operating Agreement (Bon-Ton Stores of Lancaster, Inc.)
Title to Company Property. All property The Property shall be owned solely by the Company andas an entity, insofar as permitted by applicable lawand no Member, the Member individually, shall have no any ownership interest in any of the property. Except as otherwise provided by lawProperty, an ownership interest in subject to the Company shall be personal property for all purposesprovisions of Section 14.4.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Techniclone Corp/De/)
Title to Company Property. All property Property owned by the Company shall be owned by the Company as an entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by lawany Company Property in its individual name or right, an ownership interest in the Company and each Member’s Membership Interest shall be personal property for all purposes.. 20
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.)
Title to Company Property. All property Property owned by the Company shall be owned by the Company as an Entity and, insofar as permitted by applicable law, the no Member shall have no any ownership interest in the property. Except as otherwise provided by law, an any Company Property in its individual name or right and each membership or other ownership interest in the Company shall be personal property for all purposes.
Appears in 1 contract
