Common use of Title to Company Property Clause in Contracts

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: Limited Liability Company Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Eagle Holdco 3 LLC), Limited Liability Company Operating Agreement (Tandy Holdings, Inc.)

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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: Agreement and Plan of Merger (MVP REIT, Inc.), Agreement and Plan of Merger (MVP REIT II, Inc.), Agreement and Plan of Merger (Moody National 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 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 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 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 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 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.. [REMAINDER OF PAGE IS INTENTIONALLY BLANK]

Appears in 2 contracts

Samples: Facility Agreement, Limited Liability Company Agreement

Title to Company Property. All Legal title to all property shall be owned by the Company shall be in the name of the Company as an entity and, insofar as permitted by applicable law, the Member shall not have no ownership interest in the property. Except as otherwise provided by law, an ownership interest in the any Company shall be personal property for all purposesin its individual name or right.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (North American Airlines, Inc.), Limited Liability Company Agreement (World Airways Inc /De/)

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 Inc), Member Control Agreement (Telex Communications International LTD)

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. 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

Samples: Limited Liability Company Operating Agreement (AirGate PCS, Inc. /Merger/)

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 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: First Amended Operating Agreement (Noninvasive Medical Technologies Inc)

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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

Samples: Operating Agreement (Siebert Financial Corp)

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 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: Bon-Ton Stores of Lancaster, 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 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 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

Samples: Operating Agreement (Inland Real Estate Corp)

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 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 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

Samples: Operating Agreement (Valley Telephone Co., LLC)

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