Common use of Title to Property Clause in Contracts

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 35 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Highwater Ethanol LLC)

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Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except Property (as a Member of the Companyhereinafter defined) in his/her/its individual name. Each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 19 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Iowa Renewable Energy, LLC)

Title to Property. All Property owned by assets, property, and rights of the Company shall be owned or leased by the Company as an entity and not in and, except with respect to assets, property, or rights of the name of any MemberCompany leased or licensed to the Company by a Member (subject to the terms hereof), and no Member shall have any ownership interest in such Propertyassets, except as a Member of the Company. Each property, or rights in its individual name or right, and each Member’s interest in the Company Membership Interest shall be personal property for all purposes. The Company shall hold all assets, property, and rights of the Company in the name of the Company and not in the name of any Member.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (Vistra Corp.), Limited Liability Company Agreement (Nextera Energy Partners, Lp), Limited Liability Company Agreement (Nextera Energy Partners, Lp)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the CompanyProperty in its individual name. Each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 13 contracts

Samples: Operating Agreement, Operating Agreement (Northwest Iowa Renewable Energy LLC), Operating Agreement (Little Sioux Corn Processors LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 8 contracts

Samples: Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (Compass Diversified Holdings)

Title to Property. All Property owned by the Company shall be is owned by the Company as an entity entity, and a Unitholder, Member, or Director does not have any ownership interest in the Property in their individual name. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unitholder, Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesor Director.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (U. S. Premium Beef, LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 7 contracts

Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Western Wind Energy Corp), Operating Agreement (Pepco Holdings Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except Property (as a Member of the Companyhereinafter defined) in his/her/its individual name. Each Member’s 's interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 6 contracts

Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC), Operating Agreement

Title to Property. All The Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold title to the Property in the name of the Company only and not in the name of any Member.

Appears in 6 contracts

Samples: Operating Agreement (DCT Chino LLC), Operating Agreement (DCT Chino LLC), Operating Agreement (DCT Chino LLC)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company it as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Propertyproperty in his or its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes.

Appears in 6 contracts

Samples: Operating Agreement (Decrane Holdings Co), Operating Agreement (Decrane Holdings Co), Operating Agreement (Decrane Aircraft Holdings Inc)

Title to Property. All Property property, whether real or personal, tangible or intangible, owned by the Company or its Subsidiaries shall be owned by the Company as an entity and not in the name of any Memberthe Company or its Subsidiaries, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each property in its individual name or right and each Member’s interest in the Company shall be personal property for all purposes.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (MGM Resorts International), Limited Liability Company Agreement (MGM Resorts International), Limited Liability Company Agreement (CityCenter Holdings, LLC)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be deemed personal property for all purposes. The Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

Title to Property. All Title to the Property owned by the Company shall be owned by the Company as an entity and not held in the name of any Member, and no the Company. No Member shall individually have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest or rights in the Company shall be personal property for all purposesProperty except indirectly by virtue of such Member's ownership of a Membership Interest.

Appears in 6 contracts

Samples: Operating Agreement (Chiles Offshore LLC), Operating Agreement (Chiles Magellan LLC), Operating Agreement (Seacor Smit Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member Property in the Member’s individual name or right. The Company shall hold all Property in the name of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (American Medical Alert Corp), Limited Liability Company Agreement (HUGHES Telematics, Inc.)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member Unit Holder or Manager shall have any ownership interest in such Property, except as a Member of the CompanyProperty in its individual name. Each MemberUnit Holder’s interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unit Holder or Manager.

Appears in 5 contracts

Samples: Operating Agreement, Operating Agreement (Gevo, Inc.), Operating Agreement (US BioEnergy CORP)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold tide to all of its Property in the name of the Company or a wholly owned subsidiary and not in the name of any Member.

Appears in 5 contracts

Samples: Operating Agreement (DCT Chino LLC), Operating Agreement (DCT Chino LLC), Operating Agreement (DCT Chino LLC)

Title to Property. All Property owned by immovable and movable property of the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of property in the CompanyMember’s individual name or right. Each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold all of its property in the name of the Company and not in the name of any Member.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Niska US GP LLC), Limited Liability Company Agreement (Niska US GP LLC), Limited Liability Company Agreement (Niska GP ULC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the CompanyProperty in its individual name. Each Member’s 's interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 5 contracts

Samples: Operating Agreement (Golden Grain Energy), Operating Agreement (East Kansas Agri Energy LLC), Operating Agreement (Little Sioux Corn Processors LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member Unit Holder or Governor shall have any ownership interest in such Property, except as a Member of the CompanyProperty in its individual name. Each MemberUnit Holder’s interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unit Holder or Governor.

Appears in 5 contracts

Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. The Company shall hold all of its property in the name of the Company and not in the name of any Member.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Title to Property. All Property owned by assets, property and rights of the Company shall be owned or leased by the Company as an entity and not in and, except with respect to assets, property or rights of the name of any MemberCompany leased or licensed to the Company by a Member (subject to the terms hereof), and no Member shall have any ownership interest in such Propertyassets, except as a Member of the Company. Each property or rights in its individual name or right, and each Member’s interest in the Company Membership Interest shall be personal property for all purposes. The Company shall hold all assets, property and rights of the Company in the name of the Company and not in the name of any Member.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (EQT Corp)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 4 contracts

Samples: Subscription Agreement (Extra Space Storage Inc.), Limited Liability Company Agreement (MGP Ingredients Inc), Operating Agreement (Sunwin International Neutraceuticals, Inc.)

Title to Property. All Property owned by the Company shall be is owned by the Company as an entity entity, and a Unitholder, Member, or Manager does not have any ownership interest in the Property in their individual name. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unitholder, Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesor Manager.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Blackhawk Biofuels, LLC), Operating Agreement (Bootheel Agri-Energy LLC), Limited Liability Company Agreement (Ozark Ethanol LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Title to any or all of the Company Property may be held in the name of the Company or one or more nominees, as the Board of Directors may determine.

Appears in 3 contracts

Samples: Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (Ellington Financial LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest 's Interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 3 contracts

Samples: Operating Agreement, LLC Operating Agreement, Operating Agreement

Title to Property. All Property real and personal property, whether tangible or intangible, owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in such Member’s individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Ada-Es Inc), Operating Agreement (Ada-Es Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company or a wholly owned subsidiary and not in the name of any Member.

Appears in 3 contracts

Samples: Operating Agreement (Crescent Operating Inc), Operating Agreement (Crescent Operating Inc), Operating Agreement (Magellan Health Services Inc)

Title to Property. All Property The Company shall at all times hold title to all of its owned by and leased property in the name of the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, property in such Member’s individual name (except as to the extent a Member of leases property to the Company). Each Member’s interest in the Company Membership Interest shall be personal property for all purposes.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Public Service Co of New Hampshire), Limited Liability Company Agreement (Nstar/Ma)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes, as specified in the Act.

Appears in 3 contracts

Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest 's Membership Interests in the Company shall be personal property for all purposes. At all times after the date hereof, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Norfolk Southern Corp), Limited Liability Company Agreement (Norfolk Southern Corp)

Title to Property. All Property owned by the The Company shall be hold all property (real, personal, tangible, and intangible) owned from time to time by the Company as an entity a result of capital contributions (as contemplated in Section 3.1 below), operations or otherwise, in the name of the Company and not in the name of any Member. Insofar as permitted by applicable law, and no Member member or manager shall have any ownership interest in such Propertyany Company property in its individual name or right and, except as a Member of the Company. Each Member’s each membership or other ownership interest in the Company shall be personal property for all purposes.

Appears in 3 contracts

Samples: Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Worldwide Auto Parts, Inc.)

Title to Property. All Property property owned by the Company Company, whether real or personal, tangible or intangible, shall be deemed to be owned by the Company as an entity entity, and not no Member, individually, shall have any ownership of such property. The Company may hold any of its assets in its own name or, in the name of any Memberits nominee, and no Member shall have any ownership interest in such Propertywhich nominee may be one or more individuals, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposescorporations, companies, trusts or other entities.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in his individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 3 contracts

Samples: Operating Agreement (Shipyard River Coal Terminal Co), Operating Agreement (NTS Realty Holdings Lp), Operating Agreement (Texas Roadhouse, Inc.)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Property, except as a Member of the Company. Each property in its individual name or right and each Member’s interest in the Company 's Interest shall be personal property for all purposes.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Blackhawk Investors LLC), Limited Liability Company Agreement (White Owl Investors LLC), Limited Liability Company Agreement (Ziegler William R)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in his individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co), Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, Company shall hold title to all of its property in the name of Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (Global Green Solutions Inc.), Operating Agreement (Valcent Products Inc.)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Membera distinct legal entity, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (Floridian Financial Group Inc), Operating Agreement (Floridian Financial Group Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC)

Title to Property. All Property owned by property of the Company Company, whether real or personal, tangible or intangible, shall be deemed to be owned by the Company as an entity and not in the name of any Memberentity, and no Member Member, individually, shall have any direct ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesproperty.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Reorganized Blackhawk Limited Liability Company Agreement

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s 's interest in the Company shall be personal property for all purposes, as specified in the Act.

Appears in 2 contracts

Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be deemed personal property for all purposes. The Company shall hold all of its real and personal property (including the Assets) in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CF Industries Holdings, Inc.), Limited Liability Company Agreement (CHS Inc)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Propertyproperty in its individual capacity, except as a Member of the Company. Each and each Member’s interest Interests in the Company shall be personal property for all purposes. The Company shall hold title to all of its property in the name of the Company, not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (PDC Energy, Inc.), Limited Liability Company Agreement (Petroleum Development Corp)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Joint Venture and Operating Agreement, Joint Venture and Operating Agreement (Solazyme Inc)

Title to Property. All Property real and personal property owned by the ----------------- Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest property in the Company Member's individual name or right, and each Member's Units shall be personal property for all purposes. The Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pacific Aerospace & Electronics Inc), Limited Liability Company Agreement (Pacific Aerospace & Electronics Inc)

Title to Property. All Property owned by the Company shall will be owned by the Company as an entity and no Member will have any ownership interest in such Property in its individual name, and each Member’s interest in the Company will be personal property for all purposes. The Company will hold title to all of its Property in the name of the Company and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Operating Agreement (Atlas Pipeline Partners Lp), Operating Agreement (Atlas Pipeline Partners Lp)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be deemed personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Wornick CO Right Away Division, L.P.), Operating Agreement (TWC Holding Corp.)

Title to Property. All Property property owned by the Company shall be owned by the Company or a subsidiary as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold all of its property in the name of the Company or a subsidiary and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Advanced Drainage Systems, Inc.), Limited Liability Company Agreement (American Railcar Industries, Inc.)

Title to Property. All Property property owned by the Company Company, whether real or personal, tangible or intangible, shall be deemed to be owned by the Company as an entity and not in the name of any Memberentity, and no Member Member, individually, shall have any ownership interest in of such Property, except as a Member of the Companyproperty. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (MMA Capital Holdings, Inc.), Limited Liability Company Operating Agreement (MMA Capital Holdings, Inc.)

Title to Property. All Property property owned by the Company or the Company Subsidiary shall be owned by the Company or the Company Subsidiary as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold all of its property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ims Health Inc), Agreement of Limited Liability Company (Ims Health Inc)

Title to Property. All Property owned by the Company shall be is owned by the Company as an entity and no Unit Holder or Manager has any ownership interest in such Property in its individual name. Each Unit Holder’s interest in the Company is personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesUnit Holder or Manager.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Title to Property. All Property owned by the The Company shall be owned the owner of all capital and property (whether real or personal, tangible or intangible) and rights conveyed to or otherwise acquired by it. By virtue of this Agreement, no Member has any interest in specific capital or property of the Company, including capital or property sold, transferred or otherwise conveyed by a Member to the Company. The Company shall hold all of its real and personal Property in the name of the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MorningStar Partners, L.P.), Limited Liability Company Agreement (MorningStar Partners, L.P.)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Property, except as a Member of the Companyproperty in its individual name or right. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Operating Agreement (Wilson Donald R. Jr.), Operating Agreement (SCG Financial Acquisition Corp.)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Verisign Inc/Ca)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member Property in its individual name or right. The Company shall hold all of its Property in the name of the CompanyCompany and not in the name of any Member, unless otherwise determined by the Managing Members to be necessary or advisable for purposes of complying with applicable regulatory or exchange requirements. Each Member’s interest 's Interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Operating Agreement (Rogers International Raw Materials Fund Lp), Operating Agreement (Rogers International Raw Materials Fund Lp)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity entity, and the Members nor Manager shall not have any ownership interest in such property. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesMembers.

Appears in 2 contracts

Samples: Operating Agreement (Cuentas Inc.), Operating Agreement (Cuentas Inc.)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, or by its Subsidiaries and no Member shall have any ownership interest in such Propertyproperty in its individual capacity, except as a Member of the Company. Each and each Member’s interest Interests in the Company shall be personal property for all purposes. The Company shall hold title to all of its property in the name of the Company or one or more of its Subsidiaries, not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Carbon Natural Gas Co), Limited Liability Company Agreement (Carbon Natural Gas Co)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (OCI Resources LP), Limited Liability Company Agreement (Gc Net Lease Reit, Inc.)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in such Member’s individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (OCM HoldCo, LLC), Operating Agreement (OCM HoldCo, LLC)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of property in the Company. Each Member’s interest in the Company individual name or right, and each Member’s Units shall be personal property for all purposes. The Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (Hallmark Financial Services Inc), Operating Agreement (Hallmark Financial Services Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except Property (as a Member of the Companyhereinafter defined) in his/her/its individual name. Each Member’s interest in the Company shall be personal property for all purposes. At all times, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (Advanced BioEnergy, LLC), Operating Agreement (Advanced BioEnergy, LLC)

Title to Property. All Title to the Property owned by the Company shall be owned by the Company as an entity and not held in the name of any Member, and no the Company. No Member shall individually have any ownership interest or rights in such Property, the Property except as indirectly by virtue of the Member’s ownership of an Interest. The Member shall not have any right to seek or obtain a Member partition of any of the assets of the Company. Each Member’s interest in , nor shall the Member have the right to any specific assets of the Company shall be personal property for all purposesupon the liquidation of, or any distribution from, the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Syracuse China Co), Limited Liability Company Agreement (Syracuse China Co)

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Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. Except as otherwise provided in Section 5.5 hereof, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 2 contracts

Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Pepco Holdings Inc)

Title to Property. All Property owned by property of the Company Company, whether real, personal or mixed, tangible or intangible, shall be deemed to be owned by the Company as an entity and not in the name of any Memberentity, and no Member Member, individually, shall have any direct ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesproperty.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Lazare Kaplan International Inc), Limited Liability Company Agreement (Lazare Kaplan International Inc)

Title to Property. All Property property owned by the Company shall be owned by the Company or a subsidiary as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Property, except as a Member property in its individual name or right. The Company shall hold all of its property in the name of the CompanyCompany or a subsidiary and not in the name of any Member. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (American Railcar Industries, Inc./De), Limited Liability Company Agreement (American Railcar Industries, Inc./De)

Title to Property. All Company Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Property, except as a Member of Property in the CompanyMember's individual name or right. Each Member’s 's interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all Company Property in the name of the Company and not in the name or names of any Member or Members.

Appears in 1 contract

Samples: Operating Agreement (Emeritus Corp\wa\)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and no insofar as permitted by applicable law, Member shall have any no ownership interest in such Property, except as a Member of the Company. Each property in its individual name or right and Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in his individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company 's Membership Interest shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Operating Agreement (Long Island Physician Holdings Corp)

Title to Property. All Property owned by The Company shall at all times hold title to all of its property in the name of the Company shall be owned by the or a Company as an entity Subsidiary and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Companyproperty in such Member’s individual name. Each Member’s interest in the Company Membership Interest shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rayven Properties, LLC)

Title to Property. All Property real and personal property owned by the Company shall will be owned by the Company as an entity entity, and no Member will have any ownership interest in such property in such Member’s individual name or right, and each Member’s interest in the Company will be personal property for all purposes. The Company shall hold all of its property in the name of the Company and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zabala Farms Group, LLC)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyCompany property in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Operating Agreement (Anworth Mortgage Asset Corp)

Title to Property. All Property real, personal and intangible property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Property, except as a Member of the Company. Each property in its individual name or right and each Member’s interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Operating Agreement

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Title to Property. All Company Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no entity. No Member shall have any ownership interest in such Propertythe Property in the Member's individual name, except as a Member of and the Company. Each Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Operating Agreement (Excel Corp)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its property in the name of the Company and not in the name of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Title to Property. All Company Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no entity. No Member shall have any ownership interest in such PropertyCompany Property in the Member's individual name or right, except as a Member of the Company. Each and each Member’s interest 's Interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all Company Property in the name of the Company and not in the name or names of any Member or Members. Nothing in this Agreement shall preclude the Company from using the trade name of one of its Members in operating its business.

Appears in 1 contract

Samples: Agreement of Limited Liability Company (T&w Financial Corp)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest Membership Interests in the Company shall be personal property for all purposes. At all times after the date hereof, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kansas City Southern)

Title to Property. All Company Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Propertyproperty in the Member’s individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all Company Property in the name of the Company and not in the name or names of any Member or Members.

Appears in 1 contract

Samples: Operating Agreement

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Operating Agreement (Rock Tenn Co)

Title to Property. All Property property, tangible and intangible, ----------- ----------------- real and personal, owned by the Company Company, shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Propertyproperty in his or her individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Operating Agreement (Ashton Technology Group Inc)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of property in the Company. Each Member’s interest in individual name or right. No Member, officer, or agent of the Company shall be have the right or authority to pledge, lien, or mortgage any Company asset for his or its own personal property for all purposesbenefit.

Appears in 1 contract

Samples: Share Purchase Agreement (Scripps E W Co /De)

Title to Property. All Property property owned by the Company Company, whether real or personal, tangible or intangible, shall be deemed for all purposes to be owned by the Company as an entity Company, and the Member shall not have any individual interest in such property. Title to all such property shall be held in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energea Portfolio 4 USA LLC)

Title to Property. All Property assets owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Propertyassets in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times the Company shall hold title to all of its Properties in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Title to Property. All Property owned by property of the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Property, except as a Member of the Companyproperty in its individual name. Each Member’s interest Units in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.)

Title to Property. All Property owned by the Company Properly shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such Property, except as a Member of Company Properly in the CompanyMember's individual name or right. Each Member’s 's interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all Company Property in the name of the Company and not in the name or names of any Member or Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. Notwithstanding anything contained herein to the contrary, the Members shall be entitled to bring their individual personal assets to the place or places where the Company's business is conducted, and such assets shall remain the separate property of such Members.

Appears in 1 contract

Samples: Operating Agreement (Rocky Mountain Internet Inc)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberand, and insofar as permitted by applicable law, no Member shall have any ownership interest in such Property, except as a Member of the Company. Each property in its individual name or right and each Member’s 's interest in the Company shall be personal property for all purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Agco Corp /De)

Title to Property. All Property property (tangible and intangible) owned by the Company shall be deemed owned by the Company as an entity and not no Member, individually, shall have any ownership of such property. The Company may hold any of its assets in its own name or, with the written consent of all of the Members, in the name of a nominee. The Members hereby waive any Member, and no Member shall have rights under the Act or other Applicable Law for partition of any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesAssets.

Appears in 1 contract

Samples: Operating Agreement (Hersha Hospitality Trust)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the date on which the Certificate was filed, the Company shall hold title to all of its Property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cancer Genetics, Inc)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s ' s interest in the Company shall be personal property for all purposes.. SECTION3 CAPITAL CONTRIBUTIONS AND OTHER MATTERS 3.1

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Rowan N-Class (Gibraltar) LTD)

Title to Property. All Property owned by the Company property shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in the Member's individual name or right, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all Company property in the name of the Company and not in the name or names of any Member or Members.

Appears in 1 contract

Samples: Partnership Agreement

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member Party shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each Member’s and each Party's interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the Company shall hold all of its Property in the name of the Company and not in the name of either Party.

Appears in 1 contract

Samples: Joint Venture Agreement (International Assets Holding Corp)

Title to Property. All Property owned by the Company shall be is owned by the Company as an entity entity, and a Unitholder, Member, or Manager does not have any ownership interest in the Property in his, her or its individual name. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unitholder, Member, and no Member shall have any ownership interest in such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesor Manager.

Appears in 1 contract

Samples: Operating Agreement (Millennium Ethanol, LLC)

Title to Property. All Property property owned by the Company Company, whether real or personal, tangible or intangible, shall be deemed to be owned by the Company as an entity and not in the name of any Memberentity, and no Member Member, individually, shall have any ownership interest in of such Property, except as a Member of the Company. Each Member’s interest in the Company shall be personal property for all purposesproperty.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Mma Capital Management, LLC)

Title to Property. All Property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member Unit Holder or Manager shall have any ownership interest in such Property, except as a Member of the CompanyProperty in its individual name. Each Member’s Unit Holder's interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its Property in the name of the Company and not in the name of any Unit Holder or Manager.

Appears in 1 contract

Samples: Operating Agreement

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be deemed personal property for all purposes.

Appears in 1 contract

Samples: Operating Agreement (New York Health Care Inc)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual capacity, except as a Member of the Company. Each and each Member’s interest Interests in the Company shall be personal property for all purposes. The Company shall hold title to all of its property in the name of the Company, not in the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Carbon Natural Gas Co)

Title to Property. All Property real and personal property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in his or its individual name or right, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. Except as otherwise provided in this Agreement, the company shall hold all of its real and personal property in the name of the Company and not in the name of any Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TCH Coal Co)

Title to Property. All Property property owned by the Company shall be owned by the Company as an entity and not in the name of any Member, and no Member shall have any ownership interest in such Propertyproperty in its individual name, except as a Member of the Company. Each and each Member’s interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its property in the name of the Company and not in the name of anythe Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Title to Property. All Property owned by the Company shall be owned by the Company ompany as an entity and not in the name of any Memberentity, and no Member shall have any ownership interest in such PropertyProperty in its individual name, except as a Member of the Company. Each and each Member’s 's interest in the Company shall be personal property for all purposes. At all times after the Effective Date, the Company shall hold title to all of its Property in the name of the Company or a wholly owned subsidiary and not in the name of any Member.

Appears in 1 contract

Samples: Operating Agreement (Magellan Health Services Inc)

Title to Property. All Title to the Property owned by the Company shall be owned by the Company as an entity and not held in the name of the Company. No Member shall individually have any ownership interest or rights in the Property except indirectly by virtue of such Member, and no ’s ownership of an Interest. No Member shall have any ownership interest in such Property, except as right to ask for or obtain a Member partition of any of the assets of the Company. Each Member’s interest in , nor shall any Member have the right to any specific assets of the Company shall be personal property for all purposesupon the liquidation of, or any distribution from, the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lone Star Technologies Inc)

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