Assignment of the Interest. From and after the Closing, all equitable and legal rights, title and interests in and to the Interest shall be owned, held and exercised by Buyer. All capital calls, obligations and liabilities, if any, under the Company’s Operating Agreement shall be the sole responsibility of Buyer.
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (Mojo Ventures, Inc), Membership Interest Purchase Agreement (Capital City Energy Group, Inc.)
Assignment of the Interest. From and after the Closing, all equitable and legal rights, title and interests in and to the Interest shall be owned, held and exercised by Buyer. All capital calls, obligations and liabilities, if any, under the Company’s Operating Agreement shall be the sole responsibility of Buyer.
Appears in 1 contract
Sources: Interest Purchase Agreement (Siberian Energy Group Inc.)
Assignment of the Interest. From and after the Closing, all equitable and legal rights, title and interests in and to the Interest shall be owned, held and exercised by Buyer. All capital captial calls, obligations and liabilities, if any, under the Company’s 's Operating Agreement shall be the sole responsibility of Buyer.
Appears in 1 contract
Sources: Limited Liability Company Interest Purchase Agreement (Wade Cook Financial Corp)