Common use of Member Interest Clause in Contracts

Member Interest. The sole Member of the Company shall have a one hundred percent (100%) “membership interest” (as such term is used in the Texas Act) in the Company. From time to time the Manager shall amend Exhibit A attached hereto as necessary to reflect the aggregate capital contributions of the Member(s).

Member Interest. The sole Member of the Company shall have a one hundred percent (100%) “membership interest” (as such term is used in the Texas Act) in the Company. From time to time the Manager shall amend Exhibit A attached Aattached hereto as necessary to reflect the aggregate capital contributions of the Member(s).