Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company property.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (PennyMac Financial Services, Inc.), Limited Liability Company Agreement (Pennymac Financial Services, Inc.), Limited Liability Company Agreement (Pennymac Financial Services, Inc.)
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company property, unless and until distributed to such Member.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (SeqLL, Inc.), Operating Agreement (VirTra, Inc), Operating Agreement (Nuvola, Inc.)
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no interest in specific Company propertyProperty.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (ZAIS Group Holdings, Inc.), Limited Liability Company Agreement (Hf2 Financial Management Inc.)
Member’s Interest. A Member’s Units shall for all purposes be personal property. A Member has no shall not have any interest in any specific Company propertyProperty.
Appears in 1 contract
