Common use of Multiple Ownership Clause in Contracts

Multiple Ownership. If any Transfer results in multiple ownership of any Member’s Units, the Company may require one or more trustees or nominees to be designated as representing a portion of or the entire interest transferred for purposes of (a) receiving all notices which may be given, and all payments which may be made, under this Agreement and (b) exercising all rights which the transferor as a Member has pursuant to the provisions of this Agreement.

Multiple Ownership. If any Transfer results in multiple ownership of any Member’s Units, the Company may require one or more trustees or nominees to be designated as representing a portion of or the entire interest transferred for purposes of (a) receiving all notices which may be given, and all payments which may be Confidential & Proprietary Subject to Completion made, under this Agreement and (b) exercising all rights which the transferor as a Member has pursuant to the provisions of this Agreement.

Multiple Ownership. If In the event of any Transfer results which shall result in multiple ownership of any Member’s UnitsInterest in the Company, the Company may require one or more trustees or nominees to be designated as representing a portion of or the entire interest Interest transferred for purposes of (a) receiving all notices which may be given, and all payments which may be made, under this Agreement and (b) exercising all rights which the transferor as a Member has pursuant to the provisions of this Agreement.

Multiple Ownership. If In the event of any Transfer results disposition which shall result in multiple ownership of any Member’s Units's interest in the Company, the Company Managing Members may require one or more trustees or nominees to be designated as representing to represent a portion of or the entire interest transferred for purposes the purpose of (a) receiving all notices which may be given, given and all payments which may be made, made under this Agreement and (b) for the purpose of exercising all rights which the transferor as a Member has had pursuant to the provisions of this Agreement.

Multiple Ownership. If In the event of any Transfer results disposition which shall result in multiple ownership of any Member’s UnitsMembers interest in the Company, the Company Managing Members may require one or more trustees or nominees to be designated as representing to represent a portion of or the entire interest transferred for purposes the purpose of (a) receiving all notices which noticeswhich may be given, given and all payments which may be made, made under this Agreement and (b) for the purpose of exercising all rights which the transferor as a Member has had pursuant to the provisions of this Agreement.

Multiple Ownership. If In the event of any Transfer results disposition which shall result in multiple ownership of any Member’s UnitsMembers interest in the Company, the Company Managing Members may require one or more trustees or nominees to be designated as representing to represent a portion of or the entire interest transferred for purposes the purpose of (a) receiving all notices which may be given, given and all payments which may be made, made under this Agreement and (b) for the purpose of exercising all rights which the transferor as a Member has had pursuant to the provisions of this Agreement.

Multiple Ownership. If In the event of any Transfer results disposition which shall result in multiple ownership of any Member’s Unitsinterest in the Company, the Company Managing Members may require one or more trustees or nominees to be designated as representing to represent a portion of or the entire interest transferred for purposes the purpose of (a) receiving all notices which may be given, given and all payments which may be made, made under this Agreement and (b) for the purpose of exercising all rights which the transferor as a Member has had pursuant to the provisions of this Agreement.