Common use of Nature of Interests Clause in Contracts

Nature of Interests. The Units shall for all purposes be personal property. No Member or Assignee has any interest in specific Company property. Each Member hereby waives any and all rights such Person may have to initiate or maintain any suit or action for partition of the Company’s assets.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Zentalis Pharmaceuticals, Inc.), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC)

AutoNDA by SimpleDocs

Nature of Interests. The Units and all other Membership Rights shall for all purposes be personal property. No Member or Assignee has any interest in specific Company property. Each Member hereby waives any and all rights such Person may have to initiate or maintain any suit or action for partition of the Company’s assets.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Capital Real Estate Trust Inc), Limited Liability Company Agreement (First Capital Real Estate Trust Inc)

Nature of Interests. The Units and all other Interests shall for all purposes be personal property. No Member or Assignee has any interest in specific Company property. Each Member hereby waives any and all rights such Person may have to initiate or maintain any suit or action for partition of the Company’s assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (KC Holdco, LLC)

AutoNDA by SimpleDocs

Nature of Interests. The Units and all other Membership Rights shall for all purposes be personal property. No Member or Assignee has any interest in specific Company property. Each Member hereby waives any and all rights such Person may have to initiate or maintain any suit or action for partition of the Company’s 's assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (First Capital Real Estate Trust Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.