Record Holders of Units. The Company shall be entitled to treat the person in whose name any Units of the Company stand on the books of the Company as the absolute owner thereof and as a Member of the Company holding the interests evidenced by those Units. The Company shall not be bound to recognize any equitable or other claim to, or interest in, such Unit or Units on the part of any other person, whether or not the Company has express or other notice of any such claim.
Appears in 5 contracts
Samples: Limited Liability (Lin Television of Texas Inc), Limited Liability (Lin Television of Texas Inc), Lin Television of Texas Inc
Record Holders of Units. The Company shall be entitled to treat the person Person in whose name any Units of the Company stand on the books and records of the Company as the absolute owner thereof thereof, and as a Member of the Company holding the interests membership interest evidenced by those Units. The Company shall not be bound to recognize any equitable or other claim to, or interest in, such Unit or Units on the part of any other personPerson, whether or not the Company has express or other notice of any such claim.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)
