Common use of Ownership of Membership Interests Clause in Contracts

Ownership of Membership Interests. The Member shall own all of the membership interests in the Company and the Member shall have a 100% distributive share of the Company’s profits, losses and cash flow.

Appears in 40 contracts

Samples: Operating Agreement (TransDigm Group INC), Limited Liability Company Agreement (TransDigm Group INC), Limited Liability Company Agreement (TransDigm Group INC)

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Ownership of Membership Interests. The Member shall own all of the membership interests in the Company and the Member shall have a 100% distributive share of the Company’s 's profits, losses and cash flow.

Appears in 18 contracts

Samples: Limited Liability Company Agreement (TransDigm Group INC), Operating Agreement (TransDigm Group INC), Operating Agreement (TransDigm Group INC)

Ownership of Membership Interests. The Member shall own owns all of the membership interests in the Company and the Member shall have a is entitled to 100% distributive share of the Company’s profits, losses and cash flow.

Appears in 2 contracts

Samples: Operating Agreement (Grede Wisconsin Subsidiaries LLC), Operating Agreement (Jernberg Industries, LLC)

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Ownership of Membership Interests. The Member shall own all of the membership interests in the Company and the Member shall have a 100% distributive share of the Company’s profits, losses and cash flow, and will continue to do so until such time, if ever, as another Member is admitted, at which time the Members shall agree to their respective membership interests.

Appears in 1 contract

Samples: Operating Agreement (Safeway Stores 42, Inc.)

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