Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, and equitable owner of the Membership Interests it is selling, free and clear of all Encumbrances whatsoever other than any restrictions imposed by the Existing Operating Agreements and is the sole member and sole managing member of each Management Company.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (MacKenzie Realty Capital, Inc.)
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, and equitable owner legal beneficial owners of 100% of the Membership Interests it is sellingInterests, free and clear of any and all Encumbrances whatsoever other than any restrictions imposed by the Existing Operating Agreements and is the sole member and sole managing member of each Management CompanyLiens.
Appears in 1 contract
Samples: Interest Purchase Agreement (Allegro Biodiesel Corp)
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, record and equitable owner of the Membership Interests it is sellingInterests, free and clear of all Encumbrances whatsoever other than any restrictions imposed by the Existing Operating Agreements and is the sole member and sole managing member of each Management CompanyLLC Agreement.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Sugarfina Corp)
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, and equitable lawful owner of the Membership Interests it is sellingInterests, free and clear of all Encumbrances whatsoever security interests, liens, encumbrances, equities and other than any restrictions imposed by the Existing Operating Agreements and is the sole member and sole managing member of each Management Companycharges.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Us Medsys Corp)
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, and equitable owner of the Membership Interests it is sellingInterests, free and clear of all Encumbrances whatsoever whatsoever, other than any restrictions imposed by those set forth in the Existing Operating Agreements and is the sole member and sole managing member of each Management CompanyCompany Organizational Documents.
Appears in 1 contract
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, record and equitable owner of the Membership Interests it is sellingInterests, free and clear of all Encumbrances whatsoever other than any restrictions imposed by those contained in the Existing Amended and Restated Operating Agreements and is Agreement dated September 13, 2016 (the sole member and sole managing member of each Management Company“LLC Agreement”).
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (TimefireVR Inc.)
Ownership of Membership Interests. (a) Seller is the sole legal, beneficial, record, record and equitable owner of the Membership Interests it is sellingInterest, free and clear of any and all Encumbrances whatsoever other than any restrictions imposed by the Existing Operating Agreements and is the sole member and sole managing member of each Management Companywhatsoever.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Sysorex, Inc.)
