Registered Members. The Company shall be entitled to recognize the exclusive right of a party registered on its books as the owner of Membership Interests to receive distributions and to vote as such Member, and the Company shall not be bound to recognize any equitable or other claim to or interest in such Membership Interests on the part of any other party, whether or not it shall have express or other notice thereof, except as otherwise provided by the laws of the State of Delaware.
Appears in 4 contracts
Samples: Operating Agreement (Pacific Custom Materials Inc), Operating Agreement (American Materials Transport, Inc.), Operating Agreement (Pacific Custom Materials Inc)