Common use of Registered Members Clause in Contracts

Registered Members. The Company shall be entitled to treat the holder of record of any Membership Interest as the holder in fact of such Membership Interest for all purposes, and accordingly shall not be bound to recognize any equitable or other claim to or interest in such Membership Interest on the part of any other person, whether or not it shall have express or other notice of such claim or interest, except as expressly provided by this Agreement or the laws of Texas.

Appears in 2 contracts

Samples: Company Agreement (AMFM Broadcasting Licenses, LLC), Company Agreement (AMFM Broadcasting Licenses, LLC)

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Registered Members. The Company shall be entitled to treat the holder of record of any Membership Interest as the holder in fact of such that Membership Interest for all purposes, and accordingly shall not be bound to recognize any equitable or other claim to or interest in such that Membership Interest on the part of any other person, whether or not it shall have express or other notice of such the claim or interest, except as expressly provided by this Agreement or the laws of Texas.

Appears in 2 contracts

Samples: Company Agreement (Cabana Beverages, Inc.), Company Agreement (Cabana Beverages, Inc.)

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