Common use of Registered Owner Clause in Contracts

Registered Owner. The Company shall be entitled to treat the record holders of any interest as the member and holder of such membership interest and shall not be bound to recognize any equitable or other claim to or interest in such interest on the part of any other person, whether or not the Company shall have actual or other notice hereof, except (i) as otherwise provided by law and (ii) the interests of any pledge or other secured party (or agent therefor).

Appears in 9 contracts

Samples: Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC)

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Registered Owner. The Company shall be entitled to treat the record holders registered holder of any interest a Membership Interest as shown on the books and records of the Company as the member and Member or holder in fact of such membership interest and Membership Interest and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such interest Membership Interest on the part of any other personPerson, whether or not the Company shall have actual or other notice hereofthereof, except (i) as otherwise provided by law and (ii) the interests of any pledge or other secured party (or agent therefor)applicable law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC)

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Registered Owner. The Company shall be entitled to treat the record holders holder of any interest Unit as the member and holder of Member holding such membership interest and Unit. The Company shall not be bound to recognize any equitable or other claim to or interest in such interest Unit on the part of any other personPerson, whether or not the Company shall have actual or other notice hereof, except (i) as otherwise provided by law and (ii) the interests of any pledge or other secured party (or agent therefor).

Appears in 1 contract

Samples: Operating Agreement (Wilshire Enterprises Inc)

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