Nature of Interest. A Member's interest in the Master LLC or any Series constitutes personal property. No Member has any interest in any specific asset or property of the Company or any Series.
Appears in 8 contracts
Sources: Purchase Agreement, Purchase Agreement, Purchase Agreement
Nature of Interest. A Member's ’s interest in the Master LLC or any Series constitutes personal property. No Member has any interest in any specific asset or property of the Company or any Series.
Appears in 2 contracts
Sources: Limited Liability Company Agreement, Operating Agreement
Nature of Interest. A Member's member’s interest in the Master LLC or any Series constitutes personal property. No Member member has any interest in any specific asset or property of the Company or any Series.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Freeport Holdings Series LLC)