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Common use of Ownership of Interests Clause in Contracts

Ownership of Interests. The ownership of Interests shall be recorded on the books of the Fund or a transfer or similar agent for the Fund. No certificates certifying the ownership of Interests shall be issued except as the Board of Directors may otherwise determine from time to time.

Appears in 5 contracts

Sources: Operating Agreement (Grosvenor Registered Multi-Strategy Master Fund, LLC), Operating Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Operating Agreement (Columbia Management Multi Strategy Hedge Fund LLC)

Related Clauses

  • Joint Ownership of Interests
  • Ownership of Membership Interests
  • Ownership of Results
  • Ownership of the Shares
  • Ownership of Warrants

Parent Clauses

  • Representations and Warranties
  • Representations Warranties and Covenants
  • Representations, Warranties and Covenants of Interest Owners
  • REPRESENTATIONS AND WARRANTIES OF SELLER
  • REPRESENTATIONS AND WARRANTIES OF THE SELLERS

Sub-Clauses

  • Interests in TEF GP
  • Partnership Interest
  • Distribution of Production
  • Proration of Income and Expenses
  • Suspended Funds
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