Sole Member Sample Clauses
The Sole Member clause establishes that a limited liability company (LLC) has only one member, who holds all ownership interests in the company. In practice, this clause clarifies that all decisions, rights, and responsibilities typically assigned to members are vested in a single individual or entity, streamlining management and eliminating the need for member meetings or votes. Its core function is to ensure legal clarity regarding ownership and governance in single-member LLCs, reducing ambiguity and simplifying administrative requirements.
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Sole Member. As of the date hereof, the Member is the sole member of the Company and owns 100% of the membership interests of the Company and no other person has any right to take part in the ownership of the Company.
Sole Member. The Member shall be the sole member of the Company.
Sole Member. The Member is the sole member of the Company. The mailing address of the Member is: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Dallas, Texas 75201. The Company has issued all of the limited liability company interests in the Company to the Member. Additional members may be admitted only by written amendment of this Agreement, executed by the Member.
Sole Member. The Original Member is the sole member of the Company and owner of 100% of the Membership Interests in the Company.
Sole Member. The name and the address of the Sole Member is set forth on Schedule A, attached hereto. The Sole Member shall be the sole managing member of the Company.
Sole Member. The Sole Member of the Company is First Data Corporation, whose business address is ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇.
Sole Member. Calumet Lubricants Co., Limited Partnership, an Indiana limited partnership (the “Sole Member”), is the sole member of the Company.
Sole Member. The Sole Managing Member is the sole member of the Company.
Sole Member. The Company shall at all times be and remain a single member limited liability company, and it shall not have more than one Member at any time; nor shall the Member be entitled to divide or subdivide the Membership Interest in any manner whatsoever.
Sole Member. Except as otherwise provided in this Agreement, the business and affairs of the Company shall be managed under the direction of the Sole Member, who, except as expressly provided otherwise in this Agreement, shall make all decisions and take all actions for the Company. The Sole Member shall have the power and authority to delegate to one or more other Persons the Sole Member’s rights and power to manage and control the business and affairs of the Company.