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GIS » Topics » 1.7 Title to Assets.

This excerpt taken from the GIS 8-K filed Aug 3, 2007.

         1.7 Title to Assets.

        All Property owned by the Company shall be owned by the Company as an entity, and all Property owned by any Subsidiary of the Company shall be owned by such Subsidiary, and no Member shall have any ownership interest in such assets in its individual name. Each Member’s Interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its assets in the name of the Company, and each Subsidiary of the Company shall hold title to all of its assets in the name of such Subsidiary, and in each case not in the name of any Member.

This excerpt taken from the GIS 10-Q filed Jan 6, 2005.

        1.7     Title to Assets.

        All Property owned by the Company shall be owned by the Company as an entity, and all Property owned by any Subsidiary of the Company shall be owned by such Subsidiary, and no Member shall have any ownership interest in such assets in its individual name. Each Member’s Interest in the Company shall be personal property for all purposes. The Company shall hold title to all of its assets in the name of the Company, and each Subsidiary of the Company shall hold title to all of its assets in the name of such Subsidiary, and in each case not in the name of any Member.

EXCERPTS ON THIS PAGE:

8-K
Aug 3, 2007
10-Q
Jan 6, 2005

RELATED TOPICS for GIS:

"1.7 Title to Assets." elsewhere:

PEETS COFFEE & TEA INC (PEET)
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