Common use of Proposed Transaction Clause in Contracts

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make Capital Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 12% IRR and 10% of all Distributable Funds thereafter. Application of Section 9.1(e): The Proposed Transaction is permitted without ArchCo’s consent. Section 6.3 would be modified to provide for distributions to be made as follows:

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make a Capital Contributions Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 1218% IRR and 10% of all Distributable Funds thereafterno residual interest. Application of Section 9.1(e9.l(e): The Proposed Transaction is permitted prohibited without ArchCo’s consent. Section 6.3 would be modified to provide for distributions to be made as follows:'s consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make Capital Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 12% IRR and 10% of all Distributable Funds thereafter. Application of Section 9.1(e): The Proposed Transaction is permitted without ArchCo’s 's consent. Section 6.3 would be modified to provide for distributions to be made as follows:

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make a Capital Contributions Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 1218% IRR and 10% of all Distributable Funds thereafterno residual interest. Application of Section 9.1(e): The Proposed Transaction is permitted prohibited without ArchCo’s consentconsent since it effectively results in a potential additional subordination of ArchCo’s 12% carried interest. Section 6.3 would be modified to provide for distributions to be made as follows:Example 3.

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make Capital Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 12% IRR and 10% of all Distributable Funds thereafter. Application of Section 9.1(e): The Proposed Transaction is permitted without ArchCo’s consentconsent of ArchCo or Sxxxx LLC. Section 6.3 Sections 6.3(e)-(g) would be modified to provide for distributions to be made as follows: