Common use of Amendment, Suspension and Termination of Redemption Clause in Contracts

Amendment, Suspension and Termination of Redemption. The Managing Member may in its sole discretion, amend, suspend, or terminate the redemption plan at any time without prior notice, including to protect the Series’ operations and non-redeemed Members, to prevent an undue burden on the Series’ liquidity, to maintain the Company’s tax status, to comply with Federal Securities laws and regulations, or for any other reason.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Tirios Propco Series LLC), Limited Liability Company Agreement (Tirios Propco Series LLC), Series Limited Liability Company Agreement (Mansion Collection I LLC)

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Amendment, Suspension and Termination of Redemption. The Managing Member Manager may in its sole discretion, amend, suspend, or terminate the redemption plan at any time without prior notice, including to protect the Series’ operations and non-redeemed Members, to prevent an undue burden on the Series’ liquidity, to maintain the Company’s tax status, to comply with Federal Securities laws and regulations, or for any other reason.

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (Emporium Realty Fund I, LLC)

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Amendment, Suspension and Termination of Redemption. The Managing Member may in its sole discretion, amend, suspend, or terminate the redemption plan at any time without prior notice, including to protect the Series' operations and non-redeemed Members, to prevent an undue burden on the Series' liquidity, to maintain the Company’s 's tax status, to comply with Federal Securities laws and regulations, or for any other reason.

Appears in 1 contract

Samples: Property Management Agreement (Getaway Collection LLC)

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