CWS. For purposes of this Section 15.1, CWS and Promote Member shall be considered one Member and Promote Member is hereby authorized to receive notices and make elections on behalf of CWS and Promote Member under this Section 15.1. Accordingly, if Bluerock desires to initiate the provisions of this Section 15.1, then it must exercise such option as to all of the Members comprising CWS and Promote Member.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)