Common use of Formation and Name Clause in Contracts

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park NeighborhoodsNeighborhoods III, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Coles Run Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park NeighborhoodsNeighborhoods VI, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Brambleton Neighborhoods, LLCL.L.C." (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park NeighborhoodsNeighborhoods Capital, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, were filed with the State Corporation Commission of Virginia ("SCC")) on November 1, 2002.

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Beech Grove Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Wall Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Glenkirk Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Fair Oaks Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and an filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park NeighborhoodsNeighborhoods II, LLCL.L.C." (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Spring Park Zion Neighborhoods, LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").