Common use of Operating Agreement Clause in Contracts

Operating Agreement. You haves received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Agreement constitutes your consent to and execution of the Operating Agreement, and, that upon acceptance of this Agreement by the Company, you will become a member of the Company as a holder of Shares. When this Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as of the closing date.

Appears in 7 contracts

Samples: Form of Subscription Agreement (Masterworks 001, LLC), Form of Subscription Agreement (Masterworks 001, LLC), Form of Subscription Agreement (Masterworks 001, LLC)

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Operating Agreement. You haves received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Agreement constitutes your consent to and execution of the Operating Agreement, and, and that upon acceptance of this Agreement by the Company, you will become a member of the Company as a holder of Shares. When this Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as of the applicable closing date.

Appears in 5 contracts

Samples: Form of Subscription Agreement (Masterworks 093, LLC), Form of Subscription Agreement (Masterworks 161, LLC), Form of Subscription Agreement (Masterworks 146, LLC)

Operating Agreement. You haves have received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Subscription Agreement constitutes your consent to and execution of the Operating Agreement, and, and that upon acceptance of this Subscription Agreement by the Company, you will become a member shareholder of the Company as a holder of SharesClass A Interests. When this Subscription Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as acceptance of the closing dateyour subscription.

Appears in 4 contracts

Samples: Subscription Agreement (Xiv-I Invest 1, LLC), Subscription Agreement (Real Street Build-to-Rent Fund I, LLC), Subscription Agreement (Real Street Build-to-Rent Fund I, LLC)

Operating Agreement. You haves have received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Subscription Agreement constitutes your consent to and execution of the Operating Agreement, and, and that upon acceptance of this Subscription Agreement by the Company, you will become a member shareholder of the Company as a holder of SharesClass A Units. When this Subscription Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as acceptance of the closing dateyour subscription.

Appears in 2 contracts

Samples: Subscription Agreement (Benchmark Real Estate Investment Fund, LLC), Subscription Agreement (Brookwood Fenton Investments LLC)

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Operating Agreement. You haves have received and read a copy of the Company’s Operating Second Amended and Restated Limited Liability Company Agreement (the “Operating Agreement”) and agree that your execution of this Agreement constitutes your consent to and execution of the Operating Agreement, and, that upon acceptance of this Agreement by the Company, you will become a member of the Company as a holder of SharesUnits. When this Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as of the applicable closing date.

Appears in 1 contract

Samples: Subscription Agreement

Operating Agreement. You haves have received and read a copy of the Company’s Operating Agreement operating agreement (the “Operating Agreement”) and agree that your execution of this Agreement constitutes your consent to and execution of the Operating Agreement, and, and that upon acceptance of this Subscription Agreement by the Company, you will become a member of the Company as a holder of SharesClass A Membership Interests. When this Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as acceptance of the closing dateyour subscription.

Appears in 1 contract

Samples: + Subscription Agreement (Holiday Lifestyle Fund I)

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