Ownership Limitations. The provisions of this Article XIII shall be applicable as if the Company was a REIT, even if the Manager has not elected to have the Company qualify as a REIT, and shall remain in full force and effect until prior to the Restriction Termination Date:
Appears in 70 contracts
Samples: Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Arrived Debt Fund, LLC)
Ownership Limitations. The provisions of this Article XIII of this OPERATING AGREEMENT shall be applicable as if the Company COMPANY was a REIT, even if the Manager MANAGING MEMBER or BOARD OF DIRECTORS has not elected to have the Company COMPANY qualify as a REIT, and shall remain in full force and effect until prior to the Restriction Termination Date:
Appears in 8 contracts
Samples: Operating Agreement (Strategic Hotel Ventures, LLC), Operating Agreement (Century West Multifamily Income Reit, LLC), Operating Agreement (Anabasis Real Estate Investment Trust, LLC)
Ownership Limitations. The provisions of this Article XIII VIII shall be applicable as if the Company was a REIT, even if the Manager has not elected to have the Company qualify as a REIT, and shall remain in full force and effect until prior to the Restriction Termination Date:.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Ownership Limitations. The As of the Initial Date, the provisions of this Article XIII XII shall be applicable as if the Company was a REIT, even if the Manager Company has not elected to have the Company qualify as a REIT, and shall remain in full force and effect until prior to the Restriction Termination Date:
Appears in 1 contract
Samples: Operating Agreement (StartEngine Real Estate REIT 1 LLC)
Ownership Limitations. The provisions of this Article XIII shall be applicable as if the Company was a REIT, even if the Manager has not elected to have the Company qualify as a REIT, and shall remain in full force and effect until prior to the Restriction Termination Date:: 42
Appears in 1 contract
Samples: Operating Agreement
