Remedies Not Limited. Subject to Section 7.1, nothing contained in this Article XIII shall limit the authority of the Manager to take such other action as it deems necessary or advisable to protect the Company and the interests of the Members in preserving the Company’s qualification as a REIT.
Appears in 77 contracts
Samples: Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Arrived Debt Fund, LLC)
Remedies Not Limited. Subject to Section 7.1, nothing Nothing contained in this Article XIII Section 11.7 shall limit the authority of the Manager to take such other action as it deems necessary or advisable to protect the Company and the interests of the its Members in preserving the Company’s qualification as a REIT. The Manager shall have all power and authority necessary or advisable to implement the provisions of this Section 11.7, and the Company is authorized specifically to seek equitable relief, including injunctive relief, to enforce the provisions hereof.
Appears in 5 contracts
Samples: Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement
Remedies Not Limited. Subject to Section 7.19.1, nothing contained in this Article XIII VIII shall limit the authority of the Manager to take such other action as it deems necessary or advisable to protect the Company and the interests of the Members in preserving the Company’s qualification as a REIT.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC)
Remedies Not Limited. Subject to Section 7.12.11, nothing contained in this Article XIII XII shall limit the authority of the Administrative Manager to take such other action as it deems necessary or advisable to protect the Company and the interests of the Members in preserving the Company’s qualification as a REIT.
Appears in 1 contract
Samples: Operating Agreement (StartEngine Real Estate REIT 1 LLC)
Remedies Not Limited. Subject to Section 7.1, nothing contained in this Article XIII shall limit the authority of the Manager to take such other action as it deems necessary or advisable to protect the Company and the interests of the Members in preserving the Company’s qualification as a REIT.. 44
Appears in 1 contract
Samples: Operating Agreement
