Common use of Suitability Requirements Clause in Contracts

Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandum.

Appears in 4 contracts

Samples: Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.)

AutoNDA by SimpleDocs

Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandum.

Appears in 2 contracts

Samples: Operating Agreement (IMH Financial Corp), Restated Operating Agreement (IMH Secured Loan Fund, LLC)

Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the investment suitability standards set forth in the MemorandumProspectus.

Appears in 2 contracts

Samples: Operating Agreement (Yosemite Mortgage Fund Ii LLC), Operating Agreement (Yosemite Mortgage Fund Ii LLC)

AutoNDA by SimpleDocs

Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandumprospectus.

Appears in 1 contract

Samples: Operating Agreement (Vestin Fund Iii LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.