Common use of Administrative and Accounting Services Clause in Contracts

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Company. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the Company's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company and (ii) shall not provide any investment advisory services to the Company, and shall have no liability related to the foregoing. The Administrator shall provide the Company with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors meetings) for providing such services. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company for the acts and omissions of such other entities. In meeting its duties hereunder, Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyFund's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Fund and (ii) shall not provide any investment advisory services to the CompanyFund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors Managers' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's reasonable good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting accounting, administrative, and administrative investor services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyFund's Limited Liability Company Agreement governing documents and prospectus (the "LLC Agreement") and Offering Memorandum or other applicable documents), as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Fund and (ii) shall not provide any investment advisory services to the CompanyFund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Membersinvestors' and Board of Directors Directors' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyTEI Fund's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company TEI Fund and (ii) shall not provide any investment advisory services to the CompanyTEI Fund, and shall have no liability related to the foregoing. The Administrator shall provide the Company TEI Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors Managers' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company TEI Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyFund's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Fund and (ii) shall not provide any investment advisory services to the CompanyFund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors Managers' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's reasonable good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyFund's Limited Liability Company Agreement (the "LLC Agreement") governing documents and Offering Memorandum Prospectus as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Fund and (ii) shall not provide any investment advisory services to the CompanyFund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for MembersShareholder' and Board of Directors Trustees' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyPortfolio Fund's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Portfolio Fund and (ii) shall not provide any investment advisory services to the CompanyPortfolio Fund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Portfolio Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors Managers' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Portfolio Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the Company's Fund’s Limited Liability Company Agreement (the "“LLC Agreement"”) and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Fund and (ii) shall not provide any investment advisory services to the CompanyFund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' ’ and Board of Directors Managers’ meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's ’s reasonable good faith belief to be necessary and proper to perform its obligations under this Agreement.

Administrative and Accounting Services. The Administrator shall perform or arrange for and supervise the performance by others of the accounting and administrative services necessary for the operation of the Companyset forth in Schedule A hereto. In performing its duties under this Agreement, the Administrator will act in all material respects in accordance with the CompanyLexington Fund's Limited Liability Company Agreement (the "LLC Agreement") and Offering Memorandum as they may be amended (provided copies are delivered to the Administrator). The Administrator (i) shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company Lexington Fund and (ii) shall not provide any investment advisory services to the CompanyLexington Fund, and shall have no liability related to the foregoing. The Administrator shall provide the Company Lexington Fund with all necessary office space, equipment, supplies, personnel, compensation and facilities (including facilities for Members' and Board of Directors Managers' meetings) for providing such services. services identified in Schedule A. The Administrator may sub-contract with third parties to perform certain or all of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company Lexington Fund for the acts and omissions of such other entities. In meeting its duties hereunder, the Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.