Common use of Amendments to be Adopted by the Company Clause in Contracts

Amendments to be Adopted by the Company. Each Member agrees that the Managing Member or Officer of the Company, in accordance with and subject to the limitations contained in Article VI, may execute, swear to, acknowledge, deliver, file and record whatever documents may be required to reflect: (a) a change in the name of the Company in accordance with this Agreement, the location of the principal place of business of the Company or the registered agent or office of the Company which has been approved by the Managing Member; (b) admission or substitution of Members whose admission or substitution has been made in accordance with this Agreement; (c) a change that the Managing Member believes is reasonable and necessary or appropriate to qualify or continue the qualification of the Company as a limited liability company under the Laws of any state or that is necessary or advisable in the opinion of the Managing Member to ensure that the Company will not be taxable as a corporation or otherwise taxed as an entity for federal income tax purposes; and (d) an amendment that is necessary, in the opinion of counsel, to prevent the Company or its officers from in any manner being subjected to the provisions of the Investment Company Act of 1940, as amended, or “plan asset” regulations adopted under the Employee Retirement Income Security Act of 1974, as amended, whether or not substantially similar to plan asset regulations currently applied or proposed by the United States Department of Labor.

Amendments to be Adopted by the Company. Each Member agrees that the Managing Member or Officer of the CompanyMember, in accordance with under and subject to the limitations contained in Article VI6, may executesign, swear to, acknowledge, deliver, file file, and record whatever documents may be documents, including an amendment to this Agreement (including Exhibit B), as required to reflect: (a) a change in the name of the Company in accordance with this Agreement, approved by the Board; (b) the location of the principal place of business of the Company or the registered agent or office of the Company which has been approved by the Managing Member; (bc) admission or substitution of Members whose admission or substitution has been made in accordance with under this Agreement; (cd) a change that the Managing Member believes is reasonable and necessary or appropriate to qualify or continue the qualification of the Company as a limited liability company under the Laws of any state or that is necessary or advisable in the opinion of counsel to the Managing Member Company to ensure that the Company will not be taxable as a corporation or otherwise taxed as an entity for federal income tax purposes; and (de) an amendment that is necessary, in the opinion of counselcounsel to the Company, to prevent the Company or its officers from in any manner being subjected to the provisions of the Investment Company Act of 1940, as amended, or “plan asset” regulations adopted under the Employee Retirement Income Security Act of 1974, as amended, whether or not substantially similar to plan asset regulations currently applied or proposed by the United States Department of Labor.