Common use of Annual Valuation Period Clause in Contracts

Annual Valuation Period. For the purpose of ERISA real estate operating company (“REOC”) compliance, the Partnership hereby establishes the period October 3 through December 31 of each year as its “annual valuation period” as defined in subsection (d)(5)(ii) of the United States Department of Labor Plan Asset Regulation, 29 CFR §2510.3-101.

Appears in 2 contracts

Samples: Cottonwood Multifamily Reit Ii, Inc., Cottonwood Multifamily Reit I, Inc.

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Annual Valuation Period. For the purpose of ERISA real estate operating company (“REOC”) compliance, the Partnership hereby establishes the 90-day period October 3 through December 31 commencing on January 1 of each year as its “annual valuation period” as defined in subsection (d)(5)(ii) of the United States Department of Labor Plan Asset Regulation, 29 CFR §2510.3-101.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Partnership Agreement (Cottonwood Multifamily Development REIT I, Inc.)

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