Compliance with ERISA and State Statutes on Governmental Plans. (a) Not less than five (5) Business Days before each transfer of a direct or indirect interest in any Member (other than CNL or Crescent Parent), such Member shall cause the proposed transferee to deliver to CNL a certification in substantially the form of Exhibit E attached hereto and made a part hereof.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (Global Growth Trust, Inc.)
Compliance with ERISA and State Statutes on Governmental Plans. (a) Not less than five (5) Business Days before each transfer of a direct or indirect interest in any Member (other than CNL or Crescent ParentCNL), such Member shall cause the proposed transferee to deliver to CNL a certification in substantially the form of Exhibit E attached hereto and made a part hereof.
Appears in 3 contracts
Samples: Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (Global Growth Trust, Inc.), Limited Liability Company Agreement (Global Growth Trust, Inc.)
Compliance with ERISA and State Statutes on Governmental Plans. (a) Not less than five (5) Business Days before each transfer of a direct or indirect interest in any Member (other than CNL or Crescent ParentLMI Parent Company), such Member shall cause the proposed transferee to deliver to CNL a certification in substantially the form of Exhibit E D attached hereto and made a part hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Compliance with ERISA and State Statutes on Governmental Plans. (a) Not less than five (5) Business Days before each transfer of a direct or indirect interest in any Member (other than CNL or Crescent ParentCNL), such Member shall cause the proposed transferee to deliver to CNL a certification in substantially the form of Exhibit E F attached hereto and made a part hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
