Duties and Liabilities of Transferors. (A) If a Person Transfers an Interest (or an interest therein) in a Series, such Person or its transferee shall, upon the Manager’s request, reimburse such Series for any legal, accounting and other costs and expenses such Series incurs in connection with such Transfer, including costs and expenses associated with reviewing such Transfer for compliance with this Section 5.7 and applicable law.
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Samples: Limited Liability (Sow Good Investments, LLC), Limited Liability (Sow Good Investments, LLC), Limited Liability Company (Sow Good Investments, LLC)
Duties and Liabilities of Transferors. (A) If a Person Transfers an Interest (or an interest therein) in a Series), such Person or its transferee shall, upon the ManagerManaging Member’s request, reimburse such Series the Company for any legal, accounting and other costs and expenses such Series the Company incurs in connection with such Transfer, including costs and expenses associated with reviewing such Transfer for compliance with this Section 5.7 5.4 and applicable law.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC)
Duties and Liabilities of Transferors. (A) If a Person Transfers an Interest (or an interest therein) in a Series), such Person or its transferee shall, upon the Manager’s Managing Member's request, reimburse such Series the Company for any legal, accounting and other costs and expenses such Series the Company incurs in connection with such Transfer, including costs and expenses associated with reviewing such Transfer for compliance with this Section 5.7 5.4 and applicable law.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Fund II, LLC)
Duties and Liabilities of Transferors. (A) If a Person Transfers an Interest (or an interest therein) in a Series, such Person or its transferee shall, upon the ManagerManaging Member’s request, reimburse such Series for any legal, accounting and other costs and expenses such Series incurs in connection with such Transfer, including costs and expenses associated with reviewing such Transfer for compliance with this Section 5.7 and applicable law.
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