Common use of Effective Redemption Date Clause in Contracts

Effective Redemption Date. Redemption of the Interests in a Series will be made monthly upon written request to the Managing Member at least sixty (60) days prior to the effective redemption date. Our Managing Member intends to provide notice of redemption by the end of the first month following the sixtieth (60th) day after the submission of the redemption request (the “Effective Redemption Date”). The Effective Redemption Date will be no earlier than the sixtieth (60th) day following the submission of the redemption request. The Managing Member will remit the Effective Redemption Price within three (3) business days (but no more than five (5) business days) of the Effective Redemption Date; however, the period may be extended for administrative purposes. Members may withdraw their redemption request at any time prior to the Effective Redemption Date.

Effective Redemption Date. Redemption of the Interests in a Series will be made monthly upon written request to the Managing Member at least sixty (60) days prior to the effective redemption date. Our Managing Member intends to provide notice of redemption by the end of the first month following the sixtieth (60th) day after the submission of the redemption request (the “"Effective Redemption Date”"). The Effective Redemption Date will be no earlier than the sixtieth (60th) day following the submission of the redemption request. The Managing Member will remit the Effective Redemption Price within three (3) business days (but no more than five (5) business days) of the Effective Redemption Date; however, the period may be extended for administrative purposes. Members may withdraw their redemption request at any time prior to the Effective Redemption Date.