Common use of Formation and Name Clause in Contracts

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods II, L.L.C." (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIVI, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIFair Oaks Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and an filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IICapital, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, were filed with the State Corporation Commission of Virginia ("SCC")) on November 1, 2002.

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IILandmark Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods III, L.L.C." (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIV, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIIV, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIIII, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIMarumsco Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIGlenkirk Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIOld Dominion Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIColes Run Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIZion Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIBrambleton Neighborhoods, L.L.C." (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIWall Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").

Formation and Name. The Member hereby agrees to and forms a limited liability company under the name of "Neighborhoods IIBeech Grove Neighborhoods, L.L.C.LLC" (the "Company"), pursuant to the provisions of the Act and this Agreement. The Member has executed and filed the Articles of Organization attached hereto as Exhibit A, with the State Corporation Commission of Virginia ("SCC").