Formed for a Specific Purpose. Such Member was not formed, reformed or recapitalized for the specific purpose of investing in the Company or to permit the Company to avoid classification as an investment company under the Investment Company Act and such Member is not required, and will not be required, to register as an “investment company” under the Investment Company Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Caesars Entertainment Operating Company, Inc.), Limited Liability Company Agreement
Formed for a Specific Purpose. Such Member (other than the Managing Member) was not formed, reformed or recapitalized for the specific purpose of investing in the Company or to permit the Company to avoid classification as an investment company under the Investment Company Act and such Member is not required, and will not be required, to register as an “investment company” under the Investment Company Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (CAESARS ENTERTAINMENT Corp), Limited Liability Company Agreement (Caesars Acquisition Co)
