Common use of Initial Fees and Expenses Clause in Contracts

Initial Fees and Expenses. The following fees, costs and expenses in connection with any Initial Offering or Subsequent offering and the sourcing and acquisition of a Series Asset shall be borne by the relevant Series (except in the case of an unsuccessful Offering in which case all Abort Costs shall be borne by the Managing Member, and except to the extent assumed by the Managing Member in writing):

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Tirios Propco Series LLC), Limited Liability Company Agreement (Tirios Propco Series LLC), Series Limited Liability Company Agreement (Tirios Propco Series LLC)

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Initial Fees and Expenses. The following fees, costs and expenses in connection with any Initial Offering or Subsequent offering and the sourcing sourcing/acquisition, management, and acquisition disposition of a Series Asset shall be borne by the relevant Series (except in the case of an unsuccessful Offering in which case all Abort Costs shall be borne by the Managing MemberManager, and except to the extent assumed by the Managing Member Manager in writing):

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (Emporium Realty Fund I, LLC)

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Initial Fees and Expenses. The following initial fees, costs costs, and expenses in connection with any Initial Offering or Subsequent offering and the sourcing and sourcing/acquisition of a Series Asset shall be borne by the relevant Series and may be paid using Capital Contributions made to the Series (except in the case of an unsuccessful Offering in which case all Abort Costs shall be borne by the Managing Member, and except to the extent assumed by the Managing Member in writing):

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (Paradyme Fund a Ii, LLC)

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