Common use of Key Man Provision Clause in Contracts

Key Man Provision. Xxx Xxxxxx is considered an integral part of the Fund’s investments and operations (a “Key Man”). If Xx. Xxxxxx were to leave the Manager, die, or become permanently disabled, the Manager’s ability to continue the management of the Fund could be materially and adversely affected. Upon the death or permanent disability of Xx. Xxxxxx, the Members shall have the right to approve a replacement Key Man by majority vote for a period of up to one year. If no replacement Key Man is appointed by the Members within the maximum one year period, the Fund, at Manager’s option shall permanently cease to make new investments and shall proceed with an orderly liquidation of its Assets.

Key Man Provision. Xxx Xxxxxx is considered an integral part of the Fund’s investments and operations (a “Key Man”). If Xx. Xxxxxx were to leave the Manager, die, or become permanently disabled, the Manager’s ability to continue the management of the Fund could be materially and adversely affected. Upon the death or permanent disability of Xx. Xxxxxx, the Members shall have the right to approve a replacement Key Man by majority vote for a period of up to one year. If no replacement Key Man is appointed by the Members within the maximum one year period, the Fund, at Manager’s option Fund shall permanently cease to make new investments and shall proceed with an orderly liquidation of its Assets.

Key Man Provision. Xxx Xxxxxx X. Xxxxx Stem is considered an integral part of the Fund’s investments and operations (a “Key Man”). If Xx. Xxxxxx X. Xxxxx Stem were to leave the Manager, die, or become permanently disabled, the Manager’s ability to continue the management of the Fund could be materially and adversely affected. Upon the death or permanent disability of Xx. XxxxxxX. Xxxxx Stemr, the Members shall have the right to approve a replacement Key Man by majority vote for a period of up to one year. If no replacement Key Man is appointed by the Members within the maximum one year period, the Fund, at Manager’s option shall permanently cease to make new investments and shall proceed with an orderly liquidation of its Assets.

Key Man Provision. Xxx Xxxxxx Xxxxx is considered an integral part of the Fund’s investments and operations (a “Key Man”). If Xx. Xxxxxx Xxxxx were to leave the Manager, die, or become permanently disabled, the Manager’s ability to continue the management of the Fund could be materially and adversely affected. Upon the death or permanent disability of Xx. XxxxxxXxxxxx Riggsr, the Members shall have the right to approve a replacement Key Man by majority vote for a period of up to one year. If no replacement Key Man is appointed by the Members within the maximum one year period, the Fund, at Manager’s option shall permanently cease to make new investments and shall proceed with an orderly liquidation of its Assets.