Limitation on Number of Holders. Notwithstanding any provision hereof to the contrary, the number of Holders of Interests shall be limited to fewer than 100. Solely for purposes of determining the number of Holders of Interests under this Section 5.8, each beneficial owner of a grantor trust that is itself a Holder shall be treated as a Holder of such Interest.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Master Value Opportunities LLC), Limited Liability Company Agreement (Master Basic Value LLC), Limited Liability Company Agreement (Master Senior Floating Rate LLC)
Limitation on Number of Holders. Notwithstanding any provision hereof to the contrary, the number of Holders of Interests in any Series shall be limited to fewer than 100. Solely for purposes of determining the number of Holders of Interests in any Series under this Section 5.8, each beneficial owner of a grantor trust that which is itself a Holder shall be treated as a Holder of such Interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Quantitative Master Series LLC), Limited Liability Company Agreement (Blackrock Master LLC)
Limitation on Number of Holders. Notwithstanding any provision hereof to the contrary, the number of Holders of Interests in any Series shall be limited to fewer than 100. Solely for purposes of determining the number of Holders of Interests in any Series under this Section 5.8, each beneficial owner of a grantor trust that is itself a Holder shall be treated as a Holder of such Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Financial Services Master LLC)
