Common use of Overview and authentication Clause in Contracts

Overview and authentication. According to Gxxxxx Auctions, this card represents “A triumphant portrait of Txxxx Xxxxx graces the front of this SP Authentic “Authentic Stars” collectible. The incomparable star, pictured at a slight angle as he watches the flight of his ball, is a 15-time major tournament winner and easily the most famous golfer of all-time.” · Wxxxx has signed this clean card in brilliant blue ink, placing his signature in a prime position on the card’s front. · A statement on the card’s back by Upper Deck attests to the authenticity of the signature, and serves as the item’s COA. The limited-edition piece is serial-numbered “396/900.” · Graded Gem Mint 10 by PSA, this card also features an autograph grade of 10 making it exceedingly rare and a POP 38 out of the 353 submissions to PSA. · The card features Txxxx Xxxxx in a Nike polo, club in hand, seemingly finishing a chip shot. A congratulatory statement on the card's back attests to the authenticity of the signature, and serves as Upper Deck’s COA. There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 going forward. Series Designation of #LEBRONBOWMANREFRACTOR10, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 until dissolution of #LEBRONBOWMANREFRACTOR10 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 through that certain Consignment Agreement dated as of May 5, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,000. Number of #LEBRONBOWMANREFRACTOR10 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 Interests (excluding the #LEBRONBOWMANREFRACTOR10 Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 Offering, SERIES #LeBronBowmanRefractor10 will purchase a LxXxxx Xxxxxx Refractor 10 (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

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Overview and authentication. According This is the only recognized rookie card of the legendary quarterback and one of the keys to Gxxxxx Auctionsthe 1957 Topps set. · Graded PSA 8, this is one of 189 to receive that grade out of 3,248 total submissions with only 8 receiving a higher grade. · The most recent sale of this card in a PSA 8 grade was for $21,101 on 4/23/21, up from $15,000 and $14,500 in the beginning of the month. · One of the more visually appealing vintage football cards, this card represents “A triumphant features two images of Unitas (a smiling portrait and a posed action shot) set against two bright orange and green background panels. · This card features a portrait of Txxxx Xxxxx graces the front of this SP Authentic “Authentic Stars” collectible. The incomparable star, pictured at Jxxxxx Xxxxxx as well as a slight angle as he watches the flight of his ball, is a 15-time major tournament winner and easily the most famous golfer of all-time.” · Wxxxx has signed this clean card in brilliant blue ink, placing his signature in a prime position on the card’s front. · A statement on the card’s back by Upper Deck attests to the authenticity of the signature, and serves as the item’s COA. The limited-edition piece is serial-numbered “396/900.” · Graded Gem Mint 10 by PSA, this card also features an autograph grade of 10 making it exceedingly rare and a POP 38 out of the 353 submissions to PSA. · The card features Txxxx Xxxxx in a Nike polo, club in hand, seemingly finishing a chip shot. A congratulatory statement on the card's back attests to the authenticity of the signature, and serves as Upper Deck’s COAposed throwing image set against two colored backgrounds. There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 UnitasPSA8 going forward. Series Designation of #LEBRONBOWMANREFRACTOR10UNITASPSA8, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10UNITASPSA8, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 until dissolution of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 UNITASPSA8 through that certain Consignment Agreement dated as of May 57, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 UNITASPSA8 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,0002,000,000. Number of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 UNITASPSA8 sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests (excluding the #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10UNITASPSA8, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 UNITASPSA8 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 Offering, SERIES #LeBronBowmanRefractor10 will purchase a LxXxxx Xxxxxx Refractor 10 (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

Overview and authentication. According A Hall of Famer, in a Topps Rookie Card appearance, Kxxx Xxxxxx shines on this Topps Finest Refractor “Heirs” debut-year collectible. Bxxxxx, the 13th pick in the 1996 NBA Draft out of Lower Merion High School, is pictured twisting his back to Gxxxxx Auctionsthe viewer in his gold Lakers home uniform. · Graded a 9.5 by BGS, this card is considered a “True Gem Plus Plus” with TWO 9.5 subgrades and TWO 10 subgrades. Of the 187 total submissions 42 received a 9.5 grade with 5 receiving an overall grade of 10. · Of the 42 to have received a 9.5, this card represents one of the THREE to have received a A triumphant portrait of Txxxx Xxxxx graces True Gem Plus Plus” designation. · CardLadder tracks the front most recent sale of this SP Authentic “Authentic Stars” collectible. The incomparable star, pictured at a slight angle as he watches the flight of his ball, is a 15-time major tournament winner and easily the most famous golfer of all-time.” · Wxxxx has signed this clean card in brilliant blue inka 9.5 without coating as $44,280 on 4/06/21 via Gxxxxx Auctions. Important to note the example referred to had FOUR 9.5 subgrades, placing his signature while the card contained in a prime position on the card’s front. · A statement on the card’s back by Upper Deck attests to the authenticity of the signature, this offering received TWO 9.5 subgrades and serves as the item’s COA. The limited-edition piece is serial-numbered “396/900.” · Graded Gem Mint TWO 10 by PSA, this card also features an autograph grade of 10 making it exceedingly rare and a POP 38 out of the 353 submissions to PSAsubgrades. · The card features Txxxx Xxxxx Kobe in a Nike poloyellow Lakers jersey, club set against a gold refractor background, in hand, seemingly finishing a chip shot. A congratulatory statement on the card's back attests to the authenticity of the signature, and serves as Upper Deck’s COAmid-reverse dunk. There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 Kobe96FinestRefractorsBGS9.5 going forward. Series Designation of #LEBRONBOWMANREFRACTOR10TIGERSP1010, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10TIGERSP1010, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 until dissolution of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 TIGERSP1010 through that certain Consignment Agreement dated as of May 5, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 TIGERSP1010 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,000150,000. Number of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 TIGERSP1010 sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests (excluding the #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10TIGERSP1010, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 TIGERSP1010 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 TigerSP1010 Offering, SERIES #LeBronBowmanRefractor10 TigerSP1010 will purchase a LxXxxx Xxxxxx Refractor 10 Txxxx Xxxxx 2001 SP Authentic Golf Authentic Stars Autogaphs PSA 10/10 (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10TigerSP1010, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

Overview and authentication. According to Gxxxxx AuctionsPanini Flawless Basketball is considered one of the premier high-end modern basketball products. Rookie Patch Autographs and Rookie Autographs from this product are among the most sought after and frequently bring record prices at auction. · This offering contains FOUR Kxxxx Xxxxxxx Flawless Rookie Autograph cards, this card represents “A triumphant portrait of Txxxx Xxxxx graces the front of this SP Authentic “Authentic Stars” collectiblevarying in rarity. The incomparable staroffering is composed of one Emerald /5, pictured at one Gold /10, one Ruby /15 and one Base Autograph /25. · The Emerald /5 received a slight angle as he watches grade of BGS 9.5, making it a POP 1 and the flight highest graded example out of 3 submissions. · The Gold /10, Ruby /15 and Base /25 all received grades of PSA 10, making them all POP 1s. · This offering not only contains all 4 cards in the “rainbow” of Kxxxx Xxxxxxx Flawless Rookie Autographs but also all POP 1 highest graded examples for each parallel, making this one of, if not the rarest collections of Kxxxx Xxxxxxx rookie cards. · These cards feature Lxxxxxx in his ball, is a 15Spurs jersey mid-time major tournament winner and easily dribble with the most famous golfer of all-time.” · Wxxxx has signed this clean card ball in brilliant blue ink, placing his signature in a prime position left hand. Congratulatory statements on the card’s front. · A statement on the card’s back by Upper Deck attests 's backs attest to the authenticity of the signaturesignatures, and serves serve as the item’s COA. The limited-edition piece is serial-numbered “396/900.” · Graded Gem Mint 10 by PSA, this card also features an autograph grade of 10 making it exceedingly rare and a POP 38 out of the 353 submissions to PSA. · The card features Txxxx Xxxxx in a Nike polo, club in hand, seemingly finishing a chip shot. A congratulatory statement on the card's back attests to the authenticity of the signature, and serves as Upper DeckPanini’s COA. There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 KawhiFlawlessRainbow going forward. Series Designation of #LEBRONBOWMANREFRACTOR10THEROCKBUMBLEBEEPSA10, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10THEROCKBUMBLEBEEPSA10, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 until dissolution of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 through that certain Consignment Agreement dated as of May 5, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,00060,000. Number of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests (excluding the #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10THEROCKBUMBLEBEEPSA10, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 THEROCKBUMBLEBEEPSA10 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 Offering, SERIES #LeBronBowmanRefractor10 will purchase a LxXxxx Xxxxxx Refractor 10 (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

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Overview and authentication. This offering contains a Txx Xxxxxxxx game used bat that has been dated to the 1947 season in which he won the Triple Crown with a .343 batting average including 32 home runs and 114 RBI. · According to Gxxxxx Auctions, this card represents A triumphant portrait of Txxxx Xxxxx graces the front of this SP Authentic “Authentic Stars” collectibleThe bat's handle reveals some particular Wxxxxxxx characteristics as well. The incomparable starslugger used a combination of resin and olive oil to enhance his grip and this bats' surface shows the remains of that substance...Period photographs show that Wxxxxxxx made contact with the ball in the area above the stamped signature, pictured at a slight angle as he watches the flight of his ball, is a 15-time major tournament winner and easily the most famous golfer of all-timethis bat exhibits this characteristic.” · Wxxxx has signed this clean card in brilliant blue ink, placing his signature in a prime position on the card’s front. · A statement on the card’s back by Upper Deck attests to the authenticity museum-worthy bat dating from one of the signaturemost memorable seasons of the game's greatest hitter. This bat comes with a full LOA from PSA/DNA who have graded the bat GU-9 and full LOA from Mxxxx, and serves as the item’s COA. The limited-edition piece is serial-numbered “396/900.who have graded this bat a 9.5” · Graded Gem Mint 10 This Hxxxxxxxx & Bradsby bat was used by PSA, this card also features an autograph grade of 10 making it exceedingly rare and a POP 38 out of Wxxxxxxx to win the 353 submissions to PSA. · The card features Txxxx Xxxxx Triple Crown in a Nike polo, club in hand, seemingly finishing a chip shot. A congratulatory statement on the card's back attests to the authenticity of the signature, and serves as Upper Deck’s COA1947 . There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 TedWilliamsTripleCrownBat going forward. Series Designation of #LEBRONBOWMANREFRACTOR10BABERUTHBOWSOUTPHOTO, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10BABERUTHBOWSOUTPHOTO, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO until dissolution of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO through that certain Consignment Agreement dated as of May 57, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,00075,000. Number of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests (excluding the #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10BABERUTHBOWSOUTPHOTO, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 BABERUTHBOWSOUTPHOTO from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 BabeRuthBowsOutPhoto Offering, SERIES #LeBronBowmanRefractor10 BabeRuthBowsOutPhoto will purchase a LxXxxx Xxxxxx Refractor 10 Bxxx Xxxx Bows Out Vintage Photo (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10BabeRuthBowsOutPhoto, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

Overview and authentication. According to Gxxxxx AuctionsThis offering contains TWO Mxxxxxx Xxxxxx Jr Rookie Cards, this card represents “A triumphant portrait 2018-19 Panini Prizm Fast Break Rookie Autographs Black and 2018-19 Panini Prizm Pink Pulsar both in PSA 10 grades. · Pink Pulsars are serial numbered out of Txxxx Xxxxx graces 42 and the front of this SP Authentic “Authentic Stars” collectible. The incomparable star, pictured at a slight angle as he watches the flight of his ball, Fast Break Black is a 15-time major tournament winner true 1/1 and easily numbered as such. · While both of these cards are highly sought after and rare, it is important to note the most famous golfer of all-time.” · Wxxxx has signed this clean card in brilliant blue ink, placing his signature in a prime position Black 1/1 is on the card’s front. very short list of best overall rookie cards across all products for Mxxxxxx Xxxxxx Jr. · A statement on Of the card’s back by Upper Deck attests 18 Pink Pulsar submissions to the authenticity of the signature, and serves as the item’s COA. The limited-edition piece is serial-numbered “396/900.” · Graded Gem Mint 10 by PSA, this card also features an autograph offering contains 1 of 12 have received a grade of 10 making PSA 10. · As it exceedingly rare and is a POP 38 out true 1/1, this offering contains the ONLY copy of the 353 submissions to PSAFast Break Autographs Black Refractor. It too received a grade of PSA 10. · The card features Txxxx Xxxxx These cards feature Porter Jr in a Nike polo, club in hand, seemingly finishing a chip shothis Nuggets jersey. A congratulatory statement on the Autographed card's back attests to the authenticity of the signature, and serves as Upper DeckPanini’s COA. There are none. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #TigerSP1010 MichaelPorterJrBasket going forward. Series Designation of #LEBRONBOWMANREFRACTOR10KAWHIFLAWLESSRAINBOW, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONBOWMANREFRACTOR10KAWHIFLAWLESSRAINBOW, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW until dissolution of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW through that certain Consignment Agreement dated as of May 5, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests the Company can issue may not exceed the purchase price, in the aggregate, of $200,000250,000. Number of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW sold at the Initial Offering of the #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests (excluding the #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests acquired by any Person other than Investor Members). Other rights Holders of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW Interests. Officers There shall initially be no specific officers associated with #LEBRONBOWMANREFRACTOR10KAWHIFLAWLESSRAINBOW, although, the Managing Member may appoint Officers of #LEBRONBOWMANREFRACTOR10 KAWHIFLAWLESSRAINBOW from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #LeBronBowmanRefractor10 KawhiFlawlessRainbow Offering, SERIES #LeBronBowmanRefractor10 KawhiFlawlessRainbow will purchase a LxXxxx Xxxxxx Refractor 10 Kxxxx Xxxxxxx 2012-13 Panini Flawless Rookie Autographs Rainbow (/5, /10, /15 & /25) (The “Underlying Asset” with respect to SERIES #LeBronBowmanRefractor10KawhiFlawlessRainbow, as applicable), the specifications of which are set forth below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC)

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