Common use of Post-Effective Amendment Clause in Contracts

Post-Effective Amendment. The Company represents, warrants and covenants to you that if as of March 1, 2003 (unless extended no later than April 30, 2003 by the board of directors of the Company, then such later date), subscriptions for at least 18,000 Units shall not have been received, it will file a post-effective amendment to the Registration Statement de-registering all of the Units and if at the Offering Termination Date subscriptions for all the Units shall not have been received it will file a post-effective amendment to the Registration Statement de-registering the unsold Units and, in either case, will terminate any additional offerings of Units pursuant to such Registration Statement. In addition, the Company represents and warrants to you that it will file all reports required by the regulations with regard to sales of the Units and use of the proceeds therefrom.

Post-Effective Amendment. The Company represents, warrants and covenants to you that if as of March 115, 2003 (unless extended no later than April 30to August 31, 2003 by the board of directors managers of the Company, then such later dateAugust 31, 2003), subscriptions for at least 18,000 25,000,000 Units shall not have been received, it will file a post-effective amendment to the Registration Statement de-registering all of the Units and if at the Offering Termination Date subscriptions for all the Units shall not have been received it will file a post-effective amendment to the Registration Statement de-–registering the unsold Units and, in either case, will terminate any additional offerings of Units pursuant to such Registration Statement. In addition, the Company represents and warrants to you that it will file all reports required by the regulations with regard to sales of the Units and use of the proceeds therefrom.

Post-Effective Amendment. The Company represents, warrants and covenants to you that if as of March 1May 16, 2003 (unless extended to no later than April 30August 31, 2003 by the board of directors managers of the Company, then as of such later date), subscriptions for at least 18,000 25,000,000 Units shall not have been received, it will file a post-effective amendment to the Registration Statement de-registering all of the Units and if at the Offering Termination Date subscriptions for all the Units shall not have been received it will file a post-effective amendment to the Registration Statement de-registering the unsold Units and, in either case, will terminate any additional offerings of Units pursuant to such Registration Statement. In addition, the Company represents and warrants to you that it will file all reports required by the regulations with regard to sales of the Units and use of the proceeds therefrom.

Post-Effective Amendment. The Company represents, warrants and covenants to you that if as of March 1December 15, 2003 2002 (unless extended no later than April 30to March 31, 2003 by the board of directors managers of the Company, then such later dateMarch 31, 2003), subscriptions for at least 18,000 25,000,000 Units shall not have been received, it will file a post-effective amendment to the Registration Statement de-registering all of the Units and if at the Offering Termination Date subscriptions for all the Units shall not have been received it will file a post-effective amendment to the Registration Statement de-registering the unsold Units and, in either case, will terminate any additional offerings of Units pursuant to such Registration Statement. In addition, the Company represents and warrants to you that it will file all reports required by the regulations with regard to sales of the Units and use of the proceeds therefrom.