Common use of Proposed Transaction Clause in Contracts

Proposed Transaction. Bluerock determines to admit a new member who agrees to make a Capital Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 18% IRR and no residual interest. Application of Section 9.l(e): The Proposed Transaction is prohibited without ArchCo's consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make a Capital Contribution Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 1812% IRR and no residual interest10% of all Distributable Funds thereafter. Application of Section 9.l(e9.1(e): The Proposed Transaction is prohibited permitted without ArchCo's consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.consent. Section 6.3 would be modified to provide for distributions to be made as follows:

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make a Capital Contribution Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 1812% IRR and no residual interest10% of all Distributable Funds thereafter. Application of Section 9.l(e9.1(e): The Proposed Transaction is prohibited permitted without ArchCo's consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.’s consent. Section 6.3 would be modified to provide for distributions to be made as follows:

Proposed Transaction. Bluerock determines to admit a new member who agrees to make a Capital Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 18% IRR and no residual interest. Application of Section 9.l(e): The Proposed Transaction is prohibited without ArchCo's consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.

Proposed Transaction. Bluerock determines to admit a new member who agrees to make a Capital Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 18% IRR and no residual interest. Application of Section 9.l(e9.1(e): The Proposed Transaction is prohibited without ArchCo's ’s consent since it effectively results in a potential additional subordination of ArchCo's ’s 12% carried interest.

Proposed Transaction. Bluerock determines to admit a new member to the Company who agrees to make a Capital Contribution Contributions (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 1812% IRR and no residual interest10% of all Distributable Funds thereafter. Application of Section 9.l(e9.1(e): The Proposed Transaction is prohibited permitted without ArchCo's consent since it effectively results in a potential additional subordination of ArchCo's 12% carried interest.ArchCo or Sxxxx LLC. Sections 6.3(e)-(g) would be modified to provide for distributions to be made as follows:

Proposed Transaction. Bluerock determines to admit a new member who agrees to make a Capital Contribution (which Bluerock would otherwise be permitted to make hereunder) subject to receipt of a senior preferred 18% IRR and no residual interest. Application of Section 9.l(e9.1(e): The Proposed Transaction is prohibited without ArchCo's ’s consent since it effectively results in a potential additional subordination of ArchCo's ’s 12% carried interest. Example 3.