R E C I T A L S. Whereas, as of the Effective Date, Masterworks has agreed to acquire an artwork (the “Artwork”) to be owned by the Portfolio as described in an Offering Circular filed by the Issuer with the Securities and Exchange Commission (the “SEC”) relating to an offering of shares of the Issuer (the “Offering”) and the initial closing of the Offering has occurred; and
Appears in 152 contracts
Samples: Management Services Agreement (Masterworks 254, LLC), Management Services Agreement (Masterworks 283, LLC), Management Services Agreement (Masterworks 286, LLC)
R E C I T A L S. Whereas, as of the Effective Date, Masterworks has agreed to acquire an artwork a painting (the “ArtworkPainting”) to be owned by the Portfolio as described in an Offering Circular filed by the Issuer with the Securities and Exchange Commission (the “SEC”) relating to an offering of shares of the Issuer (the “Offering”) and the initial closing of the Offering has occurred; and
Appears in 127 contracts
Samples: Management Services Agreement (Masterworks 145, LLC), Administrative Services Agreement (Masterworks 139, LLC), Form of Administrative Services Agreement (Masterworks 140, LLC)
