RIGHTS AND OBLIGATIONS OF MEMBERS AND MANAGER. 32 Section 7.01 Limitation of Liability and Duties of Members 32 Section 7.02 Lack of Authority 32 Section 7.03 No Right of Partition 33 Section 7.04 Indemnification 33 Section 7.05 Inspection Rights 34 ARTICLE VIII BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 34 Section 8.01 Records and Accounting 34 Section 8.02 Fiscal Year 34 ARTICLE IX TAX MATTERS 34 Section 9.01 Preparation of Tax Returns 34 Section 9.02 Tax Elections 35 Section 9.03 Tax Controversies 35
RIGHTS AND OBLIGATIONS OF MEMBERS AND MANAGER. 32 Section 7.01 Limitation of Liability and Duties of Members 32 Section 7.02 Lack of Authority 33 Section 7.03 No Right of Partition 33 Section 7.04 Indemnification 33 Section 7.05 Inspection Rights 34 ARTICLE VIII BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 34 Section 8.01 Records and Accounting 34 Section 8.02 Fiscal Year 35 ARTICLE IX TAX MATTERS 35 Section 9.01 Preparation of Tax Returns....................................................................... 35 Section 9.02 Tax Elections ................................................................................................ 35 Section 9.03 Tax Controversies ....................................................................................... 35 ARTICLE X RESTRICTIONS ON TRANSFER OF UNITS; CERTAIN TRANSACTIONS 36 Section 10.01 Transfers by Members 36 Section 10.02 Permitted Transfers 36 Section 10.03 Restricted Units Legend 36 Section 10.04 Transfer 37 Section 10.05 Assignee’s Rights 37 Section 10.06 Assignor’s Rights and Obligations 37 Section 10.07 Overriding Provisions 38 Section 10.08 RESERVED 39 Section 10.09 RESERVED 39 Section 10.10 RESERVED 39 ARTICLE XI RESERVED 40 ARTICLE XII ADMISSION OF MEMBERS 40 Section 12.01 Substituted Members 40 Section 12.02 Additional Members 40
RIGHTS AND OBLIGATIONS OF MEMBERS AND MANAGER. 31 Section 7.01 Limitation of Liability and Duties of Members 31 Section 7.02 Lack of Authority 32 Section 7.03 No Right of Partition 32 Section 7.04 Indemnification 32 Section 7.05 Members Right to Act 33 Section 7.06 Inspection Rights 34 Article VIII. BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 34 Section 8.01 Records and Accounting 34 Section 8.02 Fiscal Year 35 Article IX. TAX MATTERS 35 Section 9.01 Preparation of Tax Returns 35 Section 9.02 Tax Elections 35 Section 9.03 Tax Controversies 35 Article X. RESTRICTIONS ON TRANSFER OF UNITS; PREEMPTIVE RIGHTS 36 Section 10.01 Transfers by Members 36 Section 10.02 Permitted Transfers 37 Section 10.03 Restricted Units Legend 37 Section 10.04 Transfer 38 Section 10.05 Assignee’s Rights 38 Section 10.06 Assignor’s Rights and Obligations 38 Section 10.07 Overriding Provisions 39 Section 10.08 Spousal Consent 40 Section 10.09 Drag-Along Rights 40 Article XI. REDEMPTION AND EXCHANGE RIGHTS 41 Section 11.01 Redemption Right of a Member 41
RIGHTS AND OBLIGATIONS OF MEMBERS AND MANAGER. 43 Section 7.01 Limitation of Liability and Duties of Members 43 Section 7.02 Lack of Authority 44 Section 7.03 No Right of Partition 44 Section 7.04 Indemnification 44 Article VIII. BOOKS, RECORDS, ACCOUNTING AND REPORTS, AFFIRMATIVE COVENANTS 45 Section 8.01 Records and Accounting 45 Section 8.02 Fiscal Year 45 Section 8.03 Inspection Rights 45 Article IX. TAX MATTERS 46
RIGHTS AND OBLIGATIONS OF MEMBERS AND MANAGER
