Common use of Rights of Redeemed Investor Clause in Contracts

Rights of Redeemed Investor. The Redeemed Investor and Company acknowledge and agree that upon Company’s receipt of this executed Redemption Notice signed by the Redeemed Investor (or the Redeemed Investor’s personal representative or other successor, if applicable), the rights of the Redeemed Investor shall be governed by the Operating Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Secured Real Estate Income Strategies, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC)

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Rights of Redeemed Investor. The Redeemed Investor and Company acknowledge and agree that upon Company’s 's receipt of this executed Redemption Notice signed by the Redeemed Investor (or the Redeemed Investor’s 's personal representative or other successor, if applicable), the rights of the Redeemed Investor shall be governed by the Operating Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Secured Real Estate Income Fund II, LLC), Operating Agreement (Secured Real Estate Fund II, LLC)

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