SHAREHOLDERS & SHARES. (a) A person or entity shall be shall become bound by the terms of this OPERATING AGREEMENT if such Person or entity purchases or otherwise lawfully acquires any Share and becomes the RECORD HOLDER of such Share in accordance with the provisions of Article III, Article IV
Appears in 4 contracts
Samples: Operating Agreement (Century West Multifamily Income Reit, LLC), Operating Agreement (Century West Multifamily Income Reit, LLC), Operating Agreement (Lm Capital Real Estate Investment Trust, LLC)
SHAREHOLDERS & SHARES. (a) A person or entity shall be shall become bound by the terms of this OPERATING AGREEMENT if such Person or entity purchases or otherwise lawfully acquires any Share and becomes the RECORD HOLDER of such Share in accordance with the provisions of Article III, Article IVIV and Article XIII of this
Appears in 4 contracts
Samples: Operating Agreement (Strategic Hotel Ventures, LLC), Operating Agreement (Lm Capital Real Estate Investment Trust, LLC), Operating Agreement (Ark Multifamily Reit, LLC)
