Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandum.
Appears in 4 contracts
Samples: Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.), Operating Agreement (Bayou City Exploration, Inc.)
Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the investment suitability standards set forth in the MemorandumProspectus.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Yosemite Mortgage Fund Ii LLC), Limited Liability Company Operating Agreement (Yosemite Mortgage Fund Ii LLC)
Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandum.
Appears in 2 contracts
Samples: Operating Agreement (IMH Financial Corp), Limited Liability Company Operating Agreement (IMH Secured Loan Fund, LLC)
Suitability Requirements. The Manager, at Company expense, shall maintain for a period of at least six (6) years, years a record of the documentation indicating that a Member complies with the suitability standards set forth in the Memorandumprospectus.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Vestin Fund Iii LLC)
