Common use of Term of the Venture Clause in Contracts

Term of the Venture. The term of the Venture commenced on the date the Certificate was first filed with the Secretary of State of the State of Delaware. Unless sooner terminated as hereinafter provided or by operation of law, the term of the Venture shall continue until December 31, 2057.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc), Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc)

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Term of the Venture. The term of the Venture commenced on the date the Certificate was first filed with the Secretary of State of the State of Delaware. Unless sooner terminated as hereinafter provided or by operation of law, the term of the Venture shall continue until December 31, 20572059.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc)

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Term of the Venture. The term of the Venture commenced on the date the Certificate was first filed with the Secretary of State of the State of Delaware. Unless sooner terminated Delaware and shall continue until the dissolution of the Venture as hereinafter provided or as the Venture may be dissolved or terminated by operation of law, the term of the Venture shall continue until December 31, 2057.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Behringer Harvard Multifamily Reit I Inc)

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