Common use of Timing of Payments Clause in Contracts

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002038, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002037, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002008, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002040, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002026, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002007, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002036, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002004, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002017, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002041, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002001.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002025, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002085, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002056, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002078, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002045, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002068, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002048, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002021, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002028, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002034, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002043, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002058, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002010, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002061, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002013, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002049, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002005, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002079, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002052, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002035, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002003.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002074, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002Collection 001, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002012, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002055, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002083, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002009, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002072, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002019, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002047, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002029, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002018, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002073, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002084, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002071, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002006, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002022, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002015, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002082, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002060, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002014, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002059, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002051, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002023, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002016, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002066, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002070, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002046, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002065, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002030, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002033, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002054, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002031, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002050, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002039, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002024, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002020, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002069, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002027, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002032, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002053, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002063, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002062, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002044, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002076, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002057, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002081, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002011, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002064, LLC.

Timing of Payments. All of the forgoing costs and fees referenced in this Section 3 shall become due and payable by Masterworks, and not by Client, contemporaneously with the closing of the Regulation A Offering by Masterworks and not by the Client. Accordingly, all of the capital raised in the Regulation A Offering will be applied to the purpose of Masterworks 002042, LLC.