Common use of Unacceptable Member Data Clause in Contracts

Unacceptable Member Data. In the event that the Manager determines, in its discretion, that a Member has deliberately provided false, incorrect or otherwise unusable Member Data, including Member Data which has been altered after collection or which pertains to an individual other than the Member, after issuance of Shares in connection with the Contribution thereof, the Manager (i) shall redeem all of the Shares issued in connection with the Contribution of such Member Data, and (ii) may redeem all Shares issued to such Member in connection with such Member’s Contribution of other Member Data selected by the Manager, up to and including all such Member’s other Member Data.