LIMITED LIABILITY COMPANY AGREEMENT OF BH-JMIR KAUAI HOTEL OPERATOR, LLC OCTOBER 20, 2010Limited Liability Company Agreement • December 17th, 2010 • Behringer Harvard Opportunity REIT II, Inc. • Real estate investment trusts • Delaware
Contract Type FiledDecember 17th, 2010 Company Industry JurisdictionTHIS LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) is executed on and made effective as of October 20, 2010 (the “Effective Date”), by and between the KAUAI HOTEL SERIES OF JMIR INVESTMENTS III, LP, a Delaware series limited partnership (“JMIR”), having an office at the address set forth in Section 14.2 hereof, BEHRINGER HARVARD KAUAI HOTEL TRS, Inc., a Delaware corporation (“Investor” and together with JMIR, the “Members,” with each being referred to, individually, as a “Member”), having an office at the address set forth in Section 14.2 hereof, and JMIR-PROJECT MANAGER LLC, a Delaware limited liability company (the “Manager”), having an office at the address set forth in Section 14.2 hereof, pursuant to the provisions of the Delaware Limited Liability Company Act, Title 6 of the Delaware Code, Section 18-101 et seq., as amended from time to time (“Delaware Act”). Capitalized terms used herein are defined in Article II hereof or as elsewhere provided herein.
LIMITED LIABILITY COMPANY AGREEMENT OF BH-JMIR KAUAI HOTEL, LLC OCTOBER 20, 2010Limited Liability Company Agreement • December 17th, 2010 • Behringer Harvard Opportunity REIT II, Inc. • Real estate investment trusts • Delaware
Contract Type FiledDecember 17th, 2010 Company Industry JurisdictionTHIS LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) is executed on and made effective as of October 20, 2010 (the “Effective Date”), by and between the KAUAI HOTEL SERIES OF JMIR INVESTMENTS III, LP, a Delaware series limited partnership (“JMIR”), having an office at the address set forth in Section 14.2 hereof, BEHRINGER HARVARD KAUAI HOTEL, LLC, a Delaware limited liability company (“Investor” and together with JMIR, the “Members,” with each being referred to, individually, as a “Member”), having an office at the address set forth in Section 14.2 hereof, and JMIR-PROJECT MANAGER LLC, a Delaware limited liability company (the “Manager”), having an office at the address set forth in Section 14.2 hereof, pursuant to the provisions of the Delaware Limited Liability Company Act, Title 6 of the Delaware Code, Section 18-101 et seq., as amended from time to time (“Delaware Act”). Capitalized terms used herein are defined in Article II hereof or as elsewhere provided herein.