ContractOperating Agreement • May 5th, 2020 • Florida
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-3.87 <SEQUENCE>86 <FILENAME>g86204exv3w87.txt <DESCRIPTION>EX-3.87 OPERATING AGREEMENT RESORTQUEST SWEST FLA <TEXT> <PAGE> EXHIBIT 3.87 RESORTQUEST SOUTHWEST FLORIDA, LLC A STATE OF DELAWARE LIMITED LIABILITY COMPANY OPERATING AGREEMENT <PAGE> RESORTQUEST SOUTHWEST FLORIDA, LLC OPERATING AGREEMENT THIS OPERATING AGREEMENT is made effective as of April 26, 2001 by the Member (as defined below). RECITALS The Member desires to form a Delaware limited liability company pursuant to the Act (as defined below) and to be governed by this Operating Agreement. FOR AND IN CONSIDERATION OF the mutual covenants, rights, and obligations set forth this Agreement, the benefits to be derived therefrom, and other good and valuable consideration the receipt and the sufficiency of which the Member hereby acknowledges, the Member as follows: ARTICLE ONE: DEFINITIONS Any term not defined in this Agreement has the meaning ascribed to it in the Act. Agreement, the following terms have the