EXHIBIT 99.7 FORM OF EXCHANGE AGENT AGREEMENT EXCHANGE AGENT AGREEMENT J.P. Morgan Trust Company, N.A. Dear : Lennar Corporation, a Delaware corporation (the "Company"), proposes to make an offer (the "Exchange Offer") to exchange up to $300,000,000...Lennar Corp /New/ • August 25th, 2004 • General bldg contractors - residential bldgs • New York
LIMITED LIABILITY COMPANY AGREEMENT] [OPERATING AGREEMENT] [REGULATIONS] OF LENNAR, LLCLimited Liability Company Agreement • August 25th, 2004 • Lennar Corp /New/ • General bldg contractors - residential bldgs
[THIS LIMITED LIABILITY COMPANY AGREEMENT] [THIS OPERATING AGREEMENT] [THESE REGULATIONS] (this “Agreement”) of LENNAR, LLC (the “Company”) is entered into by [LENNAR MEMBER], a corporation, as the sole member of the Company (the “Member”). The Member has directed the formation of a limited liability company pursuant to and in accordance with the [DOMESTIC LLC LAW], as amended from time to time (the “Act”), and hereby agrees as follows:
LIMITED LIABILITY COMPANY AGREEMENT] [OPERATING AGREEMENT] [REGULATIONS] OF LENNAR, LLCLimited Liability Company Agreement • August 25th, 2004 • Lennar Corp /New/ • General bldg contractors - residential bldgs
[THIS LIMITED LIABILITY COMPANY AGREEMENT] [THIS OPERATING AGREEMENT] [THESE REGULATIONS] (this “Agreement”) of LENNAR, LLC (the “Company”) is entered into by [LENNAR MEMBER], a corporation, as the sole member of the Company (the “Member”). The Member has directed the formation of a limited liability company pursuant to and in accordance with the [DOMESTIC LLC LAW], as amended from time to time (the “Act”), and hereby agrees as follows:
