LIMITED LIABILITY COMPANY OPERATING AGREEMENTLimited Liability Company Operating Agreement • September 20th, 2019 • DLP Positive Fixed Returns Fund LLC • Investors, nec • Delaware
This OPERATING AGREEMENT (the “Agreement”) of DLP POSITIVE FIXED RETURNS FUND LLC (the “Company”) is entered into and effective as of September 12, 2019 (the “Effective Date”) by and between the undersigned as members of the Company (the “Members”, and each individually, a “Member”) and each other person who after the date hereof becomes a Member of the Company and becomes a party to this Agreement by executing a joinder agreement.
NOTE HOLDER SUBSCRIPTION AGREEMENT DLP POSITIVE FIXED RETURNS FUND LLCNote Holder Subscription Agreement • September 20th, 2019 • DLP Positive Fixed Returns Fund LLC • Investors, nec • Florida
This Subscription Agreement (the “Agreement” or the “Subscription Agreement”) is between DLP Positive Fixed Returns Fund LLC, a Delaware limited liability company (the “Fund”), and the undersigned (referred to herein as “you,” except that in the case of a subscription for the account of one or more trusts or other entities, “you” will refer to the trustee, fiduciary or representative making the investment decision and executing this Agreement, of the trust or other entity, or both, as appropriate). The Fund and you hereby agree as follows:
INTERCREDITOR SECURITY AGREEMENT DLP POSITIVE FIXED RETURNS FUND LLCIntercreditor Security Agreement • September 20th, 2019 • DLP Positive Fixed Returns Fund LLC • Investors, nec • Florida
This Intercreditor Security Agreement, dated as of ______________ _____, 20___ (this “Agreement”), is by and among DLP Positive Fixed Returns Fund LLC, a Delaware limited liability company (“Fund”), and DLP PFR Management LLC (the “Manager”) as Representative or its successor thereto, and the undersigned (“Note Holder”).
