OPERATING AGREEMENT OF TRP Fund VII LLC a Delaware limited liability companyOperating Agreement • June 27th, 2016 • TRP Fund VII LLC • Real estate • Delaware
This Operating Agreement is entered into as of the date set forth on the signature pages hereto, by and among TRP Fund VII LLC, and the members set forth on the signature pages hereto.
SUBSCRIPTION AGREEMENTSubscription Agreement • June 27th, 2016 • TRP Fund VII LLC • Real estate • Delaware
THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
