0001387131-11-000519 Sample Contracts

MOODY NATIONAL RI PERIMETER JV, LLC LIMITED LIABILITY COMPANY OPERATING AGREEMENT
Operating Agreement • March 31st, 2011 • Moody National REIT I, Inc. • Real estate investment trusts • Delaware

THIS LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Agreement”) of MOODY NATIONAL RI PERIMETER JV, LLC (the “Company”), effective the 30th day of April, 2010, is made and entered into by the Members of the Company. Capitalized terms that are not defined shall have the meanings ascribed to such terms in Section 7.1 of this Agreement.

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