CNL STRATEGIC CAPITAL, LLC a Delaware Limited Liability Company SEVENTH Amended and restated LIMITED LIABILITY COMPANY OPERATING AGREEMENTLimited Liability Company Operating Agreement • September 24th, 2024 • CNL Strategic Capital, LLC • Investment advice
THIS SEVENTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT (this “Agreement”) of CNL STRATEGIC CAPITAL, LLC (the “Company”) is made and entered into as of ________, 2024 (the “Effective Date”) by CNL STRATEGIC CAPITAL MANAGEMENT, LLC, a Delaware limited liability company (“CSCM”), and Levine Leichtman Strategic Capital, LLC (“LLSC”), together (the “Members”), and any other Persons who are or hereafter become Members in the Company (as defined below) or parties hereto as provided herein. Capitalized terms used in this Agreement without definition shall have the respective meanings specified in Section 2.2 and, unless otherwise specified, article and section references used herein refer to Articles and Sections of this Agreement.
