Common use of Corporate Transparency Act Clause in Contracts

Corporate Transparency Act. The Members acknowledge that the Company is a “Reporting Company” as the term is defined under the Corporate Transparency Act (“CTA”) and will have obligations to report beneficial ownership information to the Financial Crimes Enforcement Network (“FinCEN”) through filing of an initial report and subsequent amendments and updates unless the Company is able to find an exclusion under the CTA. As follows, the Members and the Manager will provide all necessary information to the Company for necessary compliance with the CTA, which includes, but is not limited to, full legal names, date of birth, addresses, and applicable government-issued identification documents. Further, if the Company is a Reporting Company, it will not issue a certificate in bearer form evidencing either a whole or fractional interest in the Company.

Corporate Transparency Act. The Members Partners acknowledge that the Company is a “Reporting Company” as the term is defined under the Corporate Transparency Act (“CTA”) and will have obligations to report beneficial ownership information to the Financial Crimes Enforcement Network (“FinCEN”) through filing of an initial report and subsequent amendments and updates unless the Company is able to find an exclusion under the CTA. As follows, the Members Partners and the Manager General Partner will provide all necessary information to the Company for necessary compliance with the CTA, which includes, but is not limited to, full legal names, date of birth, addresses, and applicable government-issued identification documents. Further, if the Company is a Reporting Company, it will not issue a certificate in bearer form evidencing either a whole or fractional interest in the Company.