Common use of Number of Series Clause in Contracts

Number of Series. C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests held by the Manager and its Affiliates The Manager must purchase at least 0.5% of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests and may, or may designate an Affiliate to, purchase additional Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (including in excess of 10%), in its sole discretion, through the Initial Offering. Interest Designation Not applicable Broker Every Markets, LLC, a Delaware limited liability company. Brokerage Fee Up to one percent (1.00%) of the gross proceeds of the Interests from Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ sold at the Initial Offering of the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (excluding the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests acquired by Manager or Manager’s designated Affiliate), which fee shall be paid by the Manager. Officers There shall initially be no specific officers associated with Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, although, the Manager may appoint Officers of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Unit per Member.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Every Assets I, LLC), Limited Liability Company Agreement (Every Assets I, LLC)