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or Member Interests In a Michigan Limited Liability Company ("Units") $100,000 Per Unit Cliff Investment Fund LLC ("Company") is a newly organized Michigan limited liability company formed for the purpose of acquiring defaulted mortgage loans at a discount to the outstanding loan balance from banks and

such suit, action or proceeding is improper. 13.8 WAIVER OF JURY TRIAL. ON BEHALF OF THEMSELVES, AND THEIR SUCCESSORS OR ASSIGNS, THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATED TO THIS AGREEMENT, TIIE MANAGER, A PROJECT ENTITY,

or Member Interests In a Michigan Limited Liability Company ("Units") S100,000 Per Unit Cliff Investment Fund LLC ("Company") is a newly organized Michigan limited liability company formed for the purpose of acquiring defaulted mortgage loans at a discount to the outstanding loan balance from banks and

such suit, action or proceeding is improper. 13.8 WAIVER OF JURY TRIAL. ON BEHALF OF THEMSELVES, AND THEIR SUCCESSORS OR ASSIGNS, THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATED TO THIS AGREEMENT, THE MANAGER, A PROJECT ENTITY,

("Agreement") is made and entered into as of Novernb %9°Y'Yeetral KEY CORPORATE CAPITAL INC., acting through its division Key Equipment Finance. a Michigan corporation having an.o eat no ammo Pam Strait 8th Floor, Albany, New York 12207 ("Secured Party') and RL AVIATION, LLC. a California limited liabi

ST SAW) TREE (TYPED OR PRINTED). Warner Communications Inc. Senior Vice President AND THE OTHER SELLERS NAMED ON THE SIGNATURE PAGES ATTACHED HERETO 1PencvEdo Nu, An_ eo deo 126007.1. 0 33a' /3l,so'1 SS. It/ 23/03 - SDNY_GM_02757119 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and