Access to and Confidentiality of Information. (a) In addition to the other rights specifically set forth in this Agreement, each Member is entitled to all information to which the Member is entitled to have access pursuant to the Act under the circumstances and subject to the conditions therein stated, which conditions include but are not limited to such reasonable standards governing what information and documents are to be furnished at what time and location and at whose expense as may be set forth herein or otherwise established by the Board. However, without limiting the foregoing, the Members agree that the Board may from time to time determine, due to contractual obligations, business concerns or other considerations, that certain Confidential Information should be kept confidential and not provided to some or all of the Members or that it is not just or reasonable for some or all of the Members or their assignees or representatives to examine or copy any such information.
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Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)
Access to and Confidentiality of Information. (a) In addition to the other rights specifically set forth in this Agreement, each Member Unit Holder is entitled to all information to which the Member Unit Holder is entitled to have access pursuant to the Act under the circumstances and subject to the conditions therein stated, which conditions include but are not limited to such reasonable standards governing what information and documents are to be furnished at what time and location and at whose expense as may be set forth herein or otherwise established by the BoardManager. However, without limiting the foregoingexcept as otherwise provided by law, the Members agree that the Board Manager may from time to time determine, due to contractual obligations, business concerns or other considerations, that certain Confidential Information information regarding the business, affairs, properties, and financial condition of the Company should be kept confidential and not provided to some or all of the Members Unit Holders or that it is not just or reasonable for some or all of the Members Unit Holders or their assignees or representatives to examine or copy any such information.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Access to and Confidentiality of Information. (a) In addition to the other rights specifically set forth in this Agreement, each Member is entitled to all information to which the Member is entitled to have access pursuant to the Act under the circumstances and subject to the conditions therein stated, which conditions include but are not limited to such reasonable standards governing what information and documents are to be furnished at what time and location and at whose expense as may be set forth herein or otherwise established by the Board. However, without limiting the foregoing, the Members agree that the Board may from time to time determine, due to contractual obligations, business concerns or other considerations, that certain Confidential Information should be kept confidential and not provided to some or all of the Members or that it is not just or reasonable for some or all of the Members or their assignees or representatives to examine or copy any such information.
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