Common use of Anticipated Transactions Clause in Contracts

Anticipated Transactions. Notwithstanding the provision of Section 8.5, it is anticipated that the Members and Officers will have other legal and financial relationships. Representatives of this Company, along with representatives of other entities, may, from time to time, participate in the joint development of contracts and transactions designed to be fair and reasonable to each participant and to afford an aggregate benefit to all participants. Therefore, it is anticipated that this Company will desire to participate in such contracts and transactions and, after ordinary review for reasonableness, that the participation of the Company in such contracts and transactions may be authorized by the Members.

Appears in 2 contracts

Samples: Operating Agreement (Basic Technologies Inc), Operating Agreement (Basic Technologies Inc)

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Anticipated Transactions. Notwithstanding the provision of Section 8.5, it is anticipated that the Members and Officers will have other legal and financial relationships. Representatives of this Company, along with representatives of other entities, may, from time to time, time may participate in the joint development of contracts and transactions designed to be fair and reasonable to each participant and to afford an aggregate benefit to all participants. Therefore, it is anticipated that this Company will desire to participate in such these contracts and transactions and, after ordinary review for reasonableness, that the participation of the Company in such these contracts and transactions may be authorized by the Members.

Appears in 1 contract

Samples: Operating Agreement (Biltmore Group of Louisiana LLC)

Anticipated Transactions. Notwithstanding the provision of Section 8.5herein, it is as anticipated that the Members and Officers will have other legal and financial relationships. Representatives of this Company, along with representatives of other entities, may, may from time to time, participate in the joint development of contracts and transactions designed to be fair and reasonable to each participant and to afford an aggregate benefit to all participants. Therefore, it is anticipated that this Company will desire to participate in such contracts and transactions and, after ordinary review for reasonableness, that the Members may authorize the participation of the Company in such contracts and transactions may be authorized by the Memberstransactions.

Appears in 1 contract

Samples: Equity Purchase Agreement (True Nature Holding, Inc.)

Anticipated Transactions. Notwithstanding the provision of Section 8.517.5, it is anticipated that the Members and Officers managers/officers will have other legal and financial relationships. Representatives of this Company, along with representatives of other entities, may, from time to time, time may participate in the joint development of contracts and transactions designed to be fair and reasonable to each participant and to afford an aggregate benefit to all participants. Therefore, it is anticipated that this Company will desire to participate in such these contracts and transactions and, after ordinary review for reasonableness, that the participation of the Company in such these contracts and transactions may be authorized by the Members.

Appears in 1 contract

Samples: Operating Agreement (Unwired Telecom Corp)

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Anticipated Transactions. Notwithstanding the provision of Section 8.5, it is anticipated that the Members and Officers will have other legal and financial relationships. Representatives of this Company, along with representatives of other entities, may, from time to time, participate in the joint development of contracts and transactions designed to be fair and reasonable to each participant and to afford an aggregate benefit to all participants. Therefore, it is anticipated that this Company will desire to participate in such contracts and transactions and, after ordinary review for reasonableness, that the participation of the Company in such contracts and transactions may be authorized by the Members.all

Appears in 1 contract

Samples: Operating Agreement (Basic Technologies Inc)

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