Arm's Length Dealings. Each Member understands and acknowledges that the conduct of the Company's business may involve business dealings and undertakings with Members. In any of those cases, those dealings and undertakings shall be at arm's length and on commercially reasonable terms.
Appears in 5 contracts
Samples: Operating Agreement (Miller Lloyd I Iii), Operating Agreement (Miller Lloyd I Iii), Operating Agreement (Miller Lloyd I Iii)
