Common use of INTERESTED OFFICERS OR DIRECTORS Clause in Contracts

INTERESTED OFFICERS OR DIRECTORS. No contract or transaction between the Company and one or more of its Officers or Directors, or between the Company and any other entity in which one or more such Officers or Directors owns a financial interest or of which such Officer or Director is an Affiliate, officer, director or employee, shall be void or voidable or be deemed to constitute a breach of duty if:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy Finance Corp)

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INTERESTED OFFICERS OR DIRECTORS. No contract or transaction between the Company and one or more of its Officers or Directors, or between the Company and any other entity Entity in which one or more such Officers or Directors owns a financial interest or of which such Officer or Director is an Affiliate, officer, director or employee, shall be void or voidable or be deemed to constitute a breach of duty if:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Trenwick America LLC), Limited Liability Company Agreement (Kaneb Services LLC), Kaneb Services LLC

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INTERESTED OFFICERS OR DIRECTORS. No contract or transaction between the Company and one or more of its Officers or Directors, or between the Company and any other entity Entity in which one or more such Officers or Directors owns a financial an interest or of which such Officer or Director is an Affiliate, officer, director or employee, shall be void or voidable or be deemed to constitute a breach of duty if:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mariner Energy LLC)

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