INTERESTS TO CONSIDER. Each of the Members, as well as the Company, hereby acknowledges and agrees that, whenever a Covered Person is permitted or required to act or refrain from acting, or to make any other decision (solely in such Person’s capacity as a Covered Person) pursuant to any power or authority of such Person under this Agreement or the Act, he shall make such decision in a manner which he believes to be in the best interests of the Company and its Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
INTERESTS TO CONSIDER. Each of The Member and the Members, as well as the Company, Company hereby acknowledges acknowledge and agrees agree that, whenever a Covered Person is permitted or required to act or refrain from acting, or to make any other decision (solely in such Person’s capacity as a Covered Person) pursuant to any power or authority of such Person under this Agreement or the Act, he shall make such decision in a manner which he believes to be in the best interests of the Company and its MembersMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement