Common use of INTERESTS TO CONSIDER Clause in Contracts

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

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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

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