Common use of Limited Liability Company Opportunity Clause in Contracts

Limited Liability Company Opportunity. (a) The Company and each Member acknowledges and affirms that the other Members (other than Officers, officers of any of the Company’s Subsidiaries and employees of the Company or any of the Company’s Subsidiaries) may have, and may continue to participate in, directly or indirectly, investments in assets and businesses which are, or will be, suitable for the Company or competitive with the Company’s business (“Member Investments”).

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

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Limited Liability Company Opportunity. (a) The Company and each Each Member acknowledges and affirms that the other Members (other than Officers, officers of any of the Company’s Subsidiaries and employees of the Company or any of the Company’s Subsidiaries) may have, and may continue to participate into, participate, directly or indirectly, in investments in assets and businesses which are, or will be, suitable for the Company or competitive with the Company’s business business. (“Member Investments”).b) Each Member, individually and on behalf of the Company, expressly (i) waives any conflicts of interest or potential conflicts of interest that exist or arise as a result of any such

Appears in 1 contract

Samples: Limited Liability Company Agreement (Us Concrete Inc)

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Limited Liability Company Opportunity. (a) The Company and each Each Member acknowledges and affirms that the other Members (other than Officers, officers of any of the Company’s Subsidiaries and employees of the Company or any of the Company’s Subsidiaries) may have, and may continue to participate into, participate, directly or indirectly, in investments in assets and businesses which are, or will be, suitable for the Company or competitive with the Company’s business (“Member Investments”)business.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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