Common use of Obligations and Opportunities for Members Clause in Contracts

Obligations and Opportunities for Members. The Members shall be obligated to refer investment opportunities, consistent with the purposes and objectives of the Company, to the Company. Any determination as to the appropriateness of an investment opportunity for the Company or for an Affiliate of the Company or for the Parent of the Managing Member shall be made by the disinterested directors of the Managing Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CMG Information Services Inc), Limited Liability Company Agreement (CMG Information Services Inc)

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Obligations and Opportunities for Members. The Members Managing Member ----------------------------------------- shall be obligated to refer investment opportunities, consistent with the purposes and objectives of the Company, to the Company. Any determination as to the appropriateness of an investment opportunity for the Company or for an Affiliate of the Company or for the Parent of the Managing Member shall be made by the disinterested directors of the Managing Capital Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

Obligations and Opportunities for Members. The Managing Members shall be obligated to refer investment opportunities, consistent with the purposes and objectives of the Company, to the Company. Any determination as to the appropriateness of an investment opportunity for the Company or for an Affiliate of the Company or for the Parent of the Managing Capital Member shall be made by the disinterested directors of the Managing Capital Member.

Appears in 1 contract

Samples: Operating Agreement (CMG Information Services Inc)

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Obligations and Opportunities for Members. The Members Managing ----------------------------------------- Member shall be obligated to refer investment opportunities, consistent with the purposes and objectives of the Company, to the Company. Any determination as to the appropriateness of an investment opportunity for the Company or for an Affiliate of the Company or for the Parent of the Managing Member shall be made by the disinterested directors of the Managing Capital Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

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