OTHER ACTIVITIES OF MEMBERS AND DIRECTORS. (a) The Directors shall not be required to devote full time to the affairs of the Company, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 25 contracts
Samples: Limited Liability Company Agreement (BlackRock Preferred Partners LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation Master Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation TEI Portfolio LLC)
OTHER ACTIVITIES OF MEMBERS AND DIRECTORS. (a) The Directors shall not be required to devote their full business time to the affairs of the Company, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 9 contracts
Samples: Limited Liability Company Operating Agreement (FEG Absolute Access Fund I LLC), Limited Liability Company Operating Agreement (FEG Directional Access TEI Fund LLC), Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC)
OTHER ACTIVITIES OF MEMBERS AND DIRECTORS. (a) The Directors shall not be required to devote full time to the affairs of the CompanyFund, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement (City National Rochdale High Yield Alternative Strategies Master Fund LLC), Limited Liability Company Agreement (Fintan Alternative Fixed Income Advisory Fund, LLC), Liability Company Agreement (Fintan Alternative Fixed Income Institutional Fund, LLC)
OTHER ACTIVITIES OF MEMBERS AND DIRECTORS. (a) The Directors shall not be required to devote full all of their time to the affairs of the CompanyFund, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Operating Agreement (Asa Debt Arbitrage Fund LLC)
OTHER ACTIVITIES OF MEMBERS AND DIRECTORS. (a) The Directors shall not be required to devote full time to the affairs of the Company, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.. 10
Appears in 1 contract
Samples: PARADIGM Multi Strategy Fund, LLC