OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers shall not be required to devote all of their time to the affairs of the Fund, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 22 contracts
Samples: Limited Liability Company Agreement (Aetos Capital Opportunities Fund, LLC), Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers shall not be required to devote all of their time to the affairs of the Fund, but shall devote such time as the Managers may reasonably believe to be required to perform their obligations under this Agreement.
Appears in 20 contracts
Samples: Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC), Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC), Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Master Fund I, LLC)
OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers shall not be required to devote all of their full time to the affairs of the Fund, 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 (Global Chartist Fund, LLC), Limited Liability Company Operating Agreement (Rochdale High Yield Advances Fund LLC), Limited Liability Company Operating Agreement (Rochdale Alternative Total Return Fund LLC)
OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers and Officers shall not be required to devote all of their time to the affairs of the Fund, but shall devote such time as the Managers or Officers may reasonably believe to be required to perform their obligations under this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (ASGI Aurora Opportunities Fund, LLC), Limited Liability Company Agreement (ASGI Aurora Opportunities Fund, LLC)
OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers shall not be required to devote all of their time to the affairs of the Master Fund, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Excelsior Low Volatility Hedge Fund of Funds Master Fund LLC)
OTHER ACTIVITIES OF MEMBERS AND MANAGERS. (a) The Managers shall not be required to devote all of their time to the affairs theaffairs of the Fund, but shall devote such time as may reasonably be required to perform their obligations under this Agreement.
Appears in 1 contract
Samples: Liability Company Agreement (Aetos Distressed Investment Strategies Fund LLC)
