Transactions Between the Company and the Members. Notwithstanding that it may constitute a conflict of interest, the Members and/or the Managers may, and may cause their Affiliates to, engage in any transaction with the Company so long as that transaction is (a) fair to the Company and (b) approved by the Managers.
Appears in 2 contracts
Samples: Operating Agreement (Cinema Ride Inc), Operating Agreement (Cinema Ride Inc)
Transactions Between the Company and the Members. Notwithstanding that it may constitute a conflict of interestinterest (including the Manager), the Members and/or the Managers may, a Member and its affiliates may cause their Affiliates to, engage in any transaction with the Company so long as that such transaction is (a) fair to approved by the Manager or, if the transaction is between the Company and (b) approved by the ManagersManager or an affiliate of the Manager, the other Member.
Appears in 1 contract
Transactions Between the Company and the Members. Notwithstanding that it may constitute a conflict of interest, a Member (including the Members and/or the Managers may, Manager) and its affiliates may cause their Affiliates to, engage in any transaction with the Company so long as that such transaction is (a) fair to approved by the Manager or, if the transaction is between the Company and (b) approved by the ManagersManager or an affiliate of the Manager, the other Member.
Appears in 1 contract
