Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior approval of the Manager, a Member may lend money to and transact other business with the Company. Subject to other applicable law, such Member has the same rights and obligations with respect thereto as a Person who is not a Member.
Appears in 6 contracts
Samples: Operating Agreement (Spark Fund One LLC), Operating Agreement, Operating Agreement (PRC Equity Fund I, LLC)
Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior written approval of the Manager, a Member may lend money to and transact other business with the Company, such as providing services for compensation. Subject to other applicable law, such Member has the same rights and obligations with respect thereto as a Person who is not a Member.
Appears in 5 contracts
Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)
Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior approval of the ManagerManagers, a Member may lend money to and transact other business with the Company. Subject to other applicable lawApplicable Law, such Member has the same rights and obligations with respect thereto as a Person who is not a Member.
Appears in 2 contracts
Samples: Operating Agreement (NextPlay Technologies Inc.), Operating Agreement (Monaker Group, Inc.)
Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior approval of the Manager, a Member may lend money to and transact other business with the Company, such as providing services for compensation. Subject to other applicable law, such Member has the same rights and obligations with respect thereto as a Person who is not a Member.. BENCHMARK REAL ESTATE FUND 10 OPERATING AGREEMENT
Appears in 1 contract
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)
Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior approval of the ManagerBoard, a Member Member, its, his or her Family Group, Affiliates or any of their respective shareholders, partners, employees or direct or indirect members (each, a “Related Person”) may lend money to and transact other business with the Company. Subject to other applicable law, Any such Member has transaction shall be carried out on an arm’s length basis unless otherwise approved by the Members holding a majority of the Common Units. A Related Person shall have the same rights and obligations with respect thereto as a Person who that is not a MemberRelated Person.
Appears in 1 contract
Samples: Master Transaction Agreement (SRAM International Corp)
Transactions of Members with the Company. Subject to any the limitations set forth in this Agreement and with the prior approval of the ManagerAgreement, a Member may lend money to and transact other business with the CompanyCompany with the prior approval of the Board of Managers. Subject to other applicable law, such Member has shall have the same rights and obligations with respect thereto as a Person who is not a Member.
Appears in 1 contract
Transactions of Members with the Company. Subject to any limitations set forth in this Agreement and with the prior written approval of the Manager, a Member may lend money to and transact other business with the Company. Subject to other applicable law, such Member has the same rights and obligations with respect thereto as a Person who is not a Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement
