Common use of Transactions Permitted With Members and Affiliates Clause in Contracts

Transactions Permitted With Members and Affiliates. The validity of any transaction, agreement, or payment involving the Company, any Member, or any Affiliate thereof otherwise permitted by the terms of this Agreement shall not be affected by reason of the relationship between any Member and such Affiliate or by reason of the approval of said transaction, agreement, or payment by any Member.

Appears in 2 contracts

Samples: Operating Agreement (Visteon European Holdings, Inc.), Operating Agreement (United Auto Group Inc)

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Transactions Permitted With Members and Affiliates. The validity of any transaction, agreement, agreement or payment involving the Company, any Member, the Members or any Affiliate thereof affiliate thereof, otherwise permitted by the terms of this Agreement shall not be affected by reason of the relationship between any Member and such Affiliate affiliate or by reason of the approval of said transaction, agreement, agreement or payment by any Member.

Appears in 1 contract

Samples: Agreement (University Bancorp Inc /De/)

Transactions Permitted With Members and Affiliates. The validity of any transaction, agreement, agreement or payment involving the Company, any Member, the Members or any Affiliate affiliate thereof otherwise permitted by the terms of this Agreement shall not be affected by reason of the relationship between any Member and such Affiliate affiliate or by reason of the approval of said transaction, agreement, agreement or payment by any Member.. ARTICLE III - MANAGERS Section 3.01

Appears in 1 contract

Samples: Operating Agreement (Sensory Performance Technology, Inc)

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Transactions Permitted With Members and Affiliates. The validity of any transaction, agreement, agreement or payment involving the Company, any Member, the Members or any Affiliate thereof thereof, otherwise permitted by the terms of this Agreement and the Joint Venture Agreement shall not be affected by reason of the relationship between any Member and such Affiliate or by reason of the approval of said transaction, agreement, agreement or payment by any Member.

Appears in 1 contract

Samples: Operating Agreement (Rock Financial Corp/Mi/)

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