Common use of Transactions with Interested Persons Clause in Contracts

Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers or Members have a financial interest or are directors, partners, Managers or officers, shall be voidable solely for this reason or solely because such Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 3 contracts

Samples: Operating Agreement (Afg Investment Trust B), Efg Kirkwood (Afg Investment Trust C), Efg Kirkwood (Afg Investment Trust D)

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Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers Manager or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers Manager or Members have a financial interest or are directors, partners, Managers managers or officers, shall be voidable solely for this reason or solely because such the Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ridgewood Electric Power Trust Iii), Limited Liability Company Agreement (Ridgewood Electric Power Trust Iv)

Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers or Members have a financial interest or are directors, partners, Managers or officers, shall be voidable solely for this reason or solely because such Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 2 contracts

Samples: Operating Agreement (Keyspan Corp), Operating Agreement (Keyspan Corp)

Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers Managers, Officers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers Managers, Officers or Members have a financial interest or are directors, partners, Managers or officers, shall be voidable solely for this reason or solely because such said Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 1 contract

Samples: Exchange Agreement (Banyan Strategic Land Fund Ii)

Transactions with Interested Persons. (a) Unless entered into in bad -------------------------------------- faith, no contract contract, transaction or transaction arrangement between the Company and one or more of its Managers Directors, Officers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers Directors, Officers or Members have a financial interest or are directorsis a director, partnerspartner, Managers officer, employee, equity owner, consultant or officersagent, shall be voidable solely for this reason or solely because such Manager Director, Officer or Member was present or participated in the authorization of such contract contract, transaction or transaction if:arrangement.

Appears in 1 contract

Samples: Operating Agreement (Harbor Global Co LTD)

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Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers or Members have a financial interest or are directors, partners, Managers managers or officers, shall be voidable solely for this reason or solely because such Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 1 contract

Samples: Operating Agreement (Milpi Acquisition Corp)

Transactions with Interested Persons. Unless entered into in bad -------------------------------------- faith, no contract or transaction between the Company and one or more of its Managers Manager or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers Manager or Members have a financial interest or are directors, partners, Managers Manager or officers, shall be voidable solely for this reason or solely because such Manager or Member was present or participated in the authorization of such contract or transaction if:

Appears in 1 contract

Samples: Operating Agreement

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