Common use of Transactions with the Member Clause in Contracts

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company and has the same rights and obligations with respect to any such matter as a person who is not the Member.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Operating Agreement (IOC-Black Hawk Distribution Company, LLC), Limited Liability Company Agreement

AutoNDA by SimpleDocs

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company LLC and has the same rights and obligations with respect to any such matter as a person who is not the Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (DB Online, LLC), Limited Liability Company Agreement (DB Online, LLC), Limited Liability Company Agreement (Semiconductor Components Industries of Rhode Island Inc)

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with with, the Company and has the same rights and obligations with respect to any such matter as a person who is not the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.), Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.)

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company Lear Tech and has the same rights and obligations with respect to any such matter as a person who is not the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lear Operations Corp)

AutoNDA by SimpleDocs

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with with, the Company and has the same rights and obligations with respect to any such matter as a person who is not the Membera member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.)

Transactions with the Member. Except as provided in the Act, the Member may lend money to, borrow money from, act as surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with with, the Company and has the same rights and obligations with respect to any such matter as a person who is not the Membermember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!