Common use of Interested Transactions Clause in Contracts

Interested Transactions. No contract or transaction between the Company and one or more of its Affiliates (see 9.12.1), Managers or officers, or between the Company and any other Entity in which one or more of the Company’s Affiliates, Managers or officers are directors or officers, or have a financial interest, shall be voided solely for this reason, or solely because the Manager or officer is present at or participates in the meeting of the Board of Managers or of a committee which authorizes the transaction, or solely because his or their votes are counted for such purpose, if:

Interested Transactions. No contract or other transaction between the Company and one or more of its Affiliates (see 9.12.1), Managers directors or officers, or between the Company and any other Entity corporation, partnership, association, or other organization in which one or more of the Company’s Affiliates, Managers its directors or officers are directors or officers, officers or have a financial interest, shall be voided void or voidable solely for this reason, or solely because the Manager such director or officer is present at or participates in the meeting of the Board of Managers or of a committee thereof, which authorizes the transactionauthorizes, approves, or ratifies such contract or transaction or solely because his or their votes are counted for such purpose, if: