Common use of Interested Transactions Clause in Contracts

Interested Transactions. (a) No contract or transaction between the Company and one or more of the Board Members or officers, or between the Company and any other company, partnership, association, or other organization in which one or more of the Board Members or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the Board Member or officer is present at or participates in the meeting of the Board of Managers which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Appears in 32 contracts

Samples: Limited Liability Company Agreement (Filterfresh Coffee Service, Inc.), Limited Liability Company Agreement (Robec Brazil LLC), Limited Liability Company Agreement (Robec Brazil LLC)

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Interested Transactions. (a) No contract or transaction between the Company and one or more of the Board Members Managers or officers, or between the Company and any other company, partnership, association, or other organization in which one or more of the Board Members Managers or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the Board Member Manager or officer is present at or participates in the meeting of the Board of Managers which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Appears in 12 contracts

Samples: Limited Liability Company Agreement (GL Trade Overseas, Inc.), Limited Liability Company Agreement (SunGard Higher Education Inc.), Limited Liability Company Agreement (SunGard Availability Services LP)

Interested Transactions. (a) 10.1 No contract or transaction between the Company and one or more of the Board Members or officers, or between the Company and any other company, partnership, association, or other organization in which one or more of the Board Members or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the Board Member or officer is present at or participates in the meeting of the Board of Managers which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Plaid Brothers Software, Inc.)

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Interested Transactions. (a) 13.1 No contract or transaction between the Company and one or more of the Board Members or officers, or between the Company and any other company, partnership, association, or other organization entity in which one or more of the Board Members or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the Board Member or officer is present at or participates in the meeting of the Board of Managers or committee which authorizes the contract or transaction, or solely because his his, her or their votes are counted for such purpose, if:

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Wayfair Inc.), Limited Liability Company Operating Agreement (Wayfair Inc.)

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