Common use of Permitted Transactions Clause in Contracts

Permitted Transactions. The validity of any transaction, agreement, or payment involving the Fund and the Manager or an Affiliate or principal of the Manager which is otherwise permitted by the terms of this Agreement shall not be affected by the relationship between the Fund and the Manager or an Affiliate or principal of the Manager.

Appears in 10 contracts

Sources: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Permitted Transactions. The validity of any transaction, agreement, or payment involving the Fund Company and the Manager or an Affiliate or principal of the Manager which is otherwise permitted by the terms of this Agreement shall not be affected by the relationship between the Fund Company and the Manager or an Affiliate or principal of the Manager.

Appears in 4 contracts

Sources: Limited Liability Operating Agreement, Limited Liability Operating Agreement, Limited Liability Operating Agreement

Permitted Transactions. The validity of any transaction, agreement, or payment involving the Fund and the Manager Managers or an Affiliate or principal of the Manager Managers which is otherwise permitted by the terms of this Agreement shall not be affected by the relationship between the Fund and the Manager Managers or an Affiliate or principal of the ManagerManagers.

Appears in 1 contract

Sources: Operating Agreement