SELF-DEALING. In addition to the transactions expressly permitted by this Agreement, the Manager may enter into business transactions with the Company if the terms of the transaction are no less favorable to the Company than those of a similar transaction with an independent third party, including without limitation selling loans to, and buying loans from, the Company.
Appears in 9 contracts
Sources: Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC)
SELF-DEALING. In addition to the transactions expressly permitted by this Agreement, the Manager may enter into business transactions with the Company or Series, if the terms of the transaction are no less favorable to the Company or Series than those of a similar transaction with an independent third party, including without limitation selling loans to, and buying loans from, the Company.
Appears in 7 contracts
Sources: Limited Liability Company Operating Agreement (Forte Investment Fund, LLC), Limited Liability Company Operating Agreement (Forte Investment Fund, LLC), Limited Liability Company Operating Agreement (Forte Investment Fund, LLC)
SELF-DEALING. In addition to the transactions expressly permitted by this Agreement, the Manager Managers may enter into business transactions with the Company if the terms of the transaction are no less favorable to the Company than those of a similar transaction with an independent third party, including without limitation selling loans to, and buying loans from, the Company.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC)
SELF-DEALING. In addition to the transactions expressly permitted by this Agreement, the Manager may enter into business transactions with the Company LLC if the terms of the transaction are no less favorable to the Company LLC than those of a similar transaction with an independent third party, including without limitation selling loans real estate to, and buying loans real estate from, the CompanyLLC and borrowing money from Affiliates.
Appears in 1 contract