Common use of Transaction With the Company Clause in Contracts

Transaction With the Company. Subject to any limitations set forth in this Agreement, including without limitation, Section 2.6 hereof, Member may lend money to, act as a surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company. Subject to this Agreement and applicable law, Member has the same rights and obligations with respect to any transaction with Company as a Person who is not a member or manager.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Alexanders Inc), Limited Liability Company Agreement (Alexanders Inc)