Common use of Competitive Projects Clause in Contracts

Competitive Projects. Manager may, individually or with others, provide management services in regard to and possess an interest in any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and apartment projects other than the Project, whether or not such other ventures or projects are competitive with the Project, and Owner shall not have any right to the income or profits derived therefrom.

Appears in 7 contracts

Samples: Limited Liability Company/Joint Venture Agreement (Bluerock Residential Growth REIT, Inc.), Property Management Agreement (Bluerock Residential Growth REIT, Inc.), Property Management Agreement (Bluerock Residential Growth REIT, Inc.)

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Competitive Projects. Manager may, individually or with others, provide management services in regard to and possess an interest in any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and apartment projects other than the Project, whether or not such other ventures or projects are competitive with the Project, and Owner Bluerock shall not have any right to the income or profits derived therefrom.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Residential Growth REIT, Inc.)

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Competitive Projects. Manager may, individually or with others, provide management and other services in regard to to, and possess an interest in ownership and other interests in, any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and apartment projects other than the Project, whether or not such other ventures or projects are competitive with the Project, and . Owner shall not have any right to the income or profits derived therefromtherefrom and Manger shall not be in default of this Agreement by reason thereof.

Appears in 1 contract

Samples: Property Management Agreement (NRI Real Token Inc.)

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