Common use of Competitive Projects Clause in Contracts

Competitive Projects. Manager may, individually or with others, engage in or 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 building projects other than the Property, whether or not such other ventures or projects are competitive with the Property.

Appears in 3 contracts

Samples: Property Management Agreement, Management Agreement (American Campus Communities Inc), Property Management Agreement (American Campus Communities Inc)

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

Appears in 2 contracts

Samples: Apartment Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Apartment Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Competitive Projects. Manager may, individually or with others, engage in or 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 building apartment projects other than the PropertyProject, whether or not such other ventures or projects are competitive with the PropertyProject, and Owner shall not have any right to the income or profits derived therefrom; provided, however, that Manager agrees that in its management of ventures or projects which are competitive with the Project, Manager will exercise good faith towards and deal fairly with Owner and the Project.

Appears in 1 contract

Samples: Management Agreement

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