Competitive Undertakings Sample Clauses

Competitive Undertakings. Except as otherwise provided in Sections 13.4, 13.5 and 13.7 of this Agreement, any Member and the Manager may engage in business ventures of any nature and description independently or with others, including, but not limited to, business of the character described in Article 3 (or any part thereof), and neither the Company nor any of the Members shall have any rights in or to such independent ventures or the income or profits derived therefrom.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Competitive Undertakings. Any Manager or Member may engage in business ventures of any nature and description independently or with others. However, the Members and any Manager agree that until they are no longer a Member or a Manager they will not pursue any opportunities in the business of the character described in Article 3 (or any part thereof). Neither the Company nor any of the Members shall have any rights in or to such independent ventures or the income or profits derived therefrom.
Sample 1Sample 2
Competitive Undertakings. Except as otherwise provided in Sections 14.3 and 14.5 of this Agreement, any Partner and the General Partner may engage in business ventures of any nature and description independently or with others, including, but not limited to, business of the character described in ARTICLE 4 (or any part thereof), and neither the Partnership nor any of the Partners shall have any rights in or to such independent ventures or the income or profits derived therefrom, nor shall any Partner or General Partner have any fiduciary or other duty to any other Partner with respect to the Partnership or its Properties as a result of such other business ventures.
Sample 1
Competitive Undertakings. Except as otherwise provided in Sections 13.4, 13.5 and 13.7 of this Agreement, any Member and the Manager may engage in business ventures of any nature and description independently or with others, including, but not limited to, business of the character described in Article 3 (or any part thereof), and neither the Company nor any of the Members shall have any rights in or to such independent ventures or the income or profits derived therefrom, nor shall any Member or Manager have any fiduciary or other duty to any other Member with respect to the Company or its Properties as a result of such other business ventures, including, but not limited to, the SAU Joint Venture or the Inland Joint Venture (as defined herein).
Sample 1

Related to Competitive Undertakings

  • Positive undertakings The undertakings in this Clause 21 (Positive Undertakings) remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force. The Borrower shall, and shall cause each of its Subsidiaries, to comply with the undertakings contained in this Clause 21.

  • Negative undertakings The Borrower will not:

  • Other Undertakings Tenant shall take such actions and execute and deliver such documents, including, without limitation, the New Lease and new or amended Memorandum(s) of Lease and, if requested by Landlord, an amendment to this Master Lease, as are reasonably necessary and appropriate to effectuate fully the provisions and intent of this Section 1.12(b), and as otherwise are appropriate or as Landlord or any Title Insurer may reasonably request to evidence such removal and new leasing of the Removal Properties, including memoranda of lease with respect to such New Leases and amendments of all existing memoranda of lease with respect to this Master Lease and an amendment of this Master Lease.

  • COMPLIANCE UNDERTAKINGS 6.1. The Fund undertakes to comply with Subchapter M and Section 817(h) of the Code, and all regulations issued thereunder.

  • Corporate Undertakings The Company will not engage in any of the following activities without a prior evaluation and affirmative recommendation of Advisor, solely for the Company's benefit and not for the benefit of any third party;

  • Further Undertakings The Executive hereby undertakes to the Company that he will not at any time:

  • Optionee Undertaking The Optionee agrees to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Option Agreement.

  • INFORMATION UNDERTAKINGS The undertakings in this Clause 20 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Subadviser Undertakings In all matters relating to the performance of this Agreement, the Subadviser shall act in conformity with the Company's Articles of Incorporation, By-Laws, and current Prospectus and with the written instructions and directions of the Board and the Adviser. The Subadviser hereby agrees to:

  • Representations and Undertakings 2.1. The Trust represents to the Distributor that all registration statements filed by the Trust with the SEC under the 1933 Act, with respect to Shares have been prepared in conformity with the requirements of the 1933 Act and rules and regulations of the SEC thereunder.

Time is Money Join Law Insider Premium to draft better contracts faster.