Independent Conduct Sample Clauses

Independent Conduct. The Trustees, and the Trustor on behalf of all future Unit Owners, hereby reserve and retain the right to engage in all businesses and activities of any kind whatsoever (irrespective of whether the same may be in competition with the Trust), and to receive compensation or profit therefor, for their own respective accounts and without in any manner being obligated to disclose or offer such business and activities or assets or compensation or profit to each other or to the Trust. In Witness Whereof, Trustor and Trustees hereunto set their hands effective as of the day and year first above written. TRUSTOR: XXXXXXX XXXXXXXX ENERGY, INC. By: /Xxxx Xxxxxx TRUSTEES: /s/Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx /s/Xxxxxx X. Xxxxxx Xxxxxx X. Xxxxxx /s/Jordan X. Xxxxx Xxxxxx X. Xxxxx SCHEDULE 1 NEW MEXICO WORKING INTEREST TRUST Ownership Summary Xxxxxxx, Xxxx 16.1712 % Xxxxx, Xxx 15.5309 % Xxxxxx, Xxxx 15.1056 % Xxxxxx, Xxxx 8.6567 % Xxxxxxx, Xxxx 6.1314 % Xxxxxx, Xxxxx 6.0198 % Xxxxxx, Xxxx 5.9006 % Xxxxxx, Xxxx 5.4168 % Xxxxxx, Xxxx 5.4089 % Xxxxx, Xxx 5.0507 % Xxxxxxxxx, Xxxxxxxx 3.2198 % Xxxxxxx, Xxxx 2.4047 % Xxxxx, Xxxxx 2.1970 % Xxxxxxx, Xxx 0.6026 % Xxxxxx, Xxxxxx 0.5475 % Xxxxxxxxxx, Xxxxxx 0.4649 % Xxxxxx, Xxxxxx 0.4419 % Xxxxxx, Xxxxxx 0.3960 % Xxxxx, Xxx 0.1664 % Xxxxxx, Xxxxx 0.1664 % 100.0000 %
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Independent Conduct. Each of the Partners and their respective Affiliates reserve and retain the right to engage in all businesses and activities of any kind whatsoever (regardless of whether the same may be in competition with the business and activities of the Partnership), and to acquire and own all assets however acquired and wherever situated, and to receive compensation or profit therefrom, for their own respective accounts and without in any manner being obligated to disclose such business and activities or assets or compensation or profit to the other Partners or to the Partnership.
Independent Conduct. The Representatives and the Manager shall not be required to manage the Company as their sole and exclusive function and such Manager and Representatives and Affiliates of any Member may have other business interests and may engage in other investments or activities in addition to those relating to the Company, irrespective of whether some may be in competition with the business and activities of the Company. Neither the Company nor any Member shall have any right, by virtue of this Agreement, to share or participate in such other business interests, investments or activities of a Manager or a Representative or an Affiliate of a Member, or to the income or proceeds derived therefrom. No Manager or Representative shall incur liability to the Company or to any Member solely by reason of engaging in any such other business, investment or activity. Nothing in this Agreement shall affect any obligations and liabilities of a Member Representative to the Member that selected such Member Representative.
Independent Conduct. (a) Except as provided in Section 6.6 or 7.6(b), each Member and its Affiliates shall have the right to (i) engage in any and all businesses and activities of any kind (irrespective of whether such businesses and activities compete with the businesses and activities of the Company, the other Members or any of their respective Affiliates), (ii) use, lease and own any and all rights and properties of any kind, however used, leased or owned and wherever used, leased or owned, and (iii) receive compensation or profit therefrom for its or their own account and without in any manner being obligated to disclose or offer such businesses, activities, rights, properties, compensation or profit to the Company, the other Members or any of their respective Affiliates.
Independent Conduct. Each of the Partners and respective Affiliates reserve and retain the right to engage in all businesses and activities of any kind whatsoever (irrespective of whether same may be in competition with the business and activities of the Partnership) and to acquire and own all assets however acquired and wherever situated, and to receive compensation or profit therefrom, for its own respective account and without in any manner being obligated to disclose such business and activities or assets or compensation or profit to the other Partners or to the Partnership. EXECUTED to be effective as of the first date above written. GENERAL PARTNER: DDOPP HOLDING LLC By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx, Assistant Secretary LIMITED PARTNER: HANGER PROSTHETICS & ORTHOTICS, INC. By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx, Vice President and General Counsel EXHIBIT “A” TO THE AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF XXXXXXX’X DYNAMIC ORTHOTICS AND PROSTHETICS PARTNERSHIP, LTD. PARTNER STATUS INITIAL CAPITAL CONTRIBUTION PARTNERSHIP UNITS SHARING RATIO DDOPP HOLDING LLC 00000 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 GENERAL PARTNER $ 12,027 100 1 % HANGER PROSTHETICS & ORTHOTICS, INC. 00000 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 LIMITED PARTNER $ 1,190,671 9,900 99 % TOTALS $ 1,202,698 10,000 100 % EXHIBIT “B” Certificate No. CERTIFICATE OF No. of Units LIMITED PARTNERSHIP INTEREST OF XXXXXXX’X DYNAMIC ORTHOTICS AND PROSTHETICS PARTNERSHIP, LTD. This Certificates that has been admitted as a Limited Partner of XXXXXXX’X DYNAMIC ORTHOTICS AND PROSTHETICS PARTNERSHIP, LTD., and has been issued Partnership Units which represent its interest as a Limited Partner in the Partnership.
Independent Conduct. The Company, the Trustee and the Company on behalf of all future Unit Holders hereby reserve and retain the right to engage in all businesses and activities of any kind whatsoever (irrespective of whether the same may be in competition with the Trust), and to acquire and own all assets however acquired and wherever situated and to receive compensation or profit thereof, for their own respective accounts and without in any manner being obligated to disclose or offer such businesses, activities, assets, compensation or profit to each other or to the Trust.

Related to Independent Conduct

  • Independent Consultant This Agreement shall not render the Consultant an employee, partner, agent of, or joint venturer with the Company for any purpose. The Consultant is and will remain an independent Consultant in his relationship to the Company. The Company shall not be responsible for withholding taxes with respect to the Consultant’s compensation hereunder. The Consultant shall have no claim against the Company hereunder or otherwise for vacation pay, sick leave, retirement benefits, social security, worker’s compensation, health or disability benefits, unemployment insurance benefits, or employee benefits of any kind.

  • Independent Contractor Status The Sub-Adviser shall for all purposes hereof be deemed to be an independent contractor and shall, unless otherwise provided or authorized, have no authority to act for or represent the Trust or the Advisers in any way or otherwise be deemed an agent of the Fund or the Advisers.

  • Independent Covenant 12 Section 10.06 Materiality............................................ 13

  • Independent Contractor Relationship Consultant and the Company are independent contractors and nothing contained in this Agreement shall be construed to place them in the relationship of partners, principal and agent, employer/employee or joint ventures. Neither party shall have the power or right to bind or obligate the other party, nor shall it hold itself out as having such authority.

  • Permitted Conduct (i) Nothing in this Agreement, including the obligations set forth in this Section 7, restricts or prohibits the Executive from initiating communications directly with, responding to any inquiries from, providing testimony before, providing confidential information to, reporting possible violations of law or regulation to, or from filing a claim or assisting with an investigation directly with a self-regulatory authority or a government agency or entity, including the U.S. Equal Employment Opportunity Commission, the Department of Labor, the National Labor Relations Board, the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General (collectively, the “Regulators”), or from making other disclosures that are protected under the whistleblower provisions of state or federal law or regulation. The Executive does not need the prior authorization of the Company to engage in such communications with the Regulators, respond to such inquiries from the Regulators, provide confidential information or documents to the Regulators, or make any such reports or disclosures to the Regulators. The Executive is not required to notify the Company that he has engaged in such communications with the Regulators.

  • Independent Covenants This Lease shall be construed as though the covenants herein between Landlord and Tenant are independent and not dependent and Tenant hereby expressly waives the benefit of any statute to the contrary and agrees that if Landlord fails to perform its obligations set forth herein, Tenant shall not be entitled to make any repairs or perform any acts hereunder at Landlord’s expense or to any setoff of the Rent or other amounts owing hereunder against Landlord.

  • Independent Contractor In the performance of its services hereunder, the Subadviser is and shall be an independent contractor and unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Fund, the Trust or the Adviser in any way or otherwise be deemed an agent of the Fund, the Trust or the Adviser.

  • Engagement of Consultant The Company hereby engages Consultant to ------------------------- assist the Company in programming services.

  • Independent Activities 14.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

  • Prohibited Conduct In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

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