Interest of the Managing Venturer in Certain Transactions. The Managing Venturer shall not be deemed to have received commissions, fees or other compensation paid to any firm, proprietorship, partnership or corporation that is an Affiliate, or in which the Managing Venturer, or any partner, officer, director or employee thereof or any member of any such person’s respective immediate family, owns a beneficial interest. Nothing contained in this Agreement shall be deemed to:
Appears in 3 contracts
Samples: Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp)
Interest of the Managing Venturer in Certain Transactions. The Managing Venturer shall not be deemed to have received commissions, fees or other compensation paid to any firm, proprietorship, partnership or corporation that is an Affiliate, or in which the Managing Venturer, or any partner, officer, director or employee thereof or any member of any such person’s 's respective immediate family, owns a beneficial interest. Nothing contained in this Agreement shall be deemed to:
Appears in 2 contracts
Samples: Joint Venture Agreement (Core Resource Management, Inc.), Joint Venture Agreement (TransCoastal Corp)
