Manager May Engage in Other Activities. The Manager of the Company shall have the right to participate in other business ventures of every kind, whether or not such other business ventures compete with the Company. No Manager shall be obligated to offer to the Company or its Members any opportunity to participate in any such other business venture. The Company shall not have any right to any income or profit derived from any such other business venture of the Manager.
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Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)
Manager May Engage in Other Activities. The Manager of the Company shall have the right to participate in other business ventures of every kind, whether or not such other business ventures compete with the Company. No The Manager shall not be obligated to offer to the Company or its to Members any opportunity to participate in any such other business venture, nor shall the Manager be obligated to obtain permission of the Members in order to engage in other activities. The Neither the Company nor the Members shall not have any right to any income or profit derived from any such other business venture of the Manager.
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Samples: Operating Agreement
Manager May Engage in Other Activities. The Manager of the Company Company, either individually or with others, shall have the right to participate in other business ventures of every kind, whether or not such other business ventures compete with the Company. No Manager Manager, acting in the capacity of a Manager, shall be obligated to offer to the Company Company, the Members, or its Members to any other Manager any opportunity to participate in any such other business venture. The Neither the Company nor any Member shall not have any right to any income or profit derived from any such other business venture of the a Manager.. BENCHMARK REAL ESTATE FUND 18 OPERATING AGREEMENT
Appears in 1 contract
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)
Manager May Engage in Other Activities. The Manager of the Company Company, either individually or with others, shall have the right to participate in other business ventures of every kind, whether or not such other business ventures compete with the Company. No Manager Manager, acting in the capacity of a Manager, shall be obligated to offer to the Company Company, the Members, or its Members to any other Manager any opportunity to participate in any such other business venture. The Neither the Company nor any Member shall not have any right to any income or profit derived from any such other business venture of the a Manager.
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