Managers Have No Exclusive Duty to Company or Series Sample Clauses

Managers Have No Exclusive Duty to Company or Series. Any Manager may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company or any Series, and the Company, any Series and the Members shall have no rights by virtue of this Agreement or any Separate Series Agreement in and to such independent ventures or the income or profits derived therefrom, and pursuing any such venture, even if competitive with the business of the Company or any Series, shall not be deemed wrongful or improper. No Manager shall have to present any particular investment opportunity to the Company or any Series even if such opportunity is of a character that, if presented to the Company or such Series, could be taken by the Company or such Series, and any Manager may take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment opportunity.
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