Common use of Multiple Capacities Clause in Contracts

Multiple Capacities. Except to the extent necessary for performance of your obligations hereunder, nothing shall restrict your right or any of your directors, officers or employees who may be directors, officers or employees of the Company to engage in any other business or to devote time and attention to the management or other aspects of any other business whether of a similar or dissimilar nature or to render services of any kind to any other corporation, firm, individual or association. It is understood and agreed that the directors, officers, agents, employees and shareholders of the Company may be interested in your company as directors, officers, shareholders, employees, agents or otherwise, and the directors, officers, agents, employees and shareholders of your company may be interested in the Company as a shareholder or otherwise.

Appears in 4 contracts

Samples: Bancroft Convertible Fund Inc, Bancroft Convertible Fund Inc, Bancroft Convertible Fund Inc

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Multiple Capacities. Except to the extent necessary for performance of your obligations hereunder, nothing shall restrict your right or the right of any of your directors, officers or employees who may be directors, officers or employees of the Company to engage in any other business or to devote time and attention to the management or other aspects of any other business whether of a similar or dissimilar nature or to render services of any kind to any other corporation, firm, individual or association. It is understood and agreed that the directors, officers, agents, employees and shareholders stockholders of the Company may be interested in your company as directors, officers, shareholdersstockholders, employees, agents or otherwise, and that the directors, officers, agents, employees and shareholders stockholders of your company may be interested in the Company as a shareholder stockholder or otherwise.

Appears in 1 contract

Samples: Ellsworth Convertible Growth & Income Fund Inc

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