Common use of No Obligation to Present Business Opportunities Clause in Contracts

No Obligation to Present Business Opportunities. Other than as set forth Section 2.1 with respect to Public Equity Securities, none of the Partnership Parties shall have any obligation to present any business opportunity (including, but not limited to, Logistics Businesses) to Holdings and its Affiliates. Other than as set forth in Section 2.2 with respect to Logistics Businesses, Holdings shall have no obligation to present any business opportunity (including, but not limited to, Public Equity Securities) to the Partnership Parties and their Affiliates.

Appears in 3 contracts

Samples: Non Compete Agreement (Valero L P), Non Compete Agreement (Valero Gp Holdings LLC), Non Compete Agreement (Valero L P)

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No Obligation to Present Business Opportunities. Other than as set forth in Section 2.1 with respect to Public Equity Securities, none of the Partnership Parties shall have any obligation to present any business opportunity (including, but not limited to, Logistics MLP Businesses) to Holdings and its AffiliatesHoldings. Other than as set forth in Section 2.2 with respect to Logistics MLP Businesses, Holdings shall have no obligation to present any business opportunity (including, but not limited to, Public Equity Securities) to the Partnership Parties and their AffiliatesParties.

Appears in 2 contracts

Samples: Non Compete Agreement (Penn Virginia GP Holdings, L.P.), Non Compete Agreement (Penn Virginia Resource Partners L P)

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No Obligation to Present Business Opportunities. Other than as set forth in Section 2.1 with respect to Public Equity Securities, none of the Partnership Parties shall have any obligation to present any business opportunity (including, but not limited to, Logistics Businesses) to Holdings and its Affiliates. Other than as set forth in Section 2.2 with respect to Logistics Businesses, Holdings shall have no obligation to present any business opportunity (including, but not limited to, Public Equity Securities) to the Partnership Parties and their Affiliates.

Appears in 1 contract

Samples: Non Compete Agreement (Valero Gp Holdings LLC)

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