Common use of Non-Exclusiveness Clause in Contracts

Non-Exclusiveness. No provision of this Agreement shall prevent BNYM from offering services similar or identical to those covered by this Agreement to any other corporations, associations or entities of any kind. Any and all operational procedures, techniques and devices developed by BNYM in connection with the performance of its duties and obligations under this Agreement, including those developed in conjunction with the Funds, shall be and remain the property of BNYM, and BNYM shall be free to employ such procedures, techniques and devices in connection with the performance of any other contract with any other person whether or not such contract is similar or identical to this Agreement.

Appears in 7 contracts

Samples: Administrative Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Administrative Services Agreement (Grosvenor Registered Multi-Strategy Fund (W), LLC), Administrative Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC)

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Non-Exclusiveness. No provision of this Agreement shall prevent BNYM from offering services similar or identical to those covered by this Agreement to any other corporations, associations or entities of any kind. Any and all operational procedures, techniques and devices developed by BNYM in connection with the performance of its duties and obligations under this Agreement, including those developed in conjunction with the FundsFund, shall be and remain the property of BNYM, and BNYM shall be free to employ such procedures, techniques and devices in connection with the performance of any other contract with any other person whether or not such contract is similar or identical to this Agreement.

Appears in 2 contracts

Samples: Administrative Services Agreement (Evanston Alternative Opportunities Fund), Administrative Services Agreement (Global Chartist Fund, LLC)

Non-Exclusiveness. No provision of this Agreement shall prevent BNYM from offering services similar or identical to those covered by this Agreement to any other corporations, associations or entities of any kind. Any and all operational procedures, techniques and devices developed by BNYM in connection with the performance of its duties and obligations under this Agreement, including those developed in conjunction with the FundsFund, shall be and remain the property of BNYM, and BNYM shall be free to employ such procedures, techniques and devices in connection with the performance of any other contract with any other person whether or not such contract is similar or identical to this Agreement.

Appears in 1 contract

Samples: Administrative Services Agreement (Susa Registered Fund, L.L.C.)

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Non-Exclusiveness. No provision of this Agreement shall prevent BNYM from offering services similar or identical to those covered by this Agreement to any other corporations, associations or entities of any kind. Any and all operational procedures, techniques and devices developed by BNYM in connection with the performance of its duties and obligations under this Agreement, including those developed in conjunction with the Funds, shall be and remain the property of BNYM, and BNYM shall be free to employ such procedures, techniques and devices in connection with the performance of any other contract with any other person whether or not such contract is similar or identical to this Agreement.. Administrative Services Agreement Page 19 of 39

Appears in 1 contract

Samples: Administrative Services Agreement

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