Obligations Not Exclusive. The obligations of the Parties under this Section 2.9 shall be in addition to any liability which any Party may otherwise have to any other Person.
Obligations Not Exclusive. The Manager and the officers of the Fund shall be required to devote only such part of their time as is reasonably needed to manage the business of the Fund or discharge their duties, it being understood that Ridgewood, as Manager, and the officers of the Fund have and shall have other business interests and therefore shall not be required to devote their time exclusively to the Fund. Ridgewood Energy Corporation and the officers of the Fund shall in no way be prohibited from or restricted in engaging in, or possessing an interest in, any other business venture of a like or similar nature. Nothing in this Section 12.8 shall relieve Ridgewood Energy Corporation of its or their fiduciary or contractual obligations to the Investors, except as limited in Article 3. Notwithstanding anything to the contrary contained in this Article or elsewhere in this Agreement, Ridgewood Energy Corporation has no duty to take any affirmative action with respect to management of the Fund's business or Fund Property which might require the expenditure of monies by the Fund or Ridgewood Energy Corporation unless the Fund is then possessed of such monies available for the proposed expenditure. Except as otherwise provided in this Agreement, under no circumstances shall Ridgewood Energy Corporation be required to expend its own funds in connection with the day to day operation of Fund business.
Obligations Not Exclusive. The General Partner shall devote such time as is reasonably necessary to manage the Partnership's business, it being understood that the General Partner may engage in other employment and other transactions for his own account and for the account of others. General Partner shall not engage in any employment or transactions that would be in direct conflict of interest to the Partnership.
Obligations Not Exclusive. The obligations of the Shareholders contemplated by this Section 7 shall be in addition to any liability which the respective Shareholder may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Company and to each person, if any, who controls the Company within the meaning of the Securities Act.
Obligations Not Exclusive. The rights of the Bank and the obligations of the Executive set forth in this Section 3.6(i) are in addition to any other rights and obligations under applicable laws and regulations, the terms and conditions of any plan and award agreement pursuant to which incentive-based compensation is awarded to the Executive, and the terms and conditions of any claw back, recoupment or similar policy applicable to the executive officers of the Bank, which the Bank or the Company may adopt and maintain from time to time.
Obligations Not Exclusive. The General Partner shall be required to devote only such time as is reasonably necessary to manage the Partnership's business, it being understood that the General Partner has other business activities and therefore shall not devote its time exclusively to the Partnership. No General Partner, or any officer, director, shareholder, or other person holding a legal or beneficial interest in any General Partner, shall, by virtue of the interest in the Partnership, be in any way prohibited or restricted from engaging in, investing in, or possessing an interest in any business activity of any nature or description, including those which may be equivalent to or in competition with the Partnership. Neither the Partnership nor any Partner shall have a right by virtue of this Agreement or any relationship created by this Agreement in or to such other ventures or activities or to the income or proceeds derived from them.
Obligations Not Exclusive. ATLANTIC agrees that the ------------------------- obligations of the Agent under this Agreement: (a) shall not preclude the Agent from contemporaneously participating in, acting as placement agent for, or underwriting the offering of securities of other issuers; (b) shall not impose any obligation on the Agent to require its registered representatives, some or all of whom may be independent contractors, to offer and sell the Shares; and (c) shall require the Agent to make an effort to find purchasers for the Unsubscribed Shares only to the extent the Agent is motivated to do so by the compensation and other provisions of this Agreement.
Obligations Not Exclusive. The obligations of the Shareholders contemplated by this Section 5(k) shall be in addition to any liability which the respective Shareholder may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Issuer and to each person, if any, who controls the Issuer within the meaning of the Securities Act.
Obligations Not Exclusive. The Managing Partner is required to devote and dedicate a sufficient amount of its time and expertise to the furtherance of the Partnership
Obligations Not Exclusive. Nothing contained in this Section 6 shall limit any common law or statutory obligation that Executive may have to the Company.
