Common use of Other Activities; Business Opportunities Clause in Contracts

Other Activities; Business Opportunities. Nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member for any profits or income earned or derived from other such activities or businesses. None of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (BIT ORIGIN LTD), Joint Venture Agreement (Xeriant, Inc.)

AutoNDA by SimpleDocs

Other Activities; Business Opportunities. Nothing contained in this Agreement shall prevent any Member Member, including the Managers, or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member for any profits or income earned or derived from other such activities or businesses. None of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CurrencyWorks Inc.)

Other Activities; Business Opportunities. (a) Nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member for any profits or income earned or derived from other such activities or businesses. None of the Members Except as otherwise provided in Section 7.08(b), no Member nor any of their its Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Scio Diamond Technology Corp)

Other Activities; Business Opportunities. Nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business, except to the extent agreed to in the Joint Venture Agreement. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member Members for any profits or income earned or derived from other such activities or businesses. None of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Athenex, Inc.)

Other Activities; Business Opportunities. Nothing Except as set forth in Error! Reference source not found., nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member for any profits or income earned or derived from other such activities or businesses. None of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iMedia Brands, Inc.)

AutoNDA by SimpleDocs

Other Activities; Business Opportunities. Nothing (a) Except as set forth in Section 10.02, nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member Members for any profits or income earned or derived from other such activities or businesses. None Except as otherwise provided in Section 7.12(b), none of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member Members of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Other Activities; Business Opportunities. Nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether those activities or businesses are similar to or competitive with the Business. None business of the Members nor Company. No Member or any of their his, her or its Affiliates shall be obligated to account to the Company or to the other Member Members for any profits or income earned or derived from other such activities or businesses. None of the Members Neither any Member nor any of their its Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Operating Agreement (Csac Acquisition Inc.)

Other Activities; Business Opportunities. Nothing Except as set forth in Section 10.02, nothing contained in this Agreement shall prevent any Member or any of its Affiliates from engaging in any other activities or businesses, regardless of whether unless those activities or businesses are similar to or competitive with the BusinessBusiness in the Territory. None of the Members nor any of their Affiliates shall be obligated to account to the Company or to the other Member for any profits or income earned or derived from other such activities or businesses. None of the Members nor any of their Affiliates shall be obligated to inform the Company or the other Member of any business opportunity of any type or description.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Arcadia Biosciences, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!