Common use of Other Activities of Members Clause in Contracts

Other Activities of Members. The Members may engage in or possess an interest in other business ventures of any nature, whether or not similar to or competitive with the activities of the Company, for their respective accounts and not for the account of the Company or the other Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Resource America Inc), Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

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Other Activities of Members. The Members Any member may engage in or possess an interest in other business ventures of any nature, whether or not similar to or competitive with the activities of the Company, for their respective accounts and not for the account of the Company or the other Members.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Other Activities of Members. The Members may engage in or possess an interest in other business ventures of any nature, whether or provided that they are not similar to or competitive with the activities of the Company, for their respective accounts and not for the account of the Company or the other Members.

Appears in 1 contract

Samples: Operating Agreement (Stratus Services Group Inc)

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