Other Activities of Partners. Limited Partners and their Affiliates and Associates and, subject to Section 7.20, Affiliates and Associates of the General Partner may engage in businesses, ventures, investments and activities which may be similar to or competitive with those in which the Partnership is or might be engaged and those Persons will not be required to offer or make available to the Partnership any other business or investment opportunity which any of those Persons may acquire or be engaged in for its own account.
Other Activities of Partners. Any Partner may have other business interests or may engage in other business ventures of any nature or description whatsoever, whether currently existing or hereafter created, and may compete, directly or indirectly, with the business of the Partnership. No Partner or Affiliate thereof shall incur any liability to the Partnership as a result of such Partner’s or Affiliate’s pursuit of such other business interest, ventures and competitive activity, and neither the Partnership nor the other Partners shall have any right to participate in such other business ventures or to receive or share in any income or profits derived therefrom.
Other Activities of Partners. 13 Section 5.7 Duty of Care; Indemnification .........................................................................14 ARTICLE 6
Other Activities of Partners. (a) Subject to the Fund LP Agreement and to full compliance with the code(s) of ethics of Apollo Global Management, LLC and its Affiliates and other written policies relating to personal investment transactions, membership in the Partnership shall not prohibit a Partner from purchasing or selling as a passive investor any interest in any asset.
Other Activities of Partners. Except as otherwise agreed in writing, each Partner (i) may carry on and conduct in any way or in any capacity, including, but not limited to, for such Partner's own right and for such Partner's own personal account, as a partner in any other partnership, as a venturer in any joint venture, as a member or manager in any limited liability company, as an employee, officer, director or stockbroker of any corporation, or as a participant in any syndicate, pool, trust, association or other business organization, a business that competes, directly or indirectly, with the business of the Partnership, (ii) will be free in any capacity to conduct business activities the same or similar as conducted by the Partnership and (iii) may make investments in any kind of property. The Partnership will have absolutely no claim or right to any such business or assets thereof. Further, the Partnership will have claim to and will own only those assets contributed to the Partnership or acquired with Partnership funds or credit. Neither this Agreement nor any principle of law or equity shall preclude or limit, in any respect, the right of any Partner or any affiliate thereof to engage in or derive profit or compensation from any activities or investments, nor give any other Partner any right to participate or share in such activities or investments or any profit or compensation derived therefrom.
Other Activities of Partners. Neither this Agreement nor any principle of law or equity shall preclude or limit, in any respect, the right of any Partner or any Affiliate thereof to engage in or derive profit or compensation from any activities or investments, nor give any other Partner any right to participate or share in such activities or investments or any profit or compensation derived therefrom.
Other Activities of Partners. (a) Each Partner agrees that, for so long as it is a Partner of the Partnership, (i) its sole business will be to act as a general partner or managing member of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner, manager or member of one or more Group Members or (B) the acquiring, owning or disposing of debt or equity securities in any Group Member.
(b) Notwithstanding the terms of Section 6.1(a), any Affiliate or Affiliates of a Partner (except any wholly-owned Subsidiary of a Partner) shall have the right to engage in businesses of every type and description and other activities for profit and to engage in and possess an interest in other business ventures of any and every type or description, whether in businesses engaged in or anticipated to be engaged in by any Group Member, independently or with others, including business interests and activities in direct competition with the business and activities of any Group Member, and none of the same shall constitute a breach of this Agreement or any duty otherwise existing at law, in equity or otherwise to any Group Member or any Partner. None of any Group Member or any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any business ventures of any Affiliates of a Partner.
(c) Subject to the terms of Section 6.1(a) and Section 6.1(b), but otherwise notwithstanding anything to the contrary in this Agreement, (i) the engaging in competitive activities by any Person (other than any Partner or a wholly owned Subsidiary of a Partner) that is an Affiliate of a Partner in accordance with the provisions of this Section 6.1 is hereby approved by the Partnership and all Partners, (ii) it shall be deemed not to be a breach of any Partner’s or any other Person’s duties or any other obligation of any type whatsoever of a Partner or any other Person for any such Person that is an Affiliate of a Partner (other than such Partner or its wholly owned Subsidiary) to engage in such business interests and activities in preference to or to the exclusion of any Group Member, (iii) none of the Partners or any other Person shall have any obligat...
Other Activities of Partners. Any Partner and its Affiliates may have other business interests and may engage in other business ventures of any nature or description whatsoever, whether presently existing or hereafter created, and whether or not competitive with the business of the Company or any Partner, provided, however, that during the term of this Agreement the General Partner and its Affiliates shall not acquire or own any office property in the DC Metropolitan Area, except as permitted in ARTICLE XIII below. The rights of NYSCRF under this Section 6.10 are personal to NYSCRF and shall not be enforceable by any assignee or transferee, whether voluntarily or involuntarily or by operation of law, of the rights of NYSCRF under this Agreement, other than a transferee of NYSCRF pursuant to Section 10.02(b).
Other Activities of Partners. CO-INVESTMENT OBLIGATION ------------------------------------------------------
Other Activities of Partners. (a) No Limited Partner other than a Retired Partner shall engage in any occupation, profession, employment or other business, as an officer, director, partner, manager, member, employee, agent, consultant or otherwise, without the prior written consent of the General Partner, unless such activity is carried out on behalf of the Partnership or an Affiliate.
