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.
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Samples: Limited Partnership Agreement (ET Wayne Finance, L.L.C.), Limited Partnership Agreement (ET Wayne Finance, L.L.C.), Limited Partnership Agreement (ET Wayne Finance, L.L.C.)
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 venture or 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.
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Other Activities of Partners. Any Partner may have other business interests or its Affiliates or Associates may engage in or hold any interest in any other business ventures of business, venture, investment or activity whether or not similar to or competitive with the Business and will not be liable to account therefor to the Limited Partnership or any nature Partner nor will the Limited Partnership or description whatsoeverany Partner have any right in or to any such other business, whether currently existing venture, investment or hereafter createdactivity or to the income, proceeds or profits derived therefrom, 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 interestbusinesses, ventures and competitive activityventures, and neither investments or activities, even if in competition with the Partnership nor the other Partners shall have any right to participate in such other business ventures Business, will not be wrongful or to receive or share in any income or profits derived therefromimproper.
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Samples: Limited Partnership Agreement (Synreal Services Corp)
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 's or Affiliate’s '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.
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