Common use of Other Activities of Partners Clause in Contracts

Other Activities of Partners. The Partners specifically acknowledge that the Partners and their affiliates will be engaged in other businesses including businesses which may be similar to the business of this Partnership. Nothing in this Agreement shall be deemed to restrict in any manner the freedom of the Partners to conduct any other business or activity whatsoever (including, without limitation, the acquisition, ownership, leasing or sale of real property), without any accountability to the Partnership or to any Partner, even if that business or activity competes with the business of the Partnership.

Appears in 1 contract

Samples: Agreement (Somerset Power LLC)

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Other Activities of Partners. The Partners specifically acknowledge that the Partners and their affiliates will be engaged in other businesses including businesses which may be similar to the business of this the Partnership. Nothing in this Agreement shall be deemed to restrict in any manner the freedom of the Partners to conduct any other business or activity whatsoever (including, without limitation, the acquisition, ownership, leasing or sale of real property), without with the any accountability to the Partnership or to any Partner, even if that business or activity competes with the business of the Partnership.

Appears in 1 contract

Samples: Onsite Energy, Inc.

Other Activities of Partners. The Partners specifically acknowledge that the Partners and their affiliates will be engaged in other businesses including businesses which may be similar to the business of this Partnership. Nothing in this Partnership Agreement shall in any way restrict, or be deemed to restrict in any manner restrict, the freedom of the Partners any Partner to conduct any other business or activity whatsoever (including, without limitation, including but not limited to the acquisition, ownershipdevelopment, operation, management, leasing or sale of real property)) or require, without any or be deemed to require, accountability to the Partnership or to any Partnerother Partner with respect thereto or with respect to any opportunity therefor, even if that such business or activity competes may compete with the business of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Abrams David L)

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Other Activities of Partners. The Partners specifically acknowledge that the Partners and their affiliates will be engaged in other businesses including businesses which may be similar to the business of this Partnership. Nothing in this Partnership Agreement shall in any way restrict, or be deemed to restrict in any manner restrict, the freedom of the Partners any Partner to conduct any other business or activity whatsoever (includingor require, without limitationor be deemed to require, the acquisition, ownership, leasing or sale of real property), without any accountability to the Partnership or to any Partnerother Partner with respect thereto or with respect to any opportunity therefor, even if that such business or activity competes may compete with the business of the Partnership.

Appears in 1 contract

Samples: Beazer Homes Texas Lp

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