Common use of Other Activities of the General Partner Clause in Contracts

Other Activities of the General Partner. The General Partner and its Affiliates shall devote so much of their time to the affairs of the Partnership as in the judgment of the General Partner the conduct of its business shall reasonably require, and neither the General Partner nor its Affiliates shall be‌ obligated to do or perform any act or thing in connection with the business of the Partnership not expressly set forth in this Agreement. Notwithstanding anything to the contrary in this Section 4.04, the General Partner and its Affiliates may exercise investment responsibility, engage directly or indirectly in any other business and directly and indirectly purchase, sell, hold or otherwise deal with any digital asset for the account of any such other business, for their own accounts, for any of their family members or for Other Accounts. No Limited Partner shall, by reason of being a Partner of the Partnership, have any right to participate in any manner in any profits or income earned, derived by or accruing to the General Partner or any of its Affiliates from the conduct of any business other than the business of the Partnership (to the extent provided in this Agreement) or from any transaction in digital assets effected by the General Partner or any of its Affiliates for any account other than that of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

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Other Activities of the General Partner. The General Partner and its Affiliates shall devote so much of their time to the affairs of the Partnership as in the judgment of the General Partner the conduct of its business shall reasonably require, and neither the General Partner nor its Affiliates shall be‌ be obligated to do or perform any act or thing in connection with the business of the Partnership not expressly set forth in this Agreement. Notwithstanding anything to the contrary in this Section 4.04, the General Partner and its Affiliates may exercise investment responsibility, engage directly or indirectly in any other business and directly and indirectly purchase, sell, hold or otherwise deal with any digital asset for the account of any such other business, for their own accounts, for any of their family members or for Other Accounts. No Limited Partner shall, by reason of being a Partner of the Partnership, have any right to participate in any manner in any profits or income earned, derived by or accruing to the General Partner or any of its Affiliates from the conduct of any business other than the business of the Partnership (to the extent provided in this Agreement) or from any transaction in digital assets effected by the General Partner or any of its Affiliates for any account other than that of the Partnership.

Appears in 2 contracts

Samples: Management Agreement, static1.squarespace.com

Other Activities of the General Partner. The General Partner and its Affiliates shall devote so much of their time to the affairs of the Partnership as in the judgment of the General Partner the conduct of its business shall reasonably require, and neither the General Partner nor its Affiliates shall be‌ be obligated to do or perform any act or thing in connection with the business of the Partnership not expressly set forth in this Agreement. Notwithstanding anything to the contrary in this Section 4.04, the General Partner and its Affiliates may exercise investment responsibility, engage directly or indirectly in any other business and directly and indirectly purchase, sell, hold or otherwise deal with any digital asset for the account of any such other business, for their own accounts, for any of their family members or for Other Accounts. No Limited Partner shall, by reason of being a Partner of the Partnership, have any right to participate in any manner in any profits or income earned, derived by or accruing to the General Partner or any of its Affiliates from the conduct of any business other than the business of the Partnership (to the extent provided in this Agreement) or from any transaction in digital assets effected by the General Partner or any of its Affiliates for any account other than that of the Partnership.Partnership.‌‌

Appears in 1 contract

Samples: Partnership Agreement

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Other Activities of the General Partner. The General Partner and its Affiliates shall devote so much of their time to the affairs of the Partnership as in the judgment of the General Partner the conduct of its business shall reasonably require, and neither the General Partner nor its Affiliates shall be‌ be obligated to do or perform any act or thing in connection with the business of the Partnership not expressly set forth in this Agreement. Notwithstanding anything to the contrary in this Section 4.04, the General Partner and its Affiliates may exercise investment responsibility, engage directly or indirectly in any other business and directly and indirectly purchase, sell, hold or otherwise deal with any digital asset for the account of any such other business, for their own accounts, for any of their family members or for Other Accounts. No Limited Partner shall, by reason of being a Partner of the Partnership, have any right to participate in any manner in any profits or income earned, derived by or accruing to the General Partner or any of its Affiliates from the conduct of any business other than the business of the Partnership (to the extent provided in this Agreement) or from any transaction in digital assets effected by the General Partner or any of its Affiliates for any account other than that of the Partnership.Partnership.‌

Appears in 1 contract

Samples: cdn2.hubspot.net

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