Common use of Other Activities of the Holders Clause in Contracts

Other Activities of the Holders. Fiduciary Duties. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders.

Appears in 2 contracts

Samples: Stockholders Agreement (Capstar Broadcasting Partners Inc), Stockholders Agreement (Capstar Broadcasting Partners Inc)

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Other Activities of the Holders. Fiduciary Duties. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders.

Appears in 2 contracts

Samples: Stockholders Agreement (Turkey Vulture Fund Xiii LTD), Stockholders Agreement (Insurance Partners Lp)

Other Activities of the Holders. Fiduciary Duties. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which that may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable lawlaw and any other agreement that may be executed by any such Stockholder, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company Company, or any of its Subsidiaries, or any HolderStockholder, of any fiduciary or other duties or obligations they may have to the stockholders of the Company's stockholders.

Appears in 1 contract

Samples: Stockholders Agreement (Cast Alloys Inc)

Other Activities of the Holders. Fiduciary Duties. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders.,

Appears in 1 contract

Samples: Stockholders Agreement (Capstar Broadcasting Partners Inc)

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Other Activities of the Holders. Fiduciary DutiesFIDUCIARY DUTIES. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders.

Appears in 1 contract

Samples: Stockholders Agreement (Nauert Peter W)

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