OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER Sample Clauses

OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER a. Any Member, Manager or any officer, director, employee, partner, shareholder, member or other person holding legal or beneficial interest in any entity which is a Member or Manager, may engage in or possess an interest in other business ventures of every nature and description, including business ventures which compete with the Company, independently or with others, and neither the Company nor the Members shall have any right by virtue of this Agreement in or to such independent ventures or to the income or profits derived therefrom. b. If a business in which a Member has an interest, or in which an affiliate of a Member has an interest, proposes to transact business with the Company, then such Member shall give notice to the Manager of its interest or the interest of its affiliate and business may be conducted with such entity upon terms approved by the Manager.
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OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER. Each of the Partners understands that the other Partner or its Affiliates may be interested, directly or indirectly, in various other businesses not included in the Partnership. The Partners hereby agree that the continuation of the Partnership and the assumption by each of the Partners of their duties hereunder shall be without prejudice to their rights (or the rights of their Affiliates) to have such other interests and activities and to receive and enjoy profits or compensation therefrom; and each Partner waives any rights it might otherwise have to share or participate in such other interests or activities of the other Partner or its Affiliates. The Partners agree that their interests in other businesses and activities and their rights to receive profits or compensation therefrom will not be a breach of this Agreement or a violation of any fiduciary or other obligations any Partner may owe to its other Partners or the Partnership. The Partners and/or their Affiliates may engage in or possess any interest in any other business of any nature or description independently or with others, including, but not limited to, the ownership, financing, operation or management of other television stations, and neither the Partnership nor the other Partner shall have any right by virtue of this Agreement in and to such other businesses or the income or profits derived therefrom. Each Partner shall give notice to the other Partner of its interest, or the interest of any of its Affiliates, in any other business or undertaking which proposes to enter into any business transactions with the Partnership and no such business transactions shall be entered into without the express written consent of the other Partners except as set forth in Sections 4.1, 4.3 and 4.4.
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OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER. Each of the parties may engage in or possess any interest in any other business venture of any nature or description independently or with others, and the other party shall not have any right by virtue of this Agreement in and to such business venture or the income or profits derived therefrom or to prevent the other party from engaging in such business venture.
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OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER. Each of the Venturers understands that the other Venturer or its affiliates may be interested, directly or indirectly, in various other businesses and undertakings not included in the Joint Venture. The Venturers hereby agree that the creation of the Joint Venture and the assumption by each of the Venturers of their duties hereunder shall be without prejudice to their rights (or the rights of their affiliates) to have such other interests and activities and to receive and enjoy profits or compensation therefrom, and each Venturer waives any rights he or it might otherwise have to share or participate in such other interests or activities of the other Venturer or their affiliates, provided such other interests do not negatively and materially affect the Venture. The Venturers may engage in or possess an interest in any other business venture of any nature or description independently or with others and neither the Joint Venture nor the other Venturer shall have any right by virtue of this Agreement in and to such venture or the income or profits derived therefrom if it negatively and materially affects the Venture. Each Venturer shall give notice to the other Venturer of its interest, or the interest of any of its affiliates, in any other business or undertaking which proposes to enter into any business transactions with the Joint Venture. Notwithstanding the above, Goldcoast hereby grants Concorde a right of first refusal with respect to any transaction involving or relating to the ownership, operation or management of a commercial gaming vessel which is located either within the State of Florida or is based, located or operated on land in or adjacent to Florida, other than Goldcoast's existing Fort Lauderdale project.
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OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER. Each of the Venturers understands that the other Venturer or its affiliates may be interested, directly or indirectly, in various other businesses and undertakings not included in the Joint Venture. The Venturers hereby agree that the creation of the Joint Venture and the assumption by each of the Venturers of their duties hereunder shall be without prejudice to their rights (or the rights of their affiliates) to have such other interests and activities and to receive and enjoy profits or compensation therefrom, and each Venturer waives any rights he or it might otherwise have to share or participate in such other interests or activities of the other Venturer or their affiliates, provided such other interests do not negatively and materially affect the Venture. The Venturers may engage in or possess an interest in any other business venture of any nature or
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Related to OTHER BUSINESS ACTIVITIES; DISCLOSURE, WAIVER

  • Other Business Activities of the Holders Each Holder acknowledges that the other Holders may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Borrower Party Affiliate, and receive payments on such other loans or extensions of credit to any Borrower Party Affiliate and otherwise act with respect thereto freely and without accountability, but only if none of the foregoing violate the Mortgage Loan Documents, in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

  • Other Business Activities During the Term, Employee will not, without the prior written consent of the Company, directly or indirectly engage in any other business activities or pursuits whatsoever, except activities in connection with any charitable or civic activities, personal investments and serving as an executor, trustee or in other similar fiduciary capacity; provided, however, that such activities do not interfere with his performance of his responsibilities and obligations pursuant to this Agreement.

  • Other Business Activities of the Note Holders Each Note Holder acknowledges that each other Note Holder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any Affiliate thereof, any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower or any entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower (each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

  • Other Business Activities of the Noteholders Each Noteholder acknowledges that each other Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, (i) (a) the Mortgage Loan Borrower or (b) any direct or indirect parent of the Mortgage Loan Borrower or (c) any Affiliate of the Mortgage Loan Borrower or (d) any Affiliate of any direct or indirect parent of the Mortgage Loan Borrower, (ii) any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower or any Affiliate of the holder of such debt, or (iii) any entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower or any Affiliate of a holder of such preferred equity (each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

  • Business Activities The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries taken as a whole.

  • No Business Activities Merger Sub has not conducted any activities other than in connection with the organization of Merger Sub, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Sub has no Subsidiaries.

  • Other Businesses Each Member and Manager may engage in any business whatsoever, including a business that is competitive with the business of the Company, and the other Members shall have no interest in such businesses and no claims on account of such businesses, whether such claims arise under the doctrine of “corporate opportunity,” an alleged fiduciary obligation owed to the Company or its members, or otherwise. Without limiting the preceding sentence, the Members acknowledge that the Manager and/or its affiliates intend to sponsor, manage, invest in, and otherwise be associated with other entities and business investing in the same assets classe(es) as the Company, some of which could be competitive with the Company. No Member shall have any claim against the Manager or its affiliates on account of such other entities or businesses.

  • Business Activity As long as this Note shall remain outstanding, Maker shall make no change in its business activity that would make it or any of its business activities non-compliant with SBA regulations and guidelines.

  • Other Business Ventures The Executive agrees that, so long as he is employed by the Company, he will not own, directly or indirectly, any controlling or substantial stock or other beneficial interest in any business enterprise which is engaged in, or competitive with, any business engaged in by the Company. Notwithstanding the foregoing, the Executive may own, directly or indirectly, up to 5% of the outstanding capital stock of any business having a class of capital stock which is traded on any national stock exchange or in the over-the-counter market.

  • Subsidiaries and Joint Ventures Create, acquire or otherwise suffer to exist, or permit any Subsidiary of such Borrower to create, acquire or otherwise suffer to exist, any Subsidiary or joint venture arrangement not in existence as of the date hereof, except in connection with a Permitted Acquisition.

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