Other Business and Activities Sample Clauses

Other Business and Activities. Neither the Company nor any Member shall have any right, solely by virtue of this Agreement or the relationship created hereby, in or to any other ventures or activities in which any Member or any Affiliate of any Member is involved or becomes involved or to the income or proceeds derived therefrom, and the Members and Affiliates of the Members may pursue other ventures and activities even if competitive with the purposes of the Company or any Subsidiary. No Member or Affiliate of a Member shall be obligated to present any particular investment opportunity to the Company even if such opportunity is of a character which, if presented to the Company or any Subsidiary, would be taken by the Company or any Subsidiary, and such Member and each Affiliate of a Member shall have the right to take for its own account, or to recommend to others, any such particular opportunity. Notwithstanding the foregoing, this Section 4.2 is subject to the provisions of Section 8.3 (Standstill/Exclusivity) and to the provisions of Section 3.6 (Prohibited Projects and Non-Competition) of the Development Management Agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Other Business and Activities. From and after the Effective Date, and notwithstanding the consulting services to be provided hereunder, Xxxxxx shall be free to pursue any other business and activities in any industry, including the oil, gas and minerals industry, whether or not competitive with Delta. It is expressly acknowledged and agreed that Xxxxxx shall hereafter have no duty to present any potential transactions to Delta or to disclose any other business information to which he may be privy. Without limiting the foregoing, and for purposes of clarification, it is acknowledged and agreed that Sections 9 and 10 of the Change-In-Control Agreement and 15 and 16 of the Employment Agreement shall be null, void and of no effect.
Sample 1
Other Business and Activities. From and after the Retirement Date, and notwithstanding the consulting services to be provided hereunder but subject to the limitations contained in Section 11, Xxxxxx shall be free to pursue any other business and activities in any industry. It is expressly acknowledged and agreed that, except as set forth in Section 10, Xxxxxx shall hereafter have no duty to present any potential transactions to Recovery or to disclose any other business information to which he may be privy.
Sample 1
Other Business and Activities. From and after the Separation Date, subject to the limitations contained in Section 9, Xxxxxx shall be free to pursue any other business and activities in any industry. It is expressly acknowledged and agreed that, except as set forth in Section 9, Xxxxxx shall hereafter have no duty to present any potential transactions to Lilis or to disclose any other business information to which he may be privy.
Sample 1
Other Business and Activities. Except as otherwise expressly provided in this Agreement, nothing in this Agreement shall be deemed to restrict in any way the rights of any Partner, or any of its shareholders, partners or Affiliates, to conduct any business or activity whatsoever, whether or not such business or activity is competitive with the business or interests of the Partnership, without any accountability to the Partnership or to any other Partners.
Sample 1
Other Business and Activities. From and after the Separation Date, Poster shall be free to pursue any other business and activities in any industry. It is expressly acknowledged and agreed that Poster shall hereafter have no duty to present any potential transactions to Lilis or to disclose any other business information to which he may be privy.
Sample 1
Other Business and Activities. From and after the Separation Date, White shall be free to pursue any other business and activities in any industry. It is expressly acknowledged and agreed that White shall hereafter have no duty to present any potential transactions to Lilis or to disclose any other business information to which he may be privy.
Sample 1
AutoNDA by SimpleDocs

Related to Other Business and Activities

  • 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.

  • Competitive Business Activities The term "Competitive Business Activities" as used herein shall be deemed to mean the Business.

  • Certain Activities The Executive shall not, while employed by the Company and for a period of one (1) year following the date of termination, directly or indirectly, hire, offer to hire, entice away or in any other manner persuade or attempt to persuade any officer, employee, agent, lessor, lessee, licensor, licensee or supplier of Employer or any of its subsidiaries to discontinue or alter his or its relationship with Employer or any of its subsidiaries.

  • Permitted Activities The Executive shall devote his entire business time, attention and energies to the Business of the Employer and shall not during the Term be engaged (whether or not during normal business hours) in any other business or professional activity, whether or not such activity is pursued for gain, profit or other pecuniary advantage; but this shall not be construed as preventing the Executive from:

  • Outside Activities Subject to the Articles of Incorporation and any agreements entered into by the General Partner or its Affiliates with the Partnership or a Subsidiary, any officer, director, employee, agent, trustee, Affiliate or stockholder of the General Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities substantially similar or identical to those of the Partnership. Neither the Partnership nor any of the Limited Partners shall have any rights by virtue of this Agreement in any such business ventures, interest or activities. None of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any such business ventures, interests or activities, and the General Partner shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures, interests and activities to the Partnership or any Limited Partner, even if such opportunity is of a character which, if presented to the Partnership or any Limited Partner, could be taken by such Person.

  • Services to Other Clients; Certain Affiliated Activities (a) The relationship between the Asset Manager and the Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement.

  • 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.

  • 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.

  • 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.

  • Restricted Activities The Executive agrees that some restrictions on his activities during and after his employment are necessary to protect the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!