Common use of Other Business; Business Transactions of the Member with the Company; Company Property Clause in Contracts

Other Business; Business Transactions of the Member with the Company; Company Property. (a) The Member and any Affiliate thereof may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Chase Card Funding LLC), Limited Liability Company Agreement (Chase Issuance Trust), Royalty Participation Agreement (Elan Corp PLC)

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Other Business; Business Transactions of the Member with the Company; Company Property. (a) The Member Member, the Special Members and any Affiliate thereof their respective Affiliates (other than the Company) may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (Theravance Inc)

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