Common use of Other Business of Members, Directors and Affiliates Clause in Contracts

Other Business of Members, Directors and Affiliates. (a) The Members, each Director and their respective Affiliates (other than any Group Member) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company or the Partnership Group, and the Company, the Partnership Group, the Directors and the Members shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company or the Partnership Group, shall not be deemed wrongful or improper, notwithstanding any other provision of this Agreement or any duty otherwise existing at law or in equity.

Other Business of Members, Directors and Affiliates. (a) The Members, each Director and their respective Affiliates (other than any Group Member) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company or the Partnership Groupany Group Member, and the Company, the Partnership Groupany Group Member, the Directors and the Members shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company or the Partnership Groupany Group Member, shall not be deemed wrongful or improper, notwithstanding any other provision of this Agreement or any duty otherwise existing at law or in equity.

Other Business of Members, Directors and Affiliates. (a) The Members, each Director and their respective Affiliates (other than any Group Member) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company or the Partnership Group, and the Company, the Partnership Group, the Directors and the Members shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company or the Partnership Group, shall not be deemed wrongful or improper, notwithstanding any other provision of this Agreement or any duty otherwise existing at law under the Act or any other Applicable Law or in equity.

Other Business of Members, Directors and Affiliates. (a) The Members, each Director Managing Member and their respective its Affiliates (other than any Group Member) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company or the Partnership Groupany Group Member, and the Company, the Partnership Groupany Group Member, the Directors and the Members (other than the Managing Member) shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company or the Partnership Groupany Group Member, shall not be deemed wrongful or improper, notwithstanding any other provision of this Agreement or any duty otherwise existing at law or in equity.