Common use of Other Businesses Clause in Contracts

Other Businesses. Any Partner (and any stockholder, affiliate, agent, or representative of a Partner) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including business ventures engaged in the acquisition, ownership, operation, or management of television stations. Neither the Partnership nor any Partner shall have any rights in or to any independent ventures of any of the Partners or to the income or profits derived therefrom, nor shall any Partner have any obligation to any other Partner with respect to any such enterprise or related transaction.

Appears in 8 contracts

Samples: Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)

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Other Businesses. Any Partner (and any stockholder, affiliate, agent, or representative of a Partner) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including business ventures engaged in the acquisition, ownership, operation, or management of television stationstravel agencies. Neither the Partnership nor any Partner shall have any rights in or to any independent ventures of any of the Partners or to the income or profits derived therefrom, nor shall any Partner have any obligation to any other Partner with respect to any such enterprise or related transaction.

Appears in 1 contract

Samples: Partnership Agreement (S.D. Shepherd Systems, Inc.)

Other Businesses. Any Partner (and any stockholder, affiliate, agent, or representative of a Partner) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including business ventures engaged in the acquisition, ownership, operation, or management of television stations. Neither the Partnership nor 4 any Partner shall have any rights in or to any independent ventures of any of the Partners or to the income or profits derived therefrom, nor shall any Partner have any obligation to any other Partner with respect to any such enterprise or related transaction.

Appears in 1 contract

Samples: Partnership Agreement (Ticketmaster Corp /Il/)

Other Businesses. Any Partner (and any stockholder, affiliate, agent, or representative of a Partner) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including business ventures engaged in the acquisition, ownership, operation, or management of television stations. Neither the Partnership nor any Partner shall have any rights in or to any independent ventures of any of the Partners or to the 3 4 income or profits derived therefrom, nor shall any Partner have any obligation to any other Partner with respect to any such enterprise or related transaction.

Appears in 1 contract

Samples: Partnership Agreement (Ticketmaster Corp /Il/)

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Other Businesses. Any Partner (Either Partner, and any stockholder, affiliatepartner, agentAffiliate, agent or representative of a either Partner) , may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including created and whether or not competitive with or advanced by the business ventures engaged in of the acquisition, ownership, operation, or management of television stationsPartnership. Neither the Partnership nor any the other Partner shall have any rights in or to any independent ventures of any of the Partners or to the income or profits derived therefrom, nor shall any a Partner have any obligation to any the other Partner with respect to any such enterprise or related transaction.

Appears in 1 contract

Samples: Limited Partnership Agreement (Paxson Minneapolis License Inc)

Other Businesses. Any Partner (and any stockholder, affiliate, agent, or representative of a Partner) may engage in or possess an interest in other business ventures of any nature or description, independently or with others, whether currently existing or hereafter created, including business ventures engaged in the acquisition, 4 ownership, operation, or management of television stations. Neither the Partnership nor any Partner shall have any rights in or to any independent ventures of any of the Partners or to the income or profits derived therefrom, nor shall any Partner have any obligation to any other Partner with respect to any such enterprise or related transaction.

Appears in 1 contract

Samples: Partnership Agreement (Ticketmaster Corp /Il/)

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