Common use of Other Duties of the Manager’s Personnel Clause in Contracts

Other Duties of the Manager’s Personnel. The Company acknowledges that any officers provided by the Manager and the other Manager’s Personnel that provide Management Services may engage in business activities of the Manager and its Affiliates that are unrelated to the Company and that conflicts of interest may exist.

Appears in 7 contracts

Samples: Management Agreement (Teekay Tankers Ltd.), Noncompetition Agreement (Teekay Tankers Ltd.), Management Agreement (Genco Shipping & Trading LTD)

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Other Duties of the Manager’s Personnel. The Company acknowledges that any that, other than the Chief Executive Officer, the other officers provided by the Manager and the other Manager’s Personnel that provide the Management Services may may, subject to the terms of the Omnibus Agreement, engage in business activities of the Manager and its Affiliates that are unrelated to the Company and that conflicts of interest may exist.

Appears in 2 contracts

Samples: Management Agreement (Seaspan CORP), Management Agreement (Seaspan CORP)

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Other Duties of the Manager’s Personnel. The Company acknowledges that any that, other than the Chief Executive Officer, the other officers provided by the Manager and the other of the Manager’s Personnel that provide the Management Services may Services, may, subject to the terms of the Omnibus Agreement, engage in business activities of the Manager and its Affiliates that are unrelated to the Company and that conflicts of interest may exist.

Appears in 2 contracts

Samples: Management Agreement (Seaspan CORP), Management Agreement (Seaspan CORP)

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