Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (Consumers Funding LLC), Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholdersmembers, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC)
Other Ventures. It Notwithstanding any other provision at law or in equity, it is expressly agreed that the Member, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (MP Environmental Funding LLC), Limited Liability Company Agreement (PE Environmental Funding LLC), Limited Liability Company Agreement (MP Environmental Funding LLC)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Member and any Affiliatesaffiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (Consumers Funding LLC), Pse&g Transition Funding LLC
Other Ventures. It is expressly agreed that the MemberMembers, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Managerof them, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and neither the Company nor the Members shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 2 contracts
Samples: Operating Agreement (Amscan Holdings Inc), Operating Agreement (Amscan Holdings Inc)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc), Limited Liability (Pp&l Transition Bond Co Inc)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Members and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Managersuch Members, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and neither the Company nor the Members shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fortress Brookdale Acquisition LLC), Limited Liability Company Agreement (Fortress Registered Investment Trust)
Other Ventures. It is expressly agreed that the Member, any the Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any the Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, notwithstanding any provision to the contrary at law or in equity and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)
Other Ventures. It is expressly agreed that the Member, any -------------- Special Member, any Manager and any Affiliates, officers, directors, managers, stockholdersshareholders, members, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 1 contract
Samples: Limited Liability (Reliant Energy Transition Bond Co LLC)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Members and any AffiliatesAffili ates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Managersuch Members, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and neither the Company nor the Members shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Capital Z Financial Services Fund Ii Lp)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Member -------------- and any Affiliatesaffiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Txu Transition Bond Co LLC)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Member and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Central & South West Corp)
Other Ventures. It is expressly agreed that the Member, any Special Member, any Manager Member and any Affiliatesaffiliates, officers, directors, managers, stockholders, partners or employees of the Member, any Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.. 3.05
Appears in 1 contract
Samples: Pp&l Transition Bond Co Inc
Other Ventures. It Notwithstanding any other provision at law or in equity, it is expressly agreed that the Member, any Special Member, any Manager and any Affiliates, officers, directors, managers, stockholders, partners or employees of the Member, any 24 Special Member or any Manager, may engage in other business ventures of every nature and description, whether or not in competition with the Company, independently or with others, and the Company shall not have any rights in and to any independent venture or activity or the income or profits derived therefrom.. SECTION 8.09
Appears in 1 contract
Samples: Limited Liability Agreement
