Outside Activities of Members. Any Member shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Company, including business interests and activities in direct competition with the Company Group. Neither the Company nor any of the other Members shall have any rights by virtue of this Agreement in any business ventures of any Member.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Titan Energy, LLC), Limited Liability Company Agreement (MGM Growth Properties LLC), Limited Liability Company Agreement (MGM Growth Properties LLC)
Outside Activities of Members. Any Each Member shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Company, including business interests and activities in direct competition with the Company Group. Neither the Company nor any of the other Members shall have any rights by virtue of this Agreement in any business ventures of any Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Viper Energy Partners LP)
Outside Activities of Members. Any Each Member shall be entitled to and may have business interests and engage in or possess interests in other business activities in addition to those relating to the Company, including business interests ventures of every kind and activities in direct competition with the Company Groupdescription for its own account. Neither the Company nor any of the other Members shall have any rights by virtue of this Agreement in any and to such business ventures of any Memberor to the income or profits derived therefrom.
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